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Deploying solutions to promote effective production and business...

Deputy Prime Minister Ho Duc Phoc signed Official Dispatch No. 77/CD-TTg dated May 29, 2025 of the Prime Minister on solutions to promote effective production and business for state-owned enterprises.

Báo Đắk NôngBáo Đắk Nông30/05/2025

The dispatch stated that, in the context of the world economy continuing to have many potential risks, promoting growth associated with macroeconomic stability poses an urgent requirement to improve the operational efficiency of state-owned enterprises; the production and business activities of a number of state-owned enterprises still face many difficulties, operating at a loss, showing signs of financial insecurity, and problems with institutions, mechanisms, governance and investment efficiency.

In order to improve the operational efficiency and production and business of state-owned enterprises, contributing to the realization of the macroeconomic growth target of 8% or more in 2025, the Prime Minister assigned the Ministry of Finance to take the lead in promptly resolving difficulties and problems arising in the process of implementing the assignment of growth targets for 2025 to state-owned enterprises in accordance with the direction of the Government's leaders in Official Dispatch No. 2910/VPCP-DMDN dated April 7, 2025.

Review and comprehensively evaluate the effectiveness of investment, management and use of state capital in enterprises; strengthen financial supervision and evaluate the performance of state-owned enterprises according to authority and legal regulations to ensure proper, effective and transparent use, including timely warnings to enterprises showing signs of financial insecurity.

The Prime Minister assigned the State Bank of Vietnam to direct the credit system to provide capital in a timely, reasonable and appropriate manner in accordance with regulations for investment projects in production and business of state-owned enterprises, especially in key areas and strategic infrastructure.

At the same time, continue to reform lending procedures, strengthen risk control, and create favorable conditions for state-owned enterprises to access credit capital.

Implement solutions to promote effective production and business for state-owned enterprises

The Prime Minister requested ministries, branches, and People's Committees of provinces and centrally-run cities to proactively and actively grasp the existing problems, difficulties, and obstacles in the production and business activities of state-owned enterprises in order to promptly have solutions to remove them and promote production and business according to their authority and legal regulations; in cases beyond their authority, they must promptly report to competent authorities for consideration and decision.

Urgently and effectively implement and take responsibility for assigning growth targets to state-owned enterprises under management, monitor and urge implementation, contributing to ensuring the national growth target of 8% or more in 2025.

Strengthen financial supervision and evaluate the performance of state-owned enterprises under management; promptly warn and direct enterprises to take measures to prevent and overcome risks and weaknesses.

Direct and support corporations, general companies, and state-owned enterprises under management to implement large and important investment projects; in which, speed up progress and ensure quality.

Disseminate this Telegram to Corporations, General Companies, and State-owned enterprises under management to ensure consistent and effective implementation.

The Prime Minister requested that corporations, general corporations, and state-owned enterprises continue to improve the efficiency of production and business activities, management capacity, and human resource quality; focus resources on core business areas, invest in large, focused, key projects with spillover effects, create momentum, and promote socio-economic development, and resolutely overcome the situation of scattered, ineffective investment.

Promote the application of science and technology, digital transformation, improve management capacity and labor productivity, and reduce costs.

Enhance the responsibility of leaders in preserving and developing state capital, linking responsibility with the effectiveness of assigned tasks.

The Prime Minister requested Ministers, Heads of ministerial-level agencies, Government agencies, Chairmen of People's Committees of provinces and centrally-run cities, Chairmen of Boards of Members/Boards of Directors, General Directors of Corporations, General Corporations, and State-owned enterprises to directly direct the implementation, regularly inspect and supervise to improve the production and business efficiency of Corporations, General Corporations, and State-owned enterprises.

Source: https://baodaknong.vn/trien-khai-cac-giai-phap-thuc-day-san-xuat-kinh-doanh-hieu-qua-doi-voi-doanh-nghiep-nha-nuoc-254136.html


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