State Capital Management Committee at Enterprises ends operations: 'Avoid panic'

The summary conference of the State Capital Management Committee at Enterprises started at 3:00 p.m. on December 6, with the participation of Government leaders and representatives of 19 corporations and groups.

Summary conference of the State Capital Management Committee at enterprises on the afternoon of December 6

The Government leader requested the State Capital Management Committee at Enterprises (CMSC) to focus on the project to end its operations in the most scientific and effective way, avoiding hesitation and confusion.

The State Capital Management Committee at Enterprises will cease operations.

Speaking at the conference, Deputy Prime Minister Ho Duc Phoc mentioned Resolution No. 18 of the Party Central Committee on streamlining and organizing the apparatus to be lean and effective.

According to the plan, the State Capital Management Committee at Enterprises will end its activities and transfer to the Ministry of Finance and other units. Mr. Phoc said the committee needs to meet with corporations, general companies, and ministries to arrange how to ensure efficiency and suitability.

Deputy Prime Minister Ho Duc Phoc speaks at the closing conference of the State Capital Management Committee at enterprises - Photo: BINH KHANH

The Deputy Prime Minister emphasized that "this is an issue that needs to be done and must be done quickly." Accordingly, the Government leader requested the committee to focus on this in the most scientific and effective way, avoiding wavering and confusion. "The work must not be interrupted, improving the operations of state-owned enterprises , becoming an iron fist," Mr. Phoc emphasized.

Along with the restructuring of the apparatus, Deputy Prime Minister Ho Duc Phoc also said that it is necessary to continue to improve the legal framework. In fact, the management model of the committee is not stipulated in the law, but included in the decree. In the past, the coordination between the committees and ministries was not synchronized, causing conflicts.

Previously, in his opening report at the conference, in addition to the positive results, Mr. Nguyen Ngoc Canh - Vice Chairman of the State Capital Management Committee at Enterprises - also acknowledged the shortcomings and limitations since its establishment in 2018.

"The committee has not yet demonstrated superiority compared to before in terms of professionalism and efficiency. Its activities are still administrative in nature; it has not achieved the initial goals and expectations," Mr. Canh said.

In addition, Mr. Canh said that the coordination between state management agencies with the committee, and between enterprises and agencies is not really clear, tight and effective.

Leader of State Capital Management Committee explains

Regarding the reason, Mr. Canh said that "the goals and expectations when establishing the committee are very high". However, the legal framework for the organization and operation of the committee is completely based on the existing institutional and legal system, the method of operation is still administrative management like the previous ministries, without any additions or adjustments to improve the capacity and effectiveness of the new model.

In addition, the initial resources of the committee were very limited, there was no mechanism for high-quality personnel; no financial mechanism to supplement/transfer investment resources to enterprises. The quantity and quality of personnel in the initial stage of establishment were not adequate to fully meet the requirements of the tasks...

However, according to Mr. Canh, the committee completed handling most of the 259 tasks under the responsibility of the ministries that were still unfinished and pending for many periods after receiving the enterprise.

Mr. Nguyen Ngoc Canh - Vice Chairman of the State Capital Management Committee at Enterprises

Notably, according to a report from CMSC, at the time of transfer to the committee, 6/19 enterprises did not have a general director, such as EVN, the following corporations: State Capital Investment and Business (vacant for more than 2 years), MobiFone Telecommunications, Tobacco, Railways, and Vietnam Maritime.

The Committee also pointed out that there are enterprises with disjointed leadership teams and a lack of fighting spirit when the enterprise has been making losses for many years, such as the Chemical Group, the corporations: Vietnam Railways, Southern Food, Vietnam Coffee, Vietnam Expressway Development Investment. Or 10 enterprises lacking members of the board of members.

"In some cases, there are enterprises that do not have a plan or in some cases, all the personnel in the plan are disciplined, even prosecuted criminally," the CMSC summary report mentioned. In addition, the leadership and management plans of 19 enterprises have not been reviewed and supplemented for many years. However, up to now, in terms of personnel work, all 19 corporations and general companies have basically completed enough leadership and management, without allowing violations, corruption, negativity, complaints... to occur.

Source: https://tuoitre.vn/uy-ban-quan-ly-von-nha-nuoc-tai-dn-ket-thuc-hoat-dong-tranh-tam-ly-hoang-mang-20241206162540657.htm