Besides the performance results in the first nine months of 2025, the PM also directed SOEs to report to the Ministry of Finance on the estimates of their production and business activities until the end of 2025.
The Ministry of Finance says the draft resolution sets ambitious targets for Việt Nam’s State-owned enterprises, aiming to place three SOEs among the world’s top 500 revenue-generating companies and achieve full application of OECD governance principles across all SOEs.
Deputy Prime Minister Nguyễn Chí Dũng on Friday chaired a meeting with ministries on a draft resolution aiming at enhancing the efficiency and role of the State-owned economic sector.
In addition to the removal of restrictions on real estate investment, this law also allows SOEs to purchase securities in accordance with securities law.
The Deputy heads of the Committee include Deputy Prime Minister Nguyễn Chí Dũng (Standing Deputy Head, directly overseeing the development of the proposal), Deputy Prime Minister Hồ Đức Phớc and Minister of Finance Nguyễn Văn Thắng.
Deputy Prime Minister Hồ Đức Phớc has called for accelerated efforts to complete the restructuring projects of State-owned enterprises for approval within the first quarter of this year.
Joint stock commercial banks can easily implement capital increase plans using their shares, while State-owned commercial banks have to go through many rounds of approval to get the go-ahead from authorities on any planned capital increases.
State-owned Vietinbank in Phú Quốc is cutting the auction price of 10 land plots on Phú Quốc Island by 14 per cent, lowering the price to VNĐ26 billion (over US$1 million) from nearly VNĐ30 billion, in an effort to recover...