Party General Secretary Tô Lâm has signed a Politburo resolution outlining an expanded role of the state sector in the economy with an aim to place one to three State-owned enterprises among the world’s 500 largest companies by 2030.
Under new regulations on supervision, inspection, evaluation, classification, reporting and disclosure of information in the management and investment of State capital in enterprises, criteria for evaluating and classifying SOEs are based on the level of task completion and capital utilisation...
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.
The Ministry of Finance (MoF) is gathering feedback on the draft Law on State Capital Management and Investment in Enterprises through recent workshops and discussions.
Prime Minister Phạm Minh Chính has asked the State-owned enterprises (SOEs) to pilot the recruitment of foreign chief executive officers (CEOs) and those who are not members of the Communist Party of Việt Nam for managing positions.