According to the State Capital Management Committee’s report on state-owned capital in enterprises, by the end of 2023, the total equity capital of the parent company belonging to 19 groups, state-owned enterprises, is estimated to reach VND 904,000 trillion, and the total assets are estimated to reach VND 1,616 trillion.
The total revenue of the companies is estimated at VND 1,136 trillion, equivalent to 105.15% of the plan and 96.57% of the same period in 2022. The pre-tax profit is estimated at VND 53,256.32 trillion (excluding EVN, equivalent to USD 2.18 billion), equivalent to 166.09% of the plan and 110.92% of the same period in 2022.
Speaking at the working session, the Prime Minister emphasized that the groups and state-owned enterprises, which hold large resources, must operate profitably and contribute even more to GDP growth and the state budget.
Prime Minister Pham Minh Chinh working with groups and state-owned enterprises. Photo: Nhat Minh
To further enhance the effectiveness of the operations and investment resources of the groups and state-owned enterprises, the Prime Minister requested the delegation of authority, decentralization, reduction of administrative procedures, and more proactive and aggressive actions, with the spirit of strong offensive, courage, confidence, dare to think, dare to do, dare to take responsibility in the implementation of delegated tasks, adhere to the principles but be flexible in specific work implementation, and comply with the laws of the market economy.
The ministries, sectors, and committees must closely cooperate, effectively, and quickly resolve business proposals with the spirit of all for the common interests, national interests, for the development of groups and state-owned enterprises, without pushing away, avoiding, or causing annoyance or confusion, to help businesses overcome difficulties and challenges.
Assigning specific tasks, the Prime Minister requested the Vietnam Electricity Group to ensure sufficient electricity supply; the Vietnam Oil and Gas Group to ensure sufficient oil and gas according to the plan; the Vietnam National Coal-Mineral Industries Group to ensure sufficient coal based on the long-term plan; the Steel Corporation to complete the phase 2 expansion project of the Thai Nguyen Steel Plant (TISCO 2); Vietnam Airlines to address losses and existing issues; the Vietnam National Petroleum Group to ensure sufficient petrol and oil…
The Prime Minister noted that the agencies in charge should implement a suitable roadmap for adjusting electricity prices, avoiding abrupt changes, perfectionism, or haste. The Ministry of Industry and Trade should improve the management mechanism of petroleum trading businesses towards simplicity, ease of inspection, and supervision…
Regarding personnel, the Prime Minister requested the correct and appropriate assignment of human resources based on the standards, conditions, procedures, and regulations of the Party and the State, ensuring transparency, democracy, objectivity, and transparency.
