The Government Office has issued Document No. 51/TB-VPCP announcing the Prime Minister’s conclusions at the working session with the State Capital Management Committee in Enterprises and 19 Economic Groups, State-owned Corporations representing the owner in the implementation of production, business in 2024 and promoting economic and social development investment.
Accordingly, 2024 is a very important year, the turning point in the implementation of the 5-year Socio-economic Development Plan 2021-2025, requiring higher tasks in 2024 compared to 2023 while forecasting favorable international and domestic situations, opportunities, and more difficulties, challenges, of which difficulties, and challenges are more.
Prime Minister Pham Minh Chinh meets with State Capital Management Committee in Businesses and 19 Groups and Corporations
The 19 Economic Groups, State-owned Corporations are holding a substantial amount of the country’s resources, therefore, the Prime Minister requests the State Capital Management Committee in Enterprises, ministries, agencies, and 19 Economic Groups, State-owned Corporations to thoroughly grasp the following viewpoints:
Adhere to the Party’s guidelines, the State’s policies and laws, the Resolution of the 13th National Party Congress, the conclusions, resolutions, and directions of the Central Committee, the National Assembly, and the Government; have a firm grasp of the situation, the actual situation to concretize into specific plans, projects, and organize flexible and effective implementation.
Focus on removing obstacles and difficulties in legal documents related to taxes, land, real estate, housing… in the spirit of minimizing administrative procedures that increase compliance costs for businesses; decentralization, more delegation must go hand in hand with suitable resource allocation, enhance enforcement capacity, strengthen inspection and supervision.
Overcome the existing limitations and constraints of 2023 to focus on promoting investment and development, in which investment is key and focus on the country’s 3 strategic breakthroughs (institutions, infrastructure, human resources); renew the 3 growth drivers (investment, exports, consumption); supplement new growth drivers: digital transformation, green transformation, circular economy, knowledge-based economy, sharing economy…
The Prime Minister requires a focus on restructuring the 19 Economic Groups, State-owned Corporations according to approved plans, with a focus on restructuring management including: organization, personnel, improving the quality of human resources; financial restructuring; restructuring industry, materials input,… suitable for the market, development trends. The evaluation and rating of enterprises must be based on overall efficiency.
At the same time, promote decentralization, delegation, reduce administrative procedures; proactively think, do, and take responsibility for tasks under jurisdiction; adhere to the state’s guidelines, directives, and economic laws.
Strengthen the prevention and control of negativity, corruption, wastefulness, group interests, and against dependent thinking, reliance. Promote the tradition, historical branding developed over many years, the spirit of each enterprise to create new momentum, new results, and new victories.
Actively improve the material and spiritual living conditions of officials, workers, and laborers towards higher than the previous year; actively contribute to social security work.
The Prime Minister requires the State Capital Management Committee in Enterprises to synthesize the difficulties and problems of the Groups and Corporations mentioned at the Conference for consideration and handling according to the assigned functions, tasks; actively work with the Groups, Corporations in working with relevant ministries, state management agencies to soon find solutions to remove difficulties for enterprises.
The Prime Minister requires the State Capital Management Committee in Enterprises, ministries, agencies, and 19 Economic Groups, State-owned Corporations to thoroughly grasp the viewpoints at the conference
Summarize the obstacles and shortcomings of Law No. 69/2014/QH13 (Law on Management and Use of State Capital Invested in Production and Business at Enterprises), clearly identify the content that needs to be amended, supplemented urgently to remove difficulties, free up resources, and facilitate state-owned enterprises to implement investment and development and contribute opinions to be sent to the Ministry of Finance in February 2024.
The State Capital Management Committee in Enterprises arranges personnel correctly, based on the criteria, conditions, procedures, regulations of the Party and the State, ensuring openness, democracy, objectivity, transparency; absolutely not use position, power, negative influences, corruption in personnel work.
Everything must follow the processes and regulations; not allowing anyone to negatively interfere with personnel work. Urgently organize the Government’s regular programs, projects to report results, submit to the Politburo, the National Assembly (Projects: Viet Nam-China Steel VTM, expansion of Thai Nguyen Steel Plant Phase 2 in March 2024; Project to restructure VEC in the first quarter of 2024; Dung Quat Shipyard in the first quarter of 2024; Overall scheme to overcome difficulties for Vietnam Airlines due to the impact of the COVID-19 pandemic in the period of 2021-2026 in February 2024).
The State Capital Management Committee in Enterprises focuses on studying key solutions, promoting strongly for the development investment of 19 Economic Groups, State-owned Corporations.
Regarding the 19 Economic Groups, State-owned Corporations, Prime Minister Chinh specifically mentioned production, business, and investment activities, especially financial indicators, that must contribute more state budget to economic growth in 2024 than in 2023; better prevention and control of corruption, negativity, and waste; focus on promoting investment and development; create employment, livelihoods for people; contribute more to social security, contribute to the implementation of the country’s development goals of strength, prosperity, providing a more and more prosperous, comfortable life for the people.
The Corporations: Vietnam Electricity, PetroVietnam, Vietnam National Coal-Mineral Industries Holding Corporation Limited, Vietnam National Petroleum Group in 2024 well perform the important role of balancing the economy in terms of electricity, petroleum, and gas.
Resource exploitation must follow long-term programs, plans, not just for short-term goals.
Based on functions, tasks, and responsibilities, the 19 Economic Groups, State-owned Corporations must be proactive, positive, and effective in investment and development of production, business towards digital transformation, green transformation, circular economy… based on innovation and science and technology.
The Prime Minister requires relevant ministries, agencies to coordinate closely and effectively with the State Capital Management Committee in Enterprises to promptly resolve difficulties, problems, proposals of enterprises in the spirit of all for common interests, national interests, for the development of the 19 Economic Groups, State-owned Corporations; no pushing, avoiding, annoying, interfering with, and together with enterprises to overcome difficulties, overcome challenges; strengthen the construction of legal corridors, mechanisms, policies for increasingly sustainable development of enterprises.
The Prime Minister assigned the Ministry of Finance to promptly submit to the Government the draft Law No. 69/2014/QH13 (amended).
In cases where the expected duration is extended for many years because the law project is difficult, based on the proposal of the State Capital Management Committee in Enterprises, research proposals for amendment of some articles in Law 69 in the sequence of shortened procedures as soon as possible to promptly remove obstacles, free up resources for investment by state-owned enterprises to contribute to economic and social development.
The Ministry of Finance urgently submitted to the Government in March 2024 instructions for Law No. 69 (which have been overdue) such as: Amending and supplementing Decree No. 126/2018/ND-CP and Decree No. 140/2020/ND-CP to remove difficulties, obstacles to equitization, divestment, increasing resources for state-owned enterprises from after-tax profits and other resources to invest in important and efficient projects, improve production and business capacity.
Urgently submit to the Government Decree amending and supplementing Decree No. 155/2020/ND-CP of the Government detailing the implementation of some articles of the Securities Law (task assigned in Official Letter No. 9453/VPCP-KTTH on December 1, 2023).
The Prime Minister assigned the Ministry of Planning and Investment to expeditiously summarize the opinions of the Government members on the amendment and supplementation of Decree 10/2019/ND-CP on the exercise of rights and responsibilities of state owner’s representatives, submit to the Government/Prime Minister for consideration and decision in February 2024.
The Ministries of Natural Resources and Environment, Finance, Agriculture and Rural Development urgently submitted to the Government specific documents detailing the implementation of the Land Law in 2024.
The Prime Minister assigned the Ministry of Industry and Trade to innovate the mechanism of managing petroleum business units towards reducing intermediary levels, making it easier to inspect and supervise; implement a reasonable electricity price adjustment roadmap, without abruptness and perfectionism.
The Ministry of Industry and Trade urgently submitted to the Government in March 2024 Decrees amending and supplementing Decree No. 95/2021/ND-CP and Decree No. 83/2014/ND-CP of the Government on petroleum business; urgently build gas, wind, and solar power prices suitable to the market mechanism, submit to the Government in the second quarter of 2024.
