Enhancing Production and Business Efficiency for State-Owned Enterprises
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Dispatch to Ministers, Heads of Ministerial Agencies, Government Agencies; Chairpersons of Provincial/Municipal People’s Committees; Chairpersons of Members’ Councils/Boards of Directors, and General Directors of Corporations, General Corporations, and State-Owned Enterprises.
Amidst a global economic landscape fraught with risks, promoting growth while maintaining macroeconomic stability necessitates enhancing the operational efficiency of state-owned enterprises. Some state-owned enterprises continue to face challenges, experiencing losses, financial instability, institutional hurdles, and inefficient investment practices.
To improve the operational efficiency and production and business performance of state-owned enterprises, thereby contributing to the macroeconomic growth target of at least 8% in 2025, the Prime Minister instructs Ministers, Heads of Ministerial Agencies and Government Agencies, Chairpersons of Provincial/Municipal People’s Committees, Chairpersons of Members’ Councils/Boards of Directors, and General Directors of Corporations, General Corporations, and State-Owned Enterprises to vigorously and effectively implement the directions provided by the Prime Minister in the following documents: No. 17/TB-VPCP dated January 14, 2025, No. 09/CT-TTg dated March 21, 2025, No. 2910/VPCP-ĐMDN dated April 7, 2025, No. 12/CT-TTg dated April 21, 2025, No. 216/TB-VPCP dated May 6, 2025, and other relevant directives issued by the Government leaders regarding enhancing the operational efficiency and production and business performance of state-owned enterprises.
Strengthening Financial Monitoring and Evaluating State-Owned Enterprises’ Performance
The Prime Minister assigns the Ministry of Finance to promptly address difficulties and obstacles arising during the implementation of the 2025 growth targets for state-owned enterprises, adhering to the directions provided by the Government leaders in Document No. 2910/VPCP-ĐMDN dated April 7, 2025.
Conduct a comprehensive review of the effectiveness of investment, management, and utilization of state capital in enterprises. Strengthen financial monitoring and performance evaluation of state-owned enterprises within the scope of authority and legal provisions to ensure proper, efficient, and transparent use of capital. Provide timely warnings for enterprises exhibiting signs of financial instability.
Ensuring Timely Capital Provision for State-Owned Enterprises’ Investment Projects
The Prime Minister assigns the State Bank of Vietnam to direct the credit system to provide timely, reasonable, and regulated capital for investment projects in production and business activities of state-owned enterprises, especially in key and strategic infrastructure fields.
Simultaneously, continue to reform lending procedures, enhance risk management, and facilitate state-owned enterprises’ access to credit.
Promptly Addressing Challenges to Promote State-Owned Enterprises’ Production and Business Activities
The Prime Minister requests that ministries, sectors, and Provincial/Municipal People’s Committees proactively identify challenges and obstacles in the production and business activities of state-owned enterprises and promptly implement solutions to promote their production and business operations within the scope of authority and legal provisions. In cases where issues exceed their authority, they must promptly report to competent authorities for consideration and decision-making.
Expedite the implementation of growth target assignments for state-owned enterprises within their management scope, monitor progress, and contribute to ensuring that the country’s growth target for 2025 reaches at least 8%. Strengthen financial monitoring and performance evaluation of state-owned enterprises within their management scope, providing timely warnings and directing enterprises to prevent and overcome risks and weaknesses.
Provide guidance and support to Corporations, General Corporations, and State-Owned Enterprises within their management scope in implementing large and important investment projects, ensuring expedited progress and guaranteed quality.
Disseminate this dispatch to Corporations, General Corporations, and State-Owned Enterprises within the management scope to ensure consistent and effective implementation.
State-Owned Enterprises to Enhance Technology, Digital Transformation, Governance, and Labor Productivity
The Prime Minister requests that Corporations, General Corporations, and State-Owned Enterprises continue to improve production and business efficiency, governance, and human resource quality. Focus resources on core business areas and invest in large, pivotal, and impactful projects that drive socioeconomic development, resolutely overcoming scattered and inefficient investment practices.
Promote the application of science and technology, digital transformation, governance improvement, and labor productivity enhancement to reduce costs.
Enhance the responsibility of leaders in preserving and developing state capital, linking responsibility with the effective fulfillment of assigned tasks.
The Prime Minister requests that Ministers, Heads of Ministerial Agencies and Government Agencies, Chairpersons of Provincial/Municipal People’s Committees, Chairpersons of Members’ Councils/Boards of Directors, and General Directors of Corporations, General Corporations, and State-Owned Enterprises directly lead the implementation of this dispatch, regularly inspect and supervise the process, and improve the production and business efficiency of Corporations, General Corporations, and State-Owned Enterprises.
– 13:48 30/05/2025
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