Today: 29/05/2023 01:33:21 (GMT+7)

PM asks state-run groups, corporations to contribute to building self-reliant economy

State-run groups and corporations must operate effectively to contribute to building an independent and self-reliant economy, Prime Minister Pham Minh Chinh requested on March 18.

Chairing a conference on solutions to innovate the operation of the Committee for Management of State Capital at Enterprises (CMSC) and effectively promote investment resources of State groups and corporations, the Government leader said the CMSC and the 19 groups and corporations it manages must make effective contributions to ensuring macroeconomic stability and major balances, controlling inflation, and promoting growth.

PM, state-run groups, corporations, building self-reliant economy, macroeconomic stability, major balances, controlling inflation, promoting growth

Prime Minister Pham Minh Chinh speaking at the conference.

Attention should be paid to three growth drivers of domestic consumption, investment and export, he said, adding groups and corporations should uphold the responsibility and role of their heads in promoting investment and expanding investment in innovation and creativity, with focus on emerging industries, and major and key projects; and continue to restructure enterprises and transform management models to adapt to new conditions and the situation of the country.

The PM pointed out that the activities of the committee and the 19 croups and corporations still have many limitations and difficulties, and they have failed to bring into play the 63% of capital resources and the 65% of assets of State-owned enterprises nationwide which they are holding.

He asked ministries, sectors and localities to promptly remove bottlenecks in investment of enterprises, speed up the formulation of strategies and master plans for the development of sectors and fields, and associate the development strategies of State-owned enterprises with the development of these sectors and fields in order to make the most of the important resources of the country.

It is necessary to supervise the exercise of rights, functions and duties of the CMSC to avoid causing corruption, other negative phenomenon, and loss of capital and property of the State, the Government leader emphasised.

As of 2022, the 19 groups and corporations managed by the CMSC had guaranteed about 87% of electricity, 50% of petrol for retail sale, 100% of dry gas, 70% of liquefied petroleum gas, 70% of fertilisers, 45% of mobile subscriptions, 49% of domestic air passenger transport, 16% of sea freight management, and 100% of railway transportation.

Bac Giang ensures power grid safety to serve business production
(BGO) – Vice Chairman of the People’s Committee in Bac Giang province (PPC) Phan The Tuan on February 27 chaired a meeting about power supply and safety for local business production.
PM discusses enhancing Vietnam-EU trade, cooperation with EU-ASEAN business delegates
The foreign-invested economic sector is an important component of Vietnam's economy and the Vietnamese Government always protects the legitimate and legitimate rights and interests of investors, Prime Minister Pham Minh Chinh said on February 14.
PM receives leaders of leading businesses in Singapore
Prime Minister Pham Minh Chinh on February 10 met leading Singaporean and Singapore-based businesses and investment funds, as part of his ongoing official visit to the country.
Businesses, farmers team up for sustainable growth
The link between enterprises and farmers has helped form large raw material areas of stable and long-term development, according to Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri.
Provincial Party chief urges building Viet Yen urban area, suppoting businesses
(BGO) - Duong Van Thai, member of the Party Central Committee and Secretary of the provincial Party Committee, on January 31 led a working delegation to inspect the performance of new-spring tasks in Viet Yen district and visit some enterprises in the province.

Source: VNA

PM, state-run groups, corporations, building self-reliant economy, macroeconomic stability, major balances, controlling inflation, promoting growth
New comment has just been added. Click here
Sort:NewBest News