Conference seeks to mobilise SOEs’ resources for national development
Prime Minister Pham Minh Chinh chaired an online conference with representatives from State-owned enterprises (SOEs) on March 24, which focused on ways to mobilise more resources from SOEs for the country’s socio-economic development.
Hanoi (VNA) - Prime Minister Pham Minh Chinh chairedan online conference with representatives from State-owned enterprises (SOEs)on March 24, which focused on ways to mobilise more resources from SOEs for thecountry’s socio-economic development.
In his opening speech at the event, PM Chinhsaid innovating and improving the operational efficiency of SOEs has beenidentified as one of the key tasks of all sectors and localities, as well asenterprises themselves.
SOEs are holౠding a key position and are a vital force of the Stateeconomy, significantly contributing to stabilising the macro-economy and promotingsocio-economic development, he stressed.
Prime Minister Pham Minh Chinh speaks at the conference (Photo: VNA)
Although accounting for only 0.08 percent of the total number ofbusinesses in the country (as of December 31, 2020), wholly state-owned enterprises hold about 7 percent of total assets and 10percent of the equity of all businesses, about 25.78 percent of the total capital for productionand business, and 23.4 percent of the fixed asset value and long-term financial investments of the firms on the market.
According to the Government leader, the unpredictabledevelopments of the COVID-19 pandemic, trade disputes and geopolitical conflictsbetween big countries have impacted on the production and business capacity,competitiveness and sustainable development of the business community in generaland SOEs in particular.
Weaknesses and obstacles in the development of SOEs need to befound out, thus outlining appropriate solutions to those, he stressed.
Attention should be also paid to upholding the role of Partyorganisations in SOEs, the PM added.
Immediately 🧸after the conference, the Government will issue a resolution setting out tasks and solutions to promote innovation and improveefficiency in mobilising resources from SOEs for the nation's socio-economic development./.
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At the meeting (Photo: VNA) 
Prime Minister Pham Minh Chinh speaks at the conference (Photo: VNA) 
