SOEs failed to disclose business information to be punished
The Ministry of Planning and Investment (MPI) has just asked the Government to handle the state-owned enterprises (SOEs) which failed to disclose their business information in 2017 in line with the Government’s Decree 81/2015/ND-CP issued in September 2015.
The headquarter of the Ministry of Planning and Investment in Hanoi. (Photo: baodautu.vn)
Hanoi (VNA) – The Ministry of Planning and Investment (MPI) has just askedthe Government to handle the state-owned enterprises (SOEs) which failed todisclose their business information in 2017 in line with the Government’sDecree 81/2015/ND-CP issued in September 2015.
Accordingto the ministry’s report, by the end of 2017, only 265 out of 622 SOEs sentreports to publicise their information on MPI’s business information portal. However,most of them sent only five out of nine reports required for publication.
Therest mostly operate in irrigation, agriculture, forestry, and lottery inlocalities. They included the Shipbuilding Industry Corporation (Vinashin), theVietnam Express Corporation (VEC), the Vietnam Northern Food Corporation(Vinafood), the Agriculture and Rural Development Bank (Agribank), andenterprises under the Ministry of Culture, Sports and Tourism.
Besides,many subsidiaries failed to follow the Decree, including one under the VietnamNational Oil and Gas Group (PetroVietnam), two under the Vietnam NationalChemical Group (VinaChem), five under the Vietnam National Coal – MineralIndustries Holding Corporation (VinaComin), and four under the Vietnam RubberGroup (VRG).
As ofDecember 31, 2017, only 20 out of 84 governing bodies disclosed their businessinformation in line with the decree. The rest have yet strictly followed thedecree, in terms of setting up a column to disclose their business information,inspection, monitoring and violation handling.
The MPIproposed the Prime Minister instruct ministries, and the provincial People’sCommittees to promptly complete their reports and send to the ministry; anddeal with responsibility of the leaders of the SOEs which failed to follow thedecree, and publicise the punishments on their own websites and MPI’s businessinformation portal.-VNA
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The headquarter of the Ministry of Planning and Investment in Hanoi. (Photo: baodautu.vn) 
