(VOVWORLD) -Deputy Prime Minister Le Minh Khai has urged for fine-tuning the institution and legal framework, accelerating the reorganization, renovation, and improvement of the operational efficiency of state-owned enterprises and the development of the private economy.
 Deputy Prime Minister Le Minh Khai speaking at the meeting. Photo: Van Hieu/ VOV
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Deputy PM Khai, who leads the Steering Committee for Enterprise Renovation and Development, chaired the Steering Committee’s meeting on future tasks and solutions in Hanoi on Wednesday.
“The ministries, sectors, and localities continue to direct more closely to perfect the legal framework and mechanisms, policies and regulations to clear obstacles in the restructuring of enterprises, especially the equitization and divestment. Particularly assessing the equitization and divestment period from 2016 to 2020, it is necessary to state the causes and problems that exist, and propose solutions related to the mechanism, which is the key to fulfilling specific tasks,” he said.
 The Steering Committee for Enterprise Renovation and Development's meeting for reviewing the period 2016-2020, 2021 to present and outlining future tasks and solutions. Photo: Van Hieu/ VOV |
From 2016 to 2020, 180 enterprises were equitized with a total enterprise value of 20 billion USD and state capital value of 9.5 billion USD. Last year, 65 million USD worth of State capital were divested of 18 enterprises.