Government urges for acceleration of SOEs restructuring
(VOVworld)- The Government Office has announced the Deputy Prime Minister Vu Van Ninh’s conclusion at the meeting on State-owned enterprises restructuring. The Deputy Prime Minister asked ministries, sectors, localities, economic groups and corporations to be more resolute in completing the SOEs restructuring plan in the 2014-2015 period.
Enterprises are urged to proceed with Initial Public Offerings or change into stock companies with stock holders being the state, state corporations, trade union organizations, laborers, strategic stock holders and voluntary stock holders. The Deputy Prime Minister asked Ministers and Heads of ministerial and government agencies, Chairmen of provincial and municipal People’s Committees and Presidents of Economic Groups to take responsibility before the Prime Minister for the completion of SOEs restructuring plan in the 2014-2015 period. He stressed that after equitization, enterprises would have to list their stocks on the securities market.
According to the Steering Committee for Enterprise Renovation and Development, by December 25 last year, 143 out of 432 state-owned enterprises to be equitized in the 2014-2015 period have been equitized, doubling the figure of 2013.