Prime Minister Pham Minh Chinh speaks at the meeting

In his opening speech at the event,  PM Chinh said innovating and improving the operational efficiency of SOEs is one of the key tasks of all sectors and localities, as well as enterprises themselves.

SOEs hold a key position and are a vital force of the State economy, significantly contributing to stabilising the macro-economy and promoting socio-economic development, he stressed.

"Ministries, sectors and localities need to improve the state management role of state-owned enterprises and the State capital management committee at enterprises. Obstacles need to be identified and addressed and the state capital management committees at enterprises need to help improve production efficiency and performance of SOEs,' said the Prime Minister.

The Prime Minister said weaknesses and obstacles in the development of SOEs need to be addressed, thus outlining appropriate solutions in order to bring into play resources of SOEs in national socio-economic development.

Immediately after the conference, the Government will issue a resolution setting out tasks and solutions to promote innovation and improve efficiency in mobilising resources from SOEs for the nation's socio-economic development