NA session: SOEs’ efficiency not match resourcesThe operation efficiency of State-owned enterprises (SOEs) during 2011-2016 had yet to match the resources they were holding, according to a report delivered to the National Assembly on May 28. In addition, the restructuring of badly-performing businesses and the withdrawal of State capital from ineffective investment projects remained slow. The supervision team suggested ministries, sectors and localities to complete and approve land use plans. The discussion session focused on the implementation of policies and laws on State capital and asset management and use in State-owned enterprises (SOEs) and equitisation of SOEs in the 2011-2016 period. Expressing his sympathy with solutions stated in the NA’s monitoring report, he said it is necessary to accelerate the completion of institution and legal framework for the State Capital Management Committee.

Source: VietNamNet News May 28, 2018 14:15 UTC