Actually, the so-called ‘capital preservation’ mechanism today is a flawed mechanism. Capital preservation must be viewed with a long-term vision—five years, 10 years. Of course, not all state-owned enterprises (SOEs) can or need to do this. Now, if we shift to a new approach, i.e., accepting additional investment, allowing profits and capital to be retained, then in theory, SOEs can become larger enterprises. Therefore, increasing capital should only apply to a number of corporations, general companies, and SOEs in key sectors, not to everyone.

Source: VietNamNet News February 05, 2026 08:11 UTC