Transfer of 18 corporations and general companies to the Ministry of Finance: An unprecedented event

18 corporations and general companies were transferred to the Ministry of Finance. Deputy Prime Minister Ho Duc Phoc said: This is an unprecedented transfer event.

VietNamNetVietNamNet28/02/2025

The signing ceremony to transfer the rights and responsibilities of the agency representing the state capital owner from the State Capital Management Committee at Enterprises to the Ministry of Finance took place today (February 28) at the headquarters of the Ministry of Finance.

Commenting on this unprecedented transfer event, Deputy Prime Minister Ho Duc Phoc shared: We are streamlining and reorganizing the apparatus so that the economy can increasingly accelerate and develop, bringing the country into a new stage of development that is more powerful and stronger.

"After the reorganization and merger, the Ministry of Finance will have a very important role and mission. The Ministry of Finance is like the backbone of the economy. Whether the economy can make a breakthrough and develop or not, the task of the Ministry of Finance is extremely important, it is the core of the core to promote development," said the Deputy Prime Minister.

Transfer of 18 TCT corporations.jpg

The signing ceremony took place on the morning of February 28 at the Ministry of Finance headquarters. Photo: MOF

According to the Deputy Prime Minister, by 2025, the Government aims for growth of 8% or more. Economic growth must rely mainly on the strength of businesses.

The Deputy Prime Minister requested that the Ministry of Finance continue to pay special attention to and create conditions for state-owned enterprises to be the breakthrough foundation for development, to do difficult things, and to work effectively.

On the part of businesses, it is necessary to make efforts, strive, be creative, think new ways, and have new ways of doing things to operate more effectively.

Minister of Finance Nguyen Van Thang said that the 18 corporations and general companies that were transferred the rights and state ownership representation to the Ministry of Finance today are all "leading birds", with stable and effective production and business activities, making great contributions to the State budget, helping to ensure major balances for the economy and social security.

The Ministry of Finance will continue to perfect institutions and legal policies to regulate the operations of enterprises, including the 18 corporations and general companies mentioned above.

In particular, in the coming time, the management agency will focus on building the Law on Management and Investment of State Capital in Enterprises in the direction of increasing decentralization and delegation of power, creating conditions for enterprise development.

18 corporations and general companies transferred to the Ministry of Finance include: Vietnam Oil and Gas Group (PetroVietNam): Vietnam Electricity Group (EVN); Vietnam National Coal and Mineral Industries Group (TKV); Vietnam Chemical Group (Vinahem); Vietnam Posts and Telecommunications Group (VNPT); Vietnam Petroleum Group (Petrolimex); Vietnam Rubber Industry Group (VRG); State Capital Investment Corporation (SCIC); Vietnam Tobacco Corporation (Vinataba; Vietnam Airlines Corporation (VNA); Vietnam National Shipping Lines Corporation (VIMC); Vietnam Railway Corporation (VNR); Vietnam Expressway Corporation (VEC); Vietnam Airports Corporation (ACV); Northern Food Corporation (Vinafood 1); Southern Food Corporation (Vinafood 2); Vietnam Forestry Corporation (Vinafor); Vietnam Coffee Corporation (Vinacafe).

Vietnamnet.vnt

Source: https://vietnamnet.vn/chuyen-giao-18-ong-lon-ve-bo-tai-chinh-su-kien-chua-co-tien-le-2376055.html


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