Transfer of state capital ownership from the State Capital Management Committee at Enterprises to the Ministry of Finance - Vietnam National Shipping Lines - VIMC

Việt NamViệt Nam28/02/2025


On the morning of February 28, the Ministry of Finance coordinated with the State Capital Management Committee at Enterprises to organize a 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.

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Party Central Committee member, Deputy Prime Minister Ho Duc Phoc attended and directed the Conference.

At the ceremony, Deputy Prime Minister Ho Duc Phoc emphasized that today's transfer aims to implement the policy of streamlining the apparatus, strengthening the economy with the goal of fulfilling the mission of rising up and accelerating the building of a strong and prosperous country.

According to the Deputy Prime Minister, after merging with the Ministry of Planning and Investment, the State Capital Management Committee, and transferring 18 corporations and general companies, the scale and role of the Ministry of Finance is very large. The Ministry of Finance is like the "backbone", "core of the core" of the economy, managing all financial resources from public investment, resources from corporations, state-owned corporations, foreign loans, etc.

Therefore, the Deputy Prime Minister suggested that after the transfer, the Ministry of Finance should create conditions for corporations and general companies to promote strongly and effectively mobilize resources to promote economic development. To do so, it is necessary to focus on decentralization, delegation of authority, innovation, and new thinking for development. For enterprises, the Deputy Prime Minister emphasized the view that each enterprise must strive to have new thinking and new ways of doing things to be effective, especially "having the heart of a leader, considering state-owned enterprises as their own home and working for their own home".

Deputy Prime Minister Ho Duc Phoc said that this year's growth target is at least 8%, therefore, the responsibility of the Ministry of Finance as well as the corporations is very large, they must coordinate to promote development, be more creative, more determined to excellently complete the tasks, achieve the set goals, contribute intelligence and strength to the common development of the country.

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

Speaking at the ceremony, Chairman of the State Capital Management Committee at Enterprises Nguyen Hoang Anh said that the transfer of the right to represent the ownership of state capital from the Committee to the Ministry of Finance is a milestone that not only marks a new step in the management and development of 18 corporations and general companies, but also demonstrates the determination of the Party and the State in further enhancing the management efficiency and maximizing the potential of state-owned enterprises in the new context.

According to Chairman Nguyen Hoang Anh, the 18 economic groups and state-owned corporations transferred to the Ministry of Finance for management are leading enterprises, holding key positions in the national economy. At the same time, they are also enterprises with diverse fields of operation, complex nature, related to 16 economic and technical sectors. The transfer of the Committee's personnel to the Ministry of Finance to continue managing the 18 groups and corporations will be a favorable factor, ensuring continuity, consistency, as well as progress in handling the work of enterprises, without interrupting or affecting the operations of enterprises.

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Minister of Finance Nguyen Van Thang speaks

Minister of Finance Nguyen Van Thang affirmed that he will realize the directives in the leadership and direction process, creating conditions for corporations and general companies to make breakthroughs in the coming time.

18 economic groups and state-owned corporations transferred to the Ministry of Finance for management include Vietnam Oil and Gas Group (PETROVIETNAM); Vietnam Electricity Group (EVN); Vietnam National Coal and Mineral Industries Group (TKV); Vietnam Chemical Group (Vinachem); Vietnam Posts and Telecommunications Group (VNPT); Vietnam National Petroleum Group (Petrolimex); Vietnam Rubber 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).

News Newspaper/Vietnam News Agency



Source: https://vimc.co/transfer-of-state-capital-ownership-from-business-management-board-to-the-finance-bod/

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