Dissolution of the State Capital Management Committee at Enterprises

This Resolution comes into effect from March 21, 2025.

The Government assigned the Ministry of Home Affairs to review and propose the abolition of Decree No. 131/2018/ND-CP dated September 29, 2018 of the Government stipulating the functions, tasks, powers and organizational structure of the State Capital Management Committee at enterprises in accordance with the provisions of law.

* On February 3, 2018, the Government issued Resolution No. 09/NQ-CP establishing the State Capital Management Committee at Enterprises and Decree No. 131/2018/ND-CP stipulating the functions, tasks, powers and organizational structure of the State Capital Management Committee at Enterprises.

The State Capital Management Committee at Enterprises performs the function of representing the owner of state capital, creating conditions for state administrative management agencies to improve the effectiveness of state management and the quality of state enterprise governance, contributing to perfecting the socialist-oriented market economic institution.

During its years of operation, the State Capital Management Committee at Enterprises has basically fulfilled its functions and tasks of representing the state capital owner at 19 corporations and general companies represented by the State Capital Management Committee at Enterprises. The business results at the enterprises managed by the State Capital Management Committee at Enterprises have grown well, the total value of state capital has been preserved and developed. However, during the operation of the State Capital Management Committee at Enterprises, there are still some limitations that make the State Capital Management Committee at Enterprises operate in an administrative manner, failing to achieve the goals and expectations when it was established. Accordingly, Resolution No. 18-NQ/TW of the Central Executive Committee on restructuring and streamlining the apparatus has proposed to terminate the operation and transfer the functions and tasks of the State Capital Management Committee at Enterprises to the Ministry of Finance, specialized ministries and relevant agencies.

Phuong Nhi