Prime Minister Pham Minh Chinh chairs 'Dien Hong Conference' with state-owned enterprises

Prime Minister Pham Minh Chinh chaired the meeting. Photo: Duong Giang/VNA

Attending the conference were Deputy Prime Minister Ho Duc Phoc; leaders of ministries, branches, central agencies; leaders of provinces and centrally run cities; representatives of associations, especially 68 state-owned enterprises representing sectors and fields of the economy.

In his opening speech, Prime Minister Pham Minh Chinh emphasized that the Government and the Prime Minister regularly have meetings with the business community. However, in the face of new difficulties, challenges and fluctuations, the Government continues to work with businesses to assess the situation, discuss solutions, overcome together, continue to develop rapidly and sustainably, in which state-owned enterprises play a leading role.

According to the Prime Minister, Vietnam is a developing country with a transitional economy, modest in scale, large in openness, and limited in resilience to external shocks. Therefore, in the face of difficulties and challenges, we must remain calm, not panic or fear, but also not be subjective or negligent; promote self-reliance and self-reliance, the more difficult it is, the more we strive to overcome it.

Prime Minister Pham Minh Chinh said that since the beginning of his term, every year we have encountered difficulties and challenges, from the COVID-19 pandemic to conflicts causing disruptions in supply and production chains; impacts from adjustments in monetary policies of countries; difficulties in the stock market, real estate, and corporate bonds; storms, floods, and landslides causing particularly serious consequences...

However, the above difficulties and challenges cannot be as difficult as when Vietnam waged resistance wars to regain national independence, during the period of embargo and siege, and carried out the renovation process from "empty hands"... Thanks to unity, consensus, self-reliance, self-reliance, and overcoming itself, Vietnam has been confident, strongly and resolutely innovated, overcoming all difficulties and challenges, including the role of state-owned enterprises.

The Prime Minister said that our country is currently vigorously implementing the "strategic quartet" including: breakthroughs in science, technology, innovation and national digital transformation; streamlining the political system and local administrative units; developing the private economic sector; international integration in the new situation. Along with that, implementing 3 strategic breakthroughs in building and perfecting institutions; developing strategic infrastructure; training high-quality human resources.

Considering that the world seems to be in a “trade war”, the Prime Minister pointed out that Vietnam does not have just one market but many markets; does not have just one growth driver which is export but many growth drivers. Therefore, it is necessary to diversify products, diversify production chains, diversify supply chains…

Emphasizing that the Prime Minister's conference with state-owned enterprises today is considered as the "Dien Hong Conference" in the face of difficulties and challenges in global trade; with the spirit that everyone must have high determination, great efforts, drastic actions, complete each task, have a focus and key points to "make a storm out of a few", Prime Minister Pham Minh Chinh asked delegates to focus on assessing and analyzing the situation; at the same time, propose solutions, with breakthroughs, assigning "clear people, clear work, clear time, clear responsibility, clear authority, clear products" to overcome difficulties and challenges together.

Prime Minister Pham Minh Chinh chaired the meeting. Photo: Duong Giang/VNA

Noting that “The Party has directed, the Government has agreed, the National Assembly has agreed, the people support, then we only discuss action, not retreat”, Prime Minister Pham Minh Chinh requested drastic and synchronous implementation of solutions to promote growth to 8% or more in conjunction with stabilizing the macro economy, controlling inflation, ensuring major balances of the economy, ensuring social security, improving the material and spiritual life of the people...

* According to the Ministry of Finance, in 2024, the country will have 671 state-owned enterprises, including 473 enterprises in which the State holds 100% of the charter capital and 198 enterprises in which the State holds more than 50% of the charter capital. In 2024, the total assets of state-owned enterprises will reach more than 5.6 million billion VND, equity will reach nearly 3 million billion VND, total revenue will reach nearly 3.3 million billion VND, and pre-tax profit will reach more than 227 thousand billion VND.

By the end of 2024, state-owned enterprises have focused on implementing investment projects to improve their capacity and scale of production and business. All basic projects have been urgently implemented by state-owned enterprises to ensure progress, efficiency and savings according to the approved plan. State-owned enterprise projects focus on important and key sectors and fields of the economy, contributing to the implementation of the socio-economic development goals of the whole country.

VNA continues to update information about the conference.

According to VNA

Source: https://baoapbac.vn/kinh-te/202504/thu-tuong-pham-minh-chinh-chu-tri-hoi-nghi-dien-hong-voi-doanh-nghiep-nha-nuoc-1039777/