With 676 enterprises, holding assets worth more than 3.8 million billion VND (as of early 2023), State-owned enterprises (SOEs) are identified as having a key position and being an important material force of the State economy, contributing significantly to stabilizing the macro-economy and promoting socio-economic development.
Speaking at the opening ceremony of the spring meeting of typical SOEs on the morning of March 3, Prime Minister Pham Minh Chinh said that the conference aimed to discuss tasks related to the activities of SOEs in performing assigned tasks, contributing to the whole country's successful implementation of tasks and targets for 2024 and the goals and tasks according to the Resolution of the 13th National Party Congress.
"We only have 2 years left to achieve the goals of this entire term and 2024 is the year of accelerated development. The management theme identified by the Government is "Discipline, responsibility; proactive and timely; accelerated innovation; sustainable efficiency", the Prime Minister emphasized.
Prime Minister Pham Minh Chinh speaks at the conference (Photo: VGP).
According to the Prime Minister, 2023 is a difficult year for the world, including Vietnam, and for businesses in general and SOEs in particular due to the prolonged consequences of Covid-19, conflicts, fierce strategic competition, changes in monetary policies in many countries, high inflation, falling demand, broken supply chains, etc.
On the other hand, Vietnam is a developing country, with a low starting point, an economy in transition, modest in scale, limited in resilience and competitiveness, but highly open, and a small external impact can have a large impact internally.
In that context, under the leadership of the Party, regularly and directly led by the Politburo and the Secretariat, headed by General Secretary Nguyen Phu Trong, the participation of the entire political system, the efforts and participation of people and businesses, and the support and cooperation of international friends, we have achieved quite comprehensive results in all fields.
The macro economy is basically stable, inflation is under control, growth is promoted, major balances are ensured. Public debt, government debt, and foreign debt are under control. The size of the economy has increased to about 430 billion USD, GDP per capita is about 4,300 USD. National defense and security are maintained. The country's international reputation is enhanced.
The Government Standing Committee held a spring meeting with typical state-owned enterprises (Photo: VGP).
On behalf of the Government, the Prime Minister acknowledged, commended and thanked the efforts and achievements of state-owned enterprises, contributing to the overall achievements and results of the country. In recent times, state-owned enterprises have promoted their role in the face of difficulties and challenges, become more mature, have more experience; preserved and effectively used capital; ensured the lives of workers and participated in ensuring social security...
In addition to the achievements, the operations of SOEs still face difficulties, shortcomings and limitations. The Prime Minister said that the meeting between the Government Standing Committee and SOEs aims to express gratitude, share difficulties, overcome challenges, remove obstacles and promote a higher sense of responsibility among SOEs.
The Prime Minister asked delegates to focus on assessing the situation related to the development of state-owned enterprises, current advantages and difficulties; promoting the role of state-owned enterprises to contribute to the State economy playing a leading role;
Solutions to more effectively exploit the huge assets and capital resources available at SOEs, especially investment solutions; renew old growth drivers (investment, export, consumption) so that SOEs can take the lead, lead, orient, create motivation, inspire the business community in general and strongly promote new growth drivers (digital transformation, green transformation, circular economy, sharing economy, knowledge economy) to maximize the capacity of SOEs; contribute to implementing 3 strategic breakthroughs (institutions, infrastructure, human resources);
Restructuring state-owned enterprises in three major areas (management, human resources, apparatus; capital utilization; supply chain, input materials); healthy competition, promoting each other's development rather than eliminating each other; doing a better job of participating in social security work (such as the upcoming nationwide movement to eliminate temporary and dilapidated houses); promoting international cooperation, connecting with foreign-invested enterprises...
Further analyzing the restructuring of state-owned enterprises, the Prime Minister gave an example of actively discussing with relevant partners from Japan and Kuwait to reach an agreement on the restructuring contents of the Nghi Son oil refinery project, which invested more than 9 billion USD but still has large accumulated losses.
“The Party, the State and the people have trusted you to hand over a huge amount of capital and assets, so we must do everything we can to not disappoint that trust. What we have done well, we must do even better, what we have not done well, we must overcome difficulties and challenges, promote the spirit of daring to think, daring to do, daring to take responsibility, developing state-owned enterprises with new motivation and spirit, progressing together with the whole country, bringing the country to develop quickly and sustainably in a difficult context,” the Prime Minister stated .
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