Decision 360/QD-TTg 2022 Scheme on “Restructuring state-owned enterprises in 2021-2025”

DECISION

Approving the Scheme on “Restructuring state-owned enterprises, focusing on state-owned corporations and economic groups in the 2021-2025 period”

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PRIME MINISTER

Pursuant to the Law on Organization of the Government dated June 19, 2015, the Law on Amending and Supplementing a Number of Articles of the Law on Organization of the Government and the Law on Organization of Local Administration dated November 22, 2019;

Pursuant to the Resolution No. 134/2020/QH14 dated November 17, 2020 of the National Assembly on continuing to implement the National Assembly's resolutions on thematic supervision and questioning during the 14^th National Assembly and a number of resolutions in 13^th National Assembly;

At the request of the Minister of Finance.

HEREBY DECIDES:

Article 1. Approving the Scheme “Restructuring state-owned enterprises (SOEs), focusing on state-owned corporations and economic groups in the 2021-2025 period” with the following contents:

1. Perspectives and goals

a) To deeply implement the viewpoints, goals, tasks, solutions to arrange, innovate, develop and improve the efficiency of SOEs in accordance with the Resolutions of the Party, National Assembly, Government and directions of the Prime Minister; to uphold the unity in awareness, create high consensus throughout the political system to take drastic and specific actions in implementation.

b) To improve the operational efficiency and competitiveness of SOEs on the basis of modern technology, innovation capacity, administration in accordance with international standards, and play the leading role in the development of different enterprises from different economic sectors in order to effectively mobilize, allocate and use social resources; strictly manage, preserve and develop state capital and properties at enterprises.

c) To basically complete the rearrangement of the SOEs block, mainly focusing on key and essential fields and important areas in terms of national defense and national security; sectors in which enterprises of other economic sectors do not invest.

d) To restructure in a focused manner, focusing on weak and loss-making enterprises; to basically handle the slow progress of projects and works, inefficient investments, and prolonged losses of state-owned corporations and economic groups, SOEs. To conduct the equitization of SOEs and divestment of state capital in such enterprises ensuring the substantiveness, efficiency, feasibility, publicity, transparency and compliance with law regulations, without losing the brand and corporate identity; to fully evaluate and identify capital, land, and brand resources.