Resolution No. 97/NQ-CP dated October 02, 2017 of the Government on promulgating the Government’s Program of Action to implement Resolution No. 12-NQ/TW of June 3, 2017, of the 5th plenum of the XIIth Central Committee of the Communist Party of Vietnam, on continued restructuring, renewal and raising of the efficiency of state-owned enterprises

RESOLUTION

Promulgating the Government’s Program of Action to implement Resolution No. 12-NQ/TW of June 3, 2017, of the 5^thplenum of the XII^thCentral Committee of the Communist Party of Vietnam, on continued restructuring, renewal and raising of the efficiency of state-owned enterprises[1]

Pursuant to the June 19, 2015 Law on Organization of the Government;

Pursuant to Resolution No. 12-NQ/TW of June 3, 2017, of the 5^thplenum of the XII^thCentral Committee of the Communist Party of Vietnam, on continued restructuring, renewal and raising of the efficiency of state-owned enterprises;

At the proposal of the Minister of Finance,

RESOLVES:

Article 1.To promulgate together with this Resolution the Government’s Program of Action to implement Resolution No. 12-NQ/TW of June 3, 2017, of the 5^thplenum of the XII^thCentral Committee of the Communist Party of Vietnam, on continued restructuring, renewal and raising of the efficiency of state-owned enterprises (below referred to as SOE).

Article 2.This Resolution takes effect on the date of its signing.

Article 3.Ministers, heads of ministerial-level agencies, heads of government-attached agencies, chairpersons of provincial-level People’s Committees and related organizations and individuals shall implement this Resolution.

On behalf of the Government
Prime Minister
NGUYEN XUAN PHUC

The Government’s Program of Action to implement Resolution No. 12-NQ/TW of June 3, 2017, of the 5^thplenum of the XII^thCentral Committee of the Communist Party of Vietnam, on continued restructuring, renewal and raising of the efficiency of SOEs

(Promulgated together with the Government’s Resolution No. 97/NQ-CP
of October 2, 2017)

I. OBJECTIVES AND REQUIREMENTS

1. Objectives

a/ General objectives:

To restructure and renew SOEs and raise their efficiency on the basis of modern technologies and innovative and creative capacities and governance up to international standards in order to mobilize, allocate and use in an efficient manner social resources, and preserve and increase state capital in SOEs for them to firmly maintain the key position in, and serve as an important material force of, the state economy, contributing to boosting the economic development and realizing social advancement and equity.

b/ Specific objectives:

Objectives through 2020:

- To complete the restructuring and renewal of SOEs during 2017-20 based on the criteria for classification of SOEs and state-invested enterprises in the fields and sectors prescribed in the Prime Minister’s Decision No. 58/2016/QD-TTg of December 28, 2016, in which 137 SOEs are subject to equitization; to complete the divestment of state capital from SOEs on the list approved by the Prime Minister in Decision No. 1232/QD-TTg of August 17, 2017, and enterprises in which the State does not need to hold or contribute capital under the Prime Minister’s specific regulations.

- To focus on completely dealing with chronically inefficient and loss-making state economic groups and corporations as well investment projects and works of SOEs, particularly 12 inefficient and loss-making projects of the industry and trade sector.

- To strive to meet international standards on corporate governance; to make an important stride in raising the efficiency of production and trading, product quality and competitiveness of SOEs.

- To improve the model of management and supervision of SOEs and their state capital and assets. By 2018, to establish a specialized body representing the owner of SOEs and the State’s shares and capital contributions at enterprises.

Objectives through 2030:

- Almost all SOEs will have a mixed ownership structure and mainly operate as joint-stock companies.

- To have technological levels and modern production techniques equal to those of the regional countries and up to the international standards on corporate governance; to form a pool of professional managers with high qualifications and good moral qualities.

- To strengthen and develop a number of large-sized and efficiently operating state economic groups able to compete in the region and the world in some key economic sectors and fields.

2. Requirements

To fully concretize the major guidelines and solutions on continued restructuring, renewal and raising of the efficiency of state-owned enterprises up to 2020 and 2030; to fulfill tasks and solutions in a synchronous and consistent manner.

To clearly determine the tasks of sectors and levels; to uphold the responsibility of leaders of enterprises, ministries, central agencies and localities for fulfilling objectives and tasks.

II. MAJOR TASKS AND SOLUTIONS

1. To speed up restructuring of SOEs

a/ To study and issue regulations on equitization of SOEs and wholly state-owned enterprises (replacing the Government’s Decree No. 59/2011/ND-CP) in the direction of improving the institution on valuation of land, tangible property and intangible property in the process of equitization under the market mechanism. To clearly define the responsibility of independent valuation consultancy organizations in the valuation of SOEs’ assets and capital and values of these enterprises themselves. To clearly define the responsibility of the State Audit Office for auditing the valuation of SOEs as well as state capital and assets.  To complete the criteria for major and strategic shareholders that have financial, technological and governance capabilities to restructure and develop enterprises. To increase the effectiveness of existing institutions to support the restructuring and equitization of SOEs and divestment of state capital from these enterprises.

To issue a decree amending and supplementing Decree No. 91/2015/ND-CP of October 13, 2015, on investment of state capital in enterprises and management and use of capital and assets by SOEs, in which provisions on divestment must be adjusted toward providing divestment methods suitable to the market and operation reality of enterprises, such as: auction of the whole state capital portions; to add provisions on determination of reserve prices for sale of state capital portions by the order-matching method on the stock exchanges.

b/ In the course of equitization and divestment of state capital:

- To determinedly equitize and divest state capital from enterprises on the list of SOEs subject to reorganization during 2017-2020; the list of SOEs subject to equitization in every year during 2017-2020; the list of state-invested enterprises subject to divestment during 2017-2020 according to the approved progress and schedule.

- To usually review and update the list of SOEs subject to reorganization during 2017-2020 and the list of state-invested enterprises subject to divestment during 2017-2020 on the principles: Focusing on key and essential sectors, national defense and security, important geographical areas, and fields which are not interested in by enterprises from other economic sectors; to reduce the state ownership rate to the level inductive to a substantial change in the business governance and attraction of capable investors; and maximize proceeds from the sale of state capital under the market mechanism.

- For enterprises unable to be equitized, other methods of sale, contract out, lease, dissolution or bankruptcy under the regulations applicable to SOEs falling into the state of bankruptcy without any feasible recovery plans may be considered for application.

- When equitizing enterprises assigned to manage and operate state-invested infrastructure facilities and projects important to the economy, society, national defense or security, the State will exercise control on the principles: The State uniformly owns important infrastructure facilities, while the equitized enterprises and investors that are transferred the operation right will only manage and operate such facilities; the selection of investors and enterprises must comply with the Bidding Law and be carried out in a public and transparent manner; the national defense and security, national sovereignty and territorial integrity must be guaranteed.

- To comply with law, respect the market mechanism and implement the roadmap for equitization and state capital divestment already approved by competent state agencies. To ensure the publicity and transparency in restructuring of SOEs, especially in the equitization and state capital divestment. To apply property valuation methods suitable to the market mechanism and compliant with the law on price, ensuring state capital and assets and enterprises be fully, rationally, publicly and transparently valued.

- Based on the value of state capital and assets and value of SOEs approved by competent authorities, to sell shares and divest state capital in a public and transparent manner, mainly via public auctions or competitive offerings on the market. To encourage and attract strategic investors to participate in purchasing shares of, and contributing capital to, enterprises equitized or having state capital divested.

- To complete legal dossiers of assets prior to the reorganization or equitization of SOEs or divestment of state capital from these enterprises. To prohibit and strictly handle cases of under-valuation of state capital and assets and enterprises in contravention of law for self-seeking purposes, causing loss of state capital and assets.

- To complete land use plans and send them to competent authorities for approval before evaluating enterprises for equitization. To strictly implement the land lease mechanism in the equitization of SOEs and SOEs’ operations in accordance with law. To effectively apply the land tax and levy policies while ensuring the stable effectiveness of the land planning work. To enhance the management and strict control of performance by investors of their financial obligations toward the State when changing their land use purposes after equitization.

c/ To continue reducing the state ownership rate in equitized SOEs and step up the association between equitization and listing and registration for trading on the securities market. Equitized enterprises must be listed within one year after their initial public offering of stocks. Those that fail to satisfy the stock listing conditions as prescribed by law are required to register their transactions on the unlisted public company market (UPCoM). To strictly handle enterprises that intentionally fail to list or register their securities trading on the securities market under regulations.

d/ To manage in a centralized manner proceeds from the equitization and state capital divestment and use them only for the purpose of development investment, not for current expenditures; to ensure a total amount of VND 250,000 billion be used for allocation of medium-term investment capital from the state budget during 2016-2020, including VND 60,000 billion for 2017.

dd/ To reorganize, renovate, develop and raise the operational efficiency of, agricultural and forestry companies under the XI^thPolitical Bureau’s Resolution No. 30-NQ/TW of March 12, 2014, toward properly organizing the equitization and dissolution of agricultural and forestry companies, ensuring the proper management of land and forests and benefits of those who are contracted with land, water surface, perennial orchards and forests.

e/ State economic groups, corporations and enterprises shall formulate their restructuring plans and submit them to competent authorities for approval, and implement such plans under the Prime Minister’s Decision No. 707/QD-TTg of May 25, 2017,
in which:

- Enterprises playing the role of supporting the restructuring and equalization of SOEs and divestment of state capital from these enterprises, such as: the State Capital Investment Corporation (SCIC), Vietnam Asset Management Company (VAMC), and Debt and Asset Trading Corporation (DATC) shall formulate their restructuring plans in 2017 and submit them to competent authorities for approval.

- To implement in a synchronous manner solutions and adopt appropriate mechanisms and policies to make the financial status of SOEs healthy and thoroughly address their financial problems, non-performing loans and unprofitable assets.

- To speed up the divestment of capital from non-core business lines and focus on core business fields, putting an end to thinned-out and scattered investment. To restructure SOEs based on their assigned tasks, core business lines, making the fullest use of their potential and advantages; to thoroughly cut costs and improve the quality of their goods, services, reputation and brand names in the market.

- To increase investment in and raise the capacity of SOEs to innovate, research, apply and transfer modern, energy-efficient and environment-friendly production technologies and techniques, considering it a decisive factor for higher productivity, quality, efficiency and competitiveness of SOEs.

- To properly arrange and use cadres; to train or transfer to other working positions their employees and deal with redundant employees. To ensure the lawful interests of employees, particularly redundant employees, stabilizing their livelihood and ensuring social security for them. To bring into full play the role and responsibility of employees being shareholders in participating in the management and supervision of SOEs, while adopting appropriate mechanisms to protect interests of minority shareholders.

g/ To resolutely deal with loss-making and inefficient SOEs and investment projects under the market mechanism, restructuring and transferring them to investors of other economic sectors. To clarify the responsibility, and strictly handle under law violations of organizations and individuals leading to losses of SOEs and investment projects.

h/ To continue reviewing and assessing the implementation of the regulations on equitization of SOEs and divestment of state capital from enterprises so as to report to and propose competent authorities to revise the general mechanisms and policies or formulate special mechanisms and policies to suit the practical state of enterprises.

i/ Based on the Party’s guidelines, the State’s policies and laws and socio-economic development objectives and tasks in each period, to annually review the reorganization and transformation of SOEs in the direction that SOEs only concentrate on the key stages of following fields: security, national defense; natural monopoly; provision of essential public goods and services; and a number of core, hi-tech and pervasive industries. Remaining SOEs will have a mixed ownership structure, mainly joint-stock companies.

k/ To comprehensively review and assess the practical state of SOEs and categorize them and their investment projects and state capital and assets in order to work out appropriate restructuring and handling solutions. To restructure enterprises in which the State needs to hold 100 percent capital or dominant shares or capital contributions with appropriate mechanisms and policies.

2. To continue renew mechanisms and policies for SOEs to truly operate under the market mechanism

a/ To study and adopt the mechanism applicable to SOEs participating in the performance of socio-political tasks as assigned by the State under the mechanism in which the State places orders, selects SOEs in a competitive and public manner and clearly determines costs and funds for the performance, and responsibilities and benefits of the State and SOEs without affecting the business efficiency of SOEs (Decree replacing Decree No. 130/2013/ND-CP of October 16, 2013).

b/ To revise existing decrees and promulgate new ones on economic and financial relations between the State and SOEs in order to ensure their rights and obligations be exercised and performed in a full and transparent manner under law and the market mechanism.

c/ To promulgate decrees on SOEs’ operation toward abolishing direct administrative intervention and subsidy mechanisms applicable to SOEs and discriminatory treatment of enterprises of other economic groups, especially in accessing state resources, loans, land, natural resources, investment and trading opportunities, finance and taxes, etc.

d/ To study and adopt mechanisms to bring into play the pioneering and leading role of SOEs in establishing and expanding production, supply and value chains in the country, region and world. To inhibit closed, sectional and non-transparent production and business activities of SOEs, particularly state economic groups and corporations. To seriously implement the Bidding Law and limit the appointment of contractors only to defense and national security projects or some special ones.

dd/ To improve the mechanism for management and supervision and the exercise of the right of the owner of state capital and representatives of the state capital owner at enterprises, clearly distinguishing the function of state management from the function of representatives of the state capital owner at enterprises; to strictly implement the transfer of the right of representatives of the state capital owner at enterprises equitized but still having state capital to SCIC under regulations.

3. To renew and improve the operation effectiveness of the governance system and increase the capacity and quality of SOE managers

a/ To develop and apply a business governance framework up to the international standards to state economic groups and corporations and SOEs in order to increase the publicity and transparency, improve the autonomy and accountability in their production and business and increase the efficiency of capital use, competitiveness and sustainable development. To consolidate the governance apparatus, intensify training and retraining to improve professional qualifications of SOEs’ managers to meet the governance requirements under the market mechanism. To arrange leaders, managers and state capital representatives who have moral qualities and professional qualifications;

b/ To issue regulations to clearly define the tasks, powers and responsibilities of managerial titles in the governance apparatus of SOEs; to ensure their responsibilities be in tandem with their powers. To raise the criteria, conditions and responsibilities of independent members of members councils.

To study and issue regulations on control boards and controllers which define them as effective supervisory tools of owners, enabling them to operate independently and not to be subject to leadership, direction or control in terms of interests by members’ councils or executive boards of enterprises.

To quickly formulate a mechanism for appointment or hiring by members’ councils of general directors and members of executive boards to perform tasks and exercise powers in accordance with law and labor contracts.

c/ To complete the system of incentives and economic levers coupled with increasing the sense of responsibility, discipline and observance of law of SOEs. To implement wage, bonus and remuneration policies for SOE employers and managers in conformity with the market mechanism, which are highly competitive based on production and business results. To study and apply the mechanism of payment of salaries and bonuses to general directors and other key managers of enterprises under agreements with them. To apply the performance-based assessment system to every working position in order to determine the level of accomplishment, productivity, quality and efficiency of performed jobs and serve as a basis for salary or wage payment, training, retraining, arrangement and promotion.

d/ To promulgate specific regulations on exclusion of SOE managers from the system of civil servants and public employees. To implement the mechanism of personnel recruitment and appointment based on competitive, public and transparent examinations for all managerial and executive titles and other working positions in enterprises. To finalize and apply a mechanism of accountability, especially that of leaders and managers involved in the restructuring, reorganization and equitization of enterprises and a mechanism of relief from duty, removal from office and temporary suspension from post of leaders that let any corruption practice occur in their agencies, units and enterprises;

dd/ To reorganize, streamline and raise the effectiveness of the organizational apparatus and state payrolls of SOEs; to reasonably restructure and arrange SOE leaders and managers; to intensify training courses to improve professional qualifications, leading capacity, political ideology, ethical quality and lifestyle of SOE leaders and managers; to adopt mechanisms and policies to attract and effectively employ highly skilled workers. To formulate a strategy for development of SOE leaders. To review and raise the standards and conditions on ethical quality, leading and managing capacity and professional qualifications of SOE managers.

e/ To ensure the transparency and publicity of SOEs and accountability of their managers, especially in the areas of finance, investment, procurement, use of state capital, business costs and results, profit distribution, personnel, major transactions, transactions involving persons affiliated to managers, property and income of managers in conformity with the relevant international standards and domestic regulations. To improve the accounting and auditing regulations and the financial reporting system up to international standards before 2020;

g/ To consolidate and develop a number of large-sized and efficiently operating multi-owner state economic groups, which are capable of competing in the region and world in some key economic sectors and fields on the basis of improving the state economic group model in line with international practices up to 2025-2030; to clearly identify their operation scale and scope in compatibility with their governance capacity; to restructure their organizational apparatus and personnel to be neat, effective and efficient; to perform clear assignment of duties and decentralization of powers;

h/ To study indicators for evaluation, compel SOEs to establish effective internal governance and control systems to prevent, detect, stop and handle illegal acts and conflicts of interest; and to prevent the connivance between SOE leaders and managers and state officials and private businesses to form “interest groups” and “backyards” and abuse their positions and powers to manipulate operations of SOEs for self-seeking purposes and corruption, causing losses to the State and enterprises.

4. To increase the efficiency and effectiveness of the state management of SOEs and state-invested enterprises:

a/ Increasing the efficiency and effectiveness of the state management of SOEs and state-invested enterprises:

- To review and improve the legal system (focusing on the 2014 Law on Enterprises, the 2014 Investment Law, the Law on Management and Use of State Capital Invested in Production and Business at Enterprises, the Law on Bankruptcy, and the Labor Code, etc.), mechanisms and policies on SOEs and state-invested enterprises, particularly the mechanisms and policies on state economic groups, management of state capital and assets at enterprises, and the restructuring, renewal and increase of the efficiency of SOEs in line with the Party’s policies and guidelines, the practical conditions and experiences learned over the past time.

- To review the existing government decrees and finalize new ones to increase the capacity, effectiveness and efficiency of the inspection, examination, audit and supervision by state management agencies of SOEs and representatives managing the state capital in state-invested enterprises; to prevent, detect and strictly handle law violations, negative practices, and acts of corruption and wastefulness in SOEs. To clearly define the responsibility of inspection and audit agencies for results of inspection and audit of SOEs. To improve the supervision system and indicators for evaluation of the operation safety and efficiency and ranking of SOEs and representatives of the owner of the State’s shares and capital contributions. To strictly manage and supervise the raising and use of capital by SOEs, particularly foreign loans, domestic and overseas investment projects, capital sources for acquisition and merger of enterprises; to minimize governmental guarantees for SOEs; to establish and develop a unified and complete national database on SOEs and state capital and assets at enterprises.

- To enhance the direction, inspection and supervision of implementation of approved equitization and state capital divestment plans. To raise the sense of responsibility of ministries, sectors, localities, organizations and individuals representing the state capital owner, especially leaders, for implementing the Party’s guidelines, the State’s policies and laws, approved plans on restructuring and renewal of SOEs, particularly those on equitization and state capital divestment from enterprises, ensuring publicity and transparency.

b/ Improving the organization to perform the function of the State as the owner of SOEs and state shares and capital contributions in enterprises:

- To guarantee that the mechanisms and policies on SOEs and implementation thereof always meet the requirements that the State fully performs the responsibilities of the owner of SOEs and state shares and capital contributions in enterprises; truly plays the role of investor/owner that has same rights, obligations and responsibilities as other investors in enterprises. To ensure the right to autonomy of SOEs under the market rules. To respect the independence of members’ councils, board of directors, chairpersons of members’ councils and board of directors, general directors and executive boards of SOEs in exercising their rights and discharging their responsibilities to ensure transparent, accountable, professional and highly effective operation and governance.

- To expeditiously establish the State’s specialized body to represent the SOE owner to fully perform the following tasks and requirements:

+ Exercising the rights and discharging the responsibilities of the representative of the state owner of SOEs and state shares and capital contributions in enterprises;

+ Approving and supervising the SOEs’ implementation of production and business strategies and plans in line with socio-economic development plans and sectorial development master plans;

+ Coordinating with related agencies in properly implementing the law on organization and personnel work in enterprises.

5. To intensify the inspection and supervision of SOEs’ production and business operations in terms of organization, establishment, accession, reorganization, dissolution, ownership transformation, implementation of charters, financial status, and production and business efficiency; personnel work: appointment, reappointment, relief from duty, salary and allowance regime, performance of tasks, and operation results of members’ councils, boards of directors, chairpersons, representatives authorized by the state owner in enterprises, general directors, directors; achievement of objectives and implementation of guidelines, business strategies, investment plans, financial plans, investment portfolios, core business lines and prohibition of investment in non-core business lines and high-risk fields, sectors, localities and projects; business situation, results and efficiency, results of financial operations, return-on-equity ratio, investment and business efficiency, loans and debt coverage, state capital preservation and development, charter capital and its increase and decrease, change in charter capital structure, and investment projects within the competence of project owners.

6. To renew the leading method and enhance leadership effectiveness of party organizations; to bring into full play the role of the people, the Vietnam Fatherland Front and socio-political and socio-professional organizations in SOEs

a/ To renew organizational models and leading methods of party organizations in SOEs. The Party shall lead through party organizations and party members in SOEs. To enhance the efficiency and comprehensive leadership role of party organizations in SOEs toward the implementation of the Party’s guidelines and the State’s policies and laws, the development and performance of production and business tasks, the use, conservation and development of state capital, and political and ideological work, personnel work, and inspection and supervision work; to strive to prevent and combat corruption and wastefulness; to direct socio-political organizations in SOEs in promoting grassroots democracy. To clearly define the responsibility of executive committees and heads of party organizations in SOEs for losses caused in operation or violations of the Party’s guidelines and the State’s policies and laws;

b/ To strictly implement the Secretariat’s Regulation No. 69-QD/TW of February 13, 2017, defining the functions, tasks, powers and organizational structures of party committees at the above-grassroots level in SOEs and state-invested enterprises;

c/ To ensure the consistency and uniformity between the Party’s regulations and the State’s legal documents on organization and personnel work on the principle that the Party directs the implementation of political tasks and performs unified management of personnel in SOEs, especially in state economic groups and corporations;

d/ To direct, grasp thoroughly, widely propagate and improve the awareness of the political system and social consensus about restructuring, renewal and raising of efficiency of SOEs. To facilitate the people’s full access to information and participation in the supervision of SOEs’ activities;

dd/ To bring into full play the role of the people, the Vietnam Fatherland Front in supervision and social criticism of SOEs’ activities and state management of SOEs, especially in the implementation of the Party’s guidelines and the State’s policies and laws on restructuring, renewal and raising of efficiency of SOEs;

e/ To renew and improve the organizational models and raise the efficiency of socio-political and socio-professional organizations in SOEs. To bring into full play the role of socio-political and socio-professional organizations in the implementation of the Party’s guidelines and the State’s policies and laws on SOEs; to protect legitimate rights and interests of employees of SOEs.

III. ORGANIZATION OF IMPLEMENTATION

1. Ministers, heads of ministerial-level agencies, heads of government-attached agencies and chairpersons of provincial-level People’s Committees shall, within the ambit of their functions and tasks, direct the formulation of, and issue specific programs of action of their own ministries, sectors or localities up to 2020 and 2030, which will be concretized into tasks in annual plans under the Government’s Program of Action to implement Resolution No. 12-NQ/TW of June 3, 2017, of the 5^thplenum of the XII^thCentral Committee of the Communist Party of Vietnam, and Appendices on schemes and tasks to implement Resolution No. 12-NQ/TW promulgated together with the Government’s Program of Action; concurrently direct and straightly fulfill solutions and tasks according to the functions and competence and in conformity with the practical conditions of each sector, field or locality.

2. Annually, ministers, heads of ministerial-level agencies, heads of government-attached agencies and chairpersons of provincial-level People’s Committees shall direct, examine, urge and realize the implementation of programs of action of the Government and each ministry, agency and locality; annually report implementation results to the Ministry of Planning and Investment before December 10 for summing up and reporting to the Government and competent authorities; and at the same time send them to the Steering Committee for Enterprise Innovation and Development of the Ministry of Finance for monitoring.

3. The Ministry of Planning and Investment shall assume the prime responsibility for, and coordinate with ministries, agencies and localities in, implementing this Program of Action; annually review the implementation progress, report to and propose the Government and Prime Minister to adopt necessary solutions to ensure the synchronous and effective implementation of the Program of Action; strictly follow relevant contents of working agendas of the Political Bureau, Secretariat, Communist Party of Vietnam Central Committee and National Assembly Standing Committee in order to make reports under regulations.

4. The Ministry of Information and Communications shall assume the prime responsibility for, and coordinate with the Central Committee for Propaganda and Education, the Central Committee of the Vietnam Fatherland Front and ministries, agencies and localities in, carrying out information and communications activities to improve knowledge, create social consensus and honor the sense of responsibility of leaders and efforts of sectors, administration levels, enterprise community and the people for achieving the objective of continued restructuring, renewal and raising of efficiency of SOEs.

5. In the course of implementation of this Resolution, if finding it necessary to amend and supplement specific contents of this Program of Action, ministries, sectors and localities shall actively propose and send their recommendations to the Ministry of Planning and Investment for summarization and report them to the Government for consideration and decision.-

On behalf of the Government
Prime Minister
NGUYEN XUAN PHUC