Prime Minister directs state-owned enterprises to take the lead in accelerating and breaking through growth
Prime Minister Pham Minh Chinh has just signed and issued Directive No.09/CT-TTg on the tasks and solutions of state-owned enterprises (SOEs) to contribute to double-digit economic growth and rapid and sustainable national development.
The Directive clearly states that to continue to promote the leading role, improve production and business efficiency, promote investment and development of SOEs, contribute to the successful implementation of socio-economic development goals and tasks in 2025, especially contributing to promoting double-digit economic growth, developing the country quickly and sustainably in the following years, the Prime Minister requests the Chairmen of the Board of Members, General Directors of Groups, General Corporations, SOEs, Ministers, Heads of agencies, Chairmen of People's Committees of provinces and centrally run cities to focus on directing the drastic, synchronous and effective implementation of the following key tasks and solutions:
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Groups, General Corporations, and SOEs shall focus on thoroughly grasping and strictly implementing the following requirements: In the context of the rapidly evolving, complicated and unpredictable situation in the region, the world and the country, SOEs are required to change, respond faster, more promptly, adapt flexibly and effectively. More effectively, meeting the requirements outlined in the new situation.
The SOE sector continues to consolidate and promote its dominant and leading role in essential sectors and fields of the economy, contributing to the construction and development of the socio-economic infrastructure system and economic restructuring.
It is an important tool to stabilise the macro-economy, cope with market fluctuations, control inflation, carry out national defence and security tasks and implement social security policies.
State-owned corporations and groups continue to maintain their core positions and roles, promote their dominant and leading roles in important economic sectors and fields, meet consumer demand and provide essential goods for the people, serve the cause of economic development of the country and ensure security and national defence, especially ensuring energy security.
This ensures a large balance and supply of important products and services for the economy, such as electricity, coal, petroleum, basic chemicals, etc.
State-owned corporations and groups should maintain their core positions and roles, promoting their leading and leading roles in important economic sectors and fields.
It is necessary to recognise and clearly define the tasks and missions of SOEs to promote the country's economy to develop faster and stronger but must be sustainable, contributing to the implementation of two 100-year strategic goals (striving to celebrate the 100th anniversary of the founding of the Party by 2030 to become a developing country with modern industry; high average income and by 2045 to celebrate the 100th anniversary of the founding of the country as a developed country with high income); therefore, SOEs must continue to promote their pioneering and leading role in the economy, being the leading vanguard force.
Corporations, general corporations and state-owned enterprises are required to promote patriotism and aspiration, contributing to the country's rapid and sustainable development; must look far and wide, think deeply, do big things with a practical approach, and respond flexibly, appropriately and effectively to the rapidly evolving real situation.
In 2025, in the context of the whole country accelerating and breaking through to reach the finish line, enterprises must accelerate, breakthrough and reach the finish line earlier than other entities.
Ministries, branches, agencies, People’s Committees of provinces and centrally-run cities and representative agencies of owners are requested to grasp the point: The view that the State plays a role in creating, listening, receiving, and promptly synthesising difficulties and problems in practice as reflected by people and businesses; ministries and branches, based on their assigned functions, tasks, and powers, urgently handle or propose to competent authorities to resolve and remove difficulties, especially in terms of mechanisms and policies.
Attention must be paid to designing, building and implementing macro policies, maintaining political stability, social order and safety, and promoting the development of state-owned enterprises and other economic sectors.
At the same time, ensuring macroeconomic stability, controls inflation, promotes growth and ensures major balances of the economy towards rapid and sustainable development.
It is necessary to focus on designing and using policy tools to maximise social resources, using public investment to lead private investment, mobilising all social resources for development, promoting public-private partnership; researching, amending and perfecting regulations on investment under the public-private partnership model; research and propose mechanisms and policies that are “leverages and fulcrums” to maximise business resources, promote SOEs in particular and the business sector, in general, to develop and make breakthroughs; resolutely and effectively implement the policy of streamlining and rearranging the organisational apparatus of agencies and organisations in the political system, ensuring quality and progress according to requirements.
Deputy Prime Minister Ho Duc Phoc has been designed to direct; Deputy Prime Ministers in their assigned fields shall focus on directing ministries, branches, localities, and representative agencies of owners to promptly organise the implementation of the tasks assigned in this Directive, promptly handle arising issues within their authority; promptly report to competent authorities in cases exceeding their authority.
The Government Office, according to its assigned functions and tasks, shall monitor and urge ministries, agencies, localities, corporations, general corporations, and state-owned enterprises to perform their tasks as prescribed in this Directive.
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