SOEs performance sets to be publicized
VGP – The performance of State-owned enterprises will be tightly supervised and made public, said Minister of Finance Vương Đình Huệ.
Minister of Finance Vương Đình Huệ |
Directors who run SOEs unprofitably in two consecutive years will have their responsibilities examined, Minister Huệ further added.
In case that a SOE shows signs of financial unsafety, the State will impose special supervision regime over it.
Holding 70% of the country’s fixed assets, 20% of social investment, 50% of State-fundec capital, 60% of banking loans and 70% of the ODA, SOEs need to set good examples for other economic sectors, the Minister said.
By Hải Minh