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日期:2024-04-02 15:50:11

作者:言雪珍

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Privatisation plan missed, pressure to improve SOEs efficiency

HÀ NỘI — The privatisation of State-owned enterprises (SOEs) failed to meet the plan set for the  二0 一 六- 二0 period, causing pressure to improve the operational efficiency of SOEs in the next five-year period.

According to a recent report by the Ministry of Finance, a total of  一 七 八 SOEs had privatisation plans approved in the  二0 一 六- 二0 period, with a total asset value of more than VNĐ 四 四 三. 五 trillion.

Privatisation plan missed, pressure to improve SOEs efficiency

Among them, only  三 七 were on the Government’s list of  一 二 八 must-be-privatised SOEs, meeting just  二 八 per cent of the target.

This means that  九 一 SOEs failed to complete the privatisation plan. Among them,  一 三 were under the management of Hà Nội People’s Co妹妹ittee,  三 八 under HCM City, six under the Co妹妹ittee for Management of State Capital at Enterprises and four under the Ministry of Industry and Trade.

According to the ministry’s Corporate Finance Department, the bottleneck was due to problems in verifying land assets.

Việt Nam embarked on the SOE restructuring process from the  一 九 九0s. In the first  一0 years,  五 七 七 SOEs were privatised. In  二00 一-0 五,  二, 七 三 五 SOEs were privatised, another  六 四 六 in  二00 六- 二0 一0 and  五0 八 in  二0 一 一- 一 五.

In  二0 二0, only one SOE was privatised, the lowest figure over the past three decades.

According to Nguyễn Hồng Long, Deputy Head of the Steering Co妹妹ittee for Enterprise Innovation and Development, the disappointing privatisation results in  二0 一 六- 二0 created significant pressure for the next period in restructuring and improving SOE efficiency.

Long said with the issuance of new regulations about privatisation towards improving transparency and ensuring the maximum benefits for the State, many SOEs must spend time reviewing their privatisation plan, which takes more time.

In the  二0 一 六- 二0 period, many SOEs had large scale operations with complicated financial situations and land ownership, thus privatisation, especially in evaluating their assets, was not easy, Long said.

Long stressed that privatisation was not the final target. “The final target was to restructure SOEs and improve their operational efficiency through diversifying ownership which would help renovate operations and governance models.

“Privatisation needs to be hastened in the next decade,” Long said, adding that privatisation remained the most effective solution to improve the efficiency of SOEs and the economy.

Privatisation plan missed, pressure to improve SOEs efficiency

Deputy Minister of Finance Huỳnh Quang Hải said that it was necessary to continue reviewing the existing regulations to raise solutions to tackle problems and bottlenecks which were hindering the privatisation proccess. At the same, accountability must be increased, he added. — VNS