He emphasized the need to clarify shortcomings of the privatisation process and determine solutions to the issues.
The
Ministry of Agriculture and Rural Development, the Ministry of Planning
and Investment and the State Bank of Vietnam (SBV) issued guidelines
for Government Decree 118/2014/ND-CP on increasing efficient operations
of agricultural-forest companies and encouraging science-technology
application and transference.
The Deputy Prime Minister also
demanded the equitisation process and state capital divestment be
intensified to complete the set restructuring plan with 44 companies
privatised in the third quarter and an additional 127 businesses in the
fourth quarter.
In the third quarter of this year, the Ministry
of Finance is set to collaborate with ministries, the SBV, state-owned
groups and businesses to set up a divestment plan for enterprises
operating in real estate, securities, insurance and investment funds.
Some 143 SOEs were equitised in 2014, well below the set
target of 200. As many as 432 SOEs were subjected to restructuring
efforts in 2014 and 2015.
Vietnam divested approximately 5 trillion VND (over 238 million USD) of
State capital from SOEs, gaining nearly 7 trillion VND (333.33 million
USD) in total revenue, 45 percent of which came from the real estate
sector./.