VIR and CMSC to co-host forum on state capital management

September 25, 2023 | 17:29
(0) user say
VIR will co-organise a seminar titled 'Looking Back and Moving Forward' with the Commission for the Management of State Capital at Enterprises (CMSC) on September 26.
VIR and CMSC to co-host forum on state capital management

Since its founding in 2018, the CMSC has asserted the principles of the Party and state, spearheading initiatives for transparent and efficient management of state capital to fulfil the nation's economic and social developmental objectives. This period has seen the institution achieve significant milestones and make impactful contributions to the transformation of state-owned enterprises, setting the stage for a reinvigorated economic landscape.

The event promises to be a confluence of ideas, providing a distinctive platform for experts, industry insiders, and corporate leaders to reflect on the CMSC's endeavours over the past five years, and consolidate the significance of the state’s role in the economic sector. The discourse is anticipated to yield innovative ideas and robust solutions to stimulate the pivotal state capital segment of the economy.

The discussions within the seminar are expected to traverse a range of topics surrounding state capital management. These will include insight into the strategies of the CMSC and the ambitious proposals aimed at energising the private sector.

The seminar will be held on September 26, from 08:30 to 11:30, at VIR headquarters, 47 Quan Thanh, Ba Dinh, Hanoi to mark the fifth anniversary of the CMSC.

Speakers at the seminar include:

Pham Van Son, head of the General Department of the Commission for the Management of State Capital at Enterprises

Nguyen Duc Trung, deputy director of the Enterprise Development Agency of the Ministry of Planning and Investment

Nguyen Huu Tu, deputy director-general of Vinachem

Vo Tri Thanh, economic expert

Additionally, the seminar will see participation from representatives from the Ministry of Finance, and leaders of various state corporations such as Vietnam Oil and Gas Group, Vietnam National Petroleum Group, MobiFone, State Capital Investment Corporation, and Vietnam Maritime Corporation.

How to get ahead with SOE equitisation in Vietnam How to get ahead with SOE equitisation in Vietnam

In recent years, the Vietnamese government has made great efforts to promote state-owned enterprise (SOE) equitisation as the obvious solution for the development of the economy, but the process has not been completed as scheduled. Nevertheless, the circumstances create opportunities on both legal and practical aspects.

Government to divest 141 state-owned enterprises by 2025 Government to divest 141 state-owned enterprises by 2025

The government plans to divest 141 state-owned enterprises in the 2022-2025 period to speed up the pace of equitisation and divestment post-COVID.

State-owned groups keen on roadmaps for reform State-owned groups keen on roadmaps for reform

Many state-owned enterprises are finding their growth potential curtailed, highlighting the need for regulatory reform and increased collaboration.

By Trung Duong

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional