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Committee for state capital management to be founded in Q1

The committee for state capital management at enterprises must be set up in the first quarter of 2018 so as to affirm its legal status, Deputy Prime Minister Vuong Dinh Hue has said.
Committee for state capital management to be founded in Q1 ảnh 1Deputy Prime Minister Vuong Dinh Hue is head of the Prime Minister’s working group on the establishment of the committee for state capital management at enterprises (Photo: VNA)

Hanoi (VNA) – The committee for state capital management at enterprises must beset up in the first quarter of 2018 so as to affirm its legal status, DeputyPrime Minister Vuong Dinh Hue has said.

Hue, head of the Prime Minister’s working groupon the committee establishment, made the remark at the first meeting of thegroup on January 16 after it had been formed under the PM’s decision one dayearlier.

Standing deputy head of the group Nguyen HoangAnh is also Chairman of the committee for state capital management atenterprises. Other deputies are Minister-Chairman of the Government Office MaiTien Dung, Minister of Planning and Investment Nguyen Chi Dung, and Minister ofFinance Dinh Tien Dung.

The working group also comprises five othermembers.

At the meeting, participants looked into draftregulations on the working group’s operations, the issuance of a Governmentresolution on the committee establishment, and a Government decree on thecommittee’s structure, functions, and tasks.

𓆏[PM sets up working group for state capital management committee foundation]

Deputy PM Hue asked the Ministry of Home Affairsto coordinate with other ministries to submit a draft Government resolution onthe committee establishment for discussion at the Cabinet’s February meeting.Meanwhile, the Ministry of Planning and Investment needs to promptly build adraft Government decree on the committee’s structure, functions, and tasks.

He noted while efforts must be made to set upthe committee in the first quarter, ministries and sectors must continuespeeding up the equitisation of and divestment from State-owned firms in 2018as scheduled.

Ministries must not abandon businessesimmediately after the new committee takes over the firms, or the equitisationand divestment will slow down. Their responsibility for ailing projects remainsintact, he added.-VNA
VNA

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