The agriculture and rural development sector would promote restructuring of State-Owned Enterprises (SOEs) and withdrawal of capital from non-core business in the second half of this year.
The agriculture and rural development sector would promote restructuring of State-Owned Enterprises (SOEs) and withdrawal of capital from non-core business in the second half of this year, according to the Ministry of Agriculture and Rural Development.
At the ministry's conference in Hanoi on July 30 to review the restructuring of SOEs in the agricultural sector in the first half of this year, a representative of the ministry said 12 groups and corporations in the sector will be equitised by the end of this year.
In the first half of this year, the ministry also continued promotion of equitisation for the Vietnam Vegetable, Fruit and Farming Product Corporation and the Vietnam Tea Corporation.
The ministry expects to approve equitisation plans for the Vietnam Forest Corporation and the Agricultural Material Corporation in the last quarter of this year and the Southern Food Corporation in the first quarter of 2016.
It also reported that it completed equitisation of nine corporations and companies in 2014.
However, Do Van Nam, head of the ministry's Enterprise Management Department, said withdrawal of capital from non-core business and selling of state's shares at agricultural enterprises was slower against schedules.
By June 30, the enterprises in the agricultural sector withdrew 1.718 trillion VND (78.8 million USD) in total, or 34 percent of the target. They will continue withdrawing the entire capital of 3.31 trillion VND (151.8 million USD), the ministry said.
Nam said the enterprises have faced many challenges that could affect their plans to withdraw capital from non-core business, including low price of shares and lower offer price of shares against their face value. Some enterprises had even made initial public offers of shares but it did not attract investors.
Le The Chi, Deputy General Director of the Vietnam Coffee Corporation, said the corporation must withdraw its capital from six companies but those companies have small capital of 40 billion VND (1.8 million USD) each. Therefore, investors were not interested in them and the corporation was facing difficulty in withdrawing its capital from them.
To deal with the difficulty in withdrawal of the capital from non-core business, the government permits the enterprises to sell share lots and shares for labour, Nam said.
Minister Cao Duc Phat said enterprises must have specific plans to promote withdrawal of their capital from non-core business, especially state-run farms.-VNA
More centrally-run State-owned corporations will go equitisation this year, according to the party committee of the group of centrally-run State-owned corporations.
Deputy Prime Minister Vu Van Ninh called upon the Southwestern region to continue restructuring agriculture and building new-style rural areas, and strive towards sustainable poverty alleviation.
The programmes have brought about positive changes to rural infrastructure, comprehensively improved the material and spiritual lives of farmers, and contributed to Vietnam's economic restructuring, said PM Pham Minh Chinh.
The festival highlighted the contributions and robust development of Vietnam's revolutionary press over the past century while promoting press products and showcasing the creativity of Vietnamese journalists.
The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
PM Pham Minh Chinh highlighted how Vietnam's revolutionary press has continuously evolved and strengthened over the past century, affirming its role as a sharp and vital political, cultural, and ideological weapon serving the Fatherland and the people in the glorious revolutionary cause of the Party.
Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
At the conference (Photo: baomoi)
