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Vietnam has been actively accelerating the process of restructuring its State-owned enterprises (SOEs), focusing on State-owned economic groups and corporations, with the aim to transform the economic growth model, integrating into the global economy in an active, profound and comprehensive manner. In the 2011-2015 period, the SOE restructuring was strongly and drastically implemented by ministries and branches and achieved positive results. | Restructuring State-owned Enterprises in Vietnam at Present Ngo Van Vu1 1 Vietnam Social Sciences Review Vietnam Academy of Social Sciences. Email ngovu68@gmail.com Received on 18 October 2018. Revised on 30 October 2018. Accepted on 6 December 2018. Abstract Vietnam has been actively accelerating the process of restructuring its State-owned enterprises SOEs focusing on State-owned economic groups and corporations with the aim to transform the economic growth model integrating into the global economy in an active profound and comprehensive manner. In the 2011-2015 period the SOE restructuring was strongly and drastically implemented by ministries and branches and achieved positive results. At present under the context and requirements of the new period the process has been slowing down. Therefore the Government localities and SOEs need to focus on researching and assessing promptly the restructuring process pointing out difficulties and challenges to devise more concrete and powerful solutions to attain the targets and fulfil plans set for the 2016-2020 period. Keywords State-owned enterprise restructuring economic groups State-owned corporations. Subject classification Economics 1. Introduction Restructuring SOEs focusing on State-owned economic groups and corporations has been clearly defined in the Communist Party of Vietnam s CPV resolution and the Politburo s conclusions especially in Resolution No.12-NQ TW dated 6 June 2017 of the 5 th Plenum of the Party s Central Committee the 12th tenure on continuing to restructure renovate and improve the efficiency of SOEs. In recent years with the thorough permeation and strong implementation by ministries sectors and localities the policy of SOE restructuring has reached significant results. The number of SOEs has been drastically reduced the production and business activities continue to be maintained the operational efficiency of post-equitisation enterprises has been improved leading to positive impacts on the .