TAILIEUCHUNG - Reorganization of state owned enterprises in Vietnam in the period of 2011 - 2015
The author of the paper presents the viewpoint, the objectives of SOE reorganization in the years of 2011-2015; analyzes and evaluates the results of SOE reorganization, and proposes some solutions for achieving the objectives of SOE reorganization by the end of 2015, following the Plan approved by the Prime Minister of Vietnam. | Vietnam Social Sciences, (171) - 2016 POLITICS - ECONOMICS Reorganization of State-owned Enterprises in Vietnam in the Period of 2011 - 2015 Ngo Van Vu * Abstract: Reorganizing State-owned enterprises (SOEs) with focus on state economic groups and state corporations is one of three important tasks to be fulfilled for economic restructuring, growth model transformation and macro-economic stabilization in Vietnam. The author of the paper presents the viewpoint, the objectives of SOE reorganization in the years of 2011-2015; analyzes and evaluates the results of SOE reorganization, and proposes some solutions for achieving the objectives of SOE reorganization by the end of 2015, following the Plan approved by the Prime Minister of Vietnam. Key words: Economic restructuring; economic group; state corporations; SOE equitization. 1. The vision and objectives of SOE reorganization . Vision The reorganization of SOEs, with focus on state economic groups and state corporations in the period of 2011-2015, has been strongly affirmed in the Resolutions of the Party and Conclusions of the Political Bureau, and has been fully grasped and implemented by the Ministries, lines and provinces in the recent years. The vision of SOE reorganizations is as follows: First, SOE reorganization is aimed at not reducing the role but making SOEs become stronger and a core component of the State economy, which is supportive to State economy to play the leading role in the market economy with socialist orientations. SOEs, in essence, are to be equitized for increasing capital and innovating their management and operation toward more openness and transparence. 10 Second, SOE reorganization has been implemented in both macro level (policy adjustments, legal foundation creation, redistribution of sources, restructuring of ownership and management of the SOE sector) and micro level (changes in ownership, model, operating mechanism, governance, redistribution of sources in every .
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