The Prime Minister requested that 19 State-owned corporations and groups in 2024 must promote a strong offensive spirit, achieving higher, better and more effective results than in 2023 in 6 contents including: development investment, business efficiency, contribution to growth, budget contribution, social security, prevention of negativity and corruption.
On the morning of February 5, Prime Minister Pham Minh Chinh chaired a working conference with the State Capital Management Committee at Enterprises and 19 affiliated corporations and groups on implementing production and business in 2024 and promoting investment in socio-economic development.
Also attending the meeting were comrade Le Minh Khai, Secretary of the Party Central Committee, Deputy Prime Minister; Party Central Committee members: Deputy Prime Minister Tran Hong Ha, Minister, Head of the Government Office Tran Van Son, Minister of Industry and Trade Nguyen Hong Dien, Chairman of the State Capital Management Committee at Enterprises Nguyen Hoang Anh; leaders of ministries, branches and central agencies.
On the morning of February 5, Prime Minister Pham Minh Chinh chaired a working conference with the State Capital Management Committee at Enterprises and 19 affiliated corporations and groups - Photo: VGP/Nhat Bac
After listening to the State Capital Management Committee at Enterprises report on the 2023 operation situation, the 2024 operation plan, production and business implementation and promoting investment in socio-economic development of enterprises, the conference listened to enterprises, ministries and branches clarify and supplement key issues, tasks and solutions for the coming time and propose specific solutions in the short, medium and long term associated with the implementation responsibilities of specific agencies and units and the completion deadline; at the same time, determine the roadmap for proposing amendments and supplements to relevant institutions, policies and laws.
The Prime Minister acknowledged and commended the contributions of the State Capital Management Committee at enterprises, corporations and general companies to the overall achievements and results of the whole country in 2023... - Photo: VGP/Nhat Bac
Many projects and businesses have made a change.
Reports and opinions at the conference assessed that in the past time and in 2023, the State Capital Management Committee at Enterprises has made efforts to basically fully perform the functions, tasks, powers and responsibilities of the agency representing State ownership at enterprises and perform the role of the standing agency of the Steering Committee to handle the shortcomings and weaknesses of a number of projects and enterprises that are behind schedule and ineffective in the industry and trade sector.
The Committee has actively and proactively worked with State management agencies to remove obstacles for enterprises to improve operational efficiency, promote investment resources, manage and use capital, State assets, public assets, and arrange land... The Committee has worked with corporations and general companies to remove difficulties and obstacles to deploy and complete many investment projects on energy infrastructure, traffic and transportation in 2023, including many large and important projects that have been behind schedule for many years.
Specific projects include: Construction of Ben Luc - Long Thanh Expressway; Thi Vai LNG import port warehouse with a capacity of 1 million tons (completed and put into operation from October 29, 2023); investment in construction of container terminals No. 3 and No. 4 of Hai Phong International Gateway Port; component project 3 - Long Thanh International Airport phase 1; construction of passenger terminal T3 - Tan Son Nhat International Airport; construction and expansion of international terminal T2 - Noi Bai International Airport; construction of terminal T2 - Phu Bai International Airport (completed and put into operation from April 28, 2023), construction and expansion of Dien Bien Airport (completed and put into operation from December 2, 2023)...
19 corporations and general companies represented by the Committee have basically maintained production and business results in 2023, of which most completed and exceeded the plan on revenue, pre-tax profit, and payment to the State budget; profit and payment to the budget were higher than in 2022, contributing significantly to the overall socio-economic development results of the whole country.
In 2023, 15/19 corporations and general corporations will complete and exceed their revenue plans; 16/19 corporations and general corporations will complete and exceed their pre-tax profit plans (Vietnam Airlines will reduce its loss compared to the plan); 16/19 corporations and general corporations will complete and exceed their plans for paying the State budget.
Deputy Prime Minister Le Minh Khai speaks at the conference - Photo: VGP/Nhat Bac
Corporations and general corporations continue to demonstrate their leading and core positions and roles in many important economic sectors and fields of the country such as energy, transport infrastructure, telecommunications and information technology, industry, agriculture... These enterprises have basically met consumer demand, stably supplying essential goods and services to businesses and people such as electricity, coal, gasoline, basic chemicals, which is a fundamental premise and important driving force to ensure major balances of the economy, stabilize the macro economy... Corporations and general corporations also do a good job of social security work, taking care of the lives of workers.
At the conference, under the direction of the Prime Minister, leaders of corporations and general companies emphasized outstanding results, highlights, valuable lessons, and pointed out shortcomings, limitations, and obstacles in the operations of each enterprise and made proposals and recommendations.
The Prime Minister mentioned a number of specific examples of both results, successes and shortcomings, limitations of corporations and general companies such as EVN's 500 kV line 3, which has not been implemented for many years but is being vigorously built and is expected to be completed in 6 months; PVN, after a period of difficulties, has achieved very positive results in recent years; Airports Corporation, which was sluggish in previous years, has made many efforts to change this year, especially in the construction of Long Thanh airport; Railway Corporation, after many years of losses, has made effective innovations and made a profit in 2023; changes in the implementation of the Lot B - O Mon gas project chain after decades of delays...
The Prime Minister also gave an example, in 2023, the Government directed to increase rice exports while prices increased, but there were also hesitant opinions in the context of the complicated world situation. However, according to the Prime Minister, the current rice crop life cycle is only about 3 months, rice reserves are guaranteed, and we need to take advantage of the opportunity to export. As a result, we have both exported rice to a record level, ensured domestic food balance, and contributed to ensuring world food security.
Deputy Prime Minister Tran Hong Ha speaks at the conference - Photo: VGP/Nhat Bac
Also on this issue, the leaders of the Northern Food Corporation were excited when Vietnam recently reached a government-level rice trade agreement with Indonesia and the Philippines - also the two largest rice importers of Vietnam. Immediately after that, in late January, Vietnamese enterprises won overwhelmingly by winning about 350,000 tons in the 500,000-ton rice bid from Indonesia. The Corporation proposed that the Prime Minister continue to include the content of rice trade in the discussion with senior leaders of other countries in the coming time.
Holding large resources must do profitable business and contribute more.
In his concluding remarks, Prime Minister Pham Minh Chinh basically agreed with the report of the State Capital Management Committee at Enterprises, highly appreciated the opinions of the delegates attending the meeting; requested the agencies to absorb the valid opinions, complete and submit appropriate documents after the conference to organize synchronous, timely and effective implementation.
The Prime Minister acknowledged and commended the contributions of the State Capital Management Committee at enterprises, corporations and general companies to the overall achievements and results of the whole country in 2023, especially in terms of GDP growth, corporate governance and especially ensuring social security.
Photo: VGP/Nhat Bac
However, the Prime Minister requested that we absolutely not be complacent, satisfied, or subjective with the achievements and results that have been achieved. In addition to the achieved results, the Prime Minister pointed out the shortcomings and limitations in the operations of corporations and general companies, such as difficulties in mechanisms and policies; limited investment for development, the disbursement rate of public investment is lower than the national average; the contribution to GDP growth is not commensurate with the resources held; and the efficiency of investment and business is not high.
The main reasons are that the positivity, proactiveness and creativity of leaders of some corporations and general companies have not been strongly promoted; legal problems, especially regarding land, public investment, decentralization and delegation of authority; policies for officials working at enterprises and capital management are still inadequate and not close to the actual situation; corporate governance is still not really suitable for the market economy, there are still many intermediaries, many cases causing work congestion; the consequences of the COVID-19 pandemic are still present, the health of enterprises is eroded in the fight against the pandemic, typically Vietnam Airlines. The Prime Minister requested all parties to share and find solutions to the above difficulties, challenges and problems.
In the coming time, the Prime Minister forecasts that the international and domestic situation will continue to have advantages, opportunities, difficulties and challenges intertwined, with more difficulties and challenges, especially in developing production, business, creating jobs and livelihoods for the people. Corporations and general companies holding large resources and carrying out great missions must do profitable business, contributing more to GDP growth and the State budget. The requirement for 2024 for the whole country and for corporations and general companies is to achieve better results than in 2023.
The Prime Minister requested that we absolutely not be complacent, satisfied, or subjective with the achievements and results that have been achieved - Photo: VGP/Nhat Bac
Overcoming limitations, focusing on promoting investment and development
To further promote the operational efficiency and investment resources of corporations and general corporations in implementing the socio-economic development plan and strategy for 2024 and the coming time, the Prime Minister clearly stated 8 main contents on management and operation viewpoints and major groups of tasks for the activities of the Committee and corporations and general corporations in the coming time.
Accordingly, the Prime Minister requested to continue to closely follow the Party's guidelines and policies, the State's laws and policies, the Resolution of the 13th National Party Congress, the conclusions, resolutions and directions of the Central Committee, the National Assembly and the Government, grasp the practical situation, concretize it into programs, projects and plans, and organize effective implementation.
Along with that, focus on amending and proposing competent authorities to amend relevant laws, decrees, and circulars to remove legal obstacles and difficulties, especially those related to the fields of price, environment, resources, land, etc., specifically Decree No. 10/2019/ND-CP on the implementation of rights and responsibilities of owners' representatives, Decree No. 95/2014/ND-CP on investment and financial mechanisms for science and technology activities, etc. The spirit is to decentralize and delegate more power along with appropriate resource allocation, improve implementation capacity, and strengthen inspection and supervision.
In particular, the Prime Minister emphasized the need to focus on promoting investment and development, overcoming limitations in this issue, investing with focus and key points, focusing on the country's three strategic breakthroughs (institutions, human resources infrastructure), renewing the three old growth drivers (investment, export, consumption) and adding new growth drivers (digital transformation, green transformation, circular economy, knowledge economy, sharing economy)...
Many delegates assessed that in recent times, the State Capital Management Committee at Enterprises has made efforts to perform the functions, tasks and responsibilities of the agency representing State ownership at enterprises... - Photo: VGP/Nhat Bac
Fourth is restructuring corporations and general companies according to approved plans, focusing on three restructuring contents: (i) restructuring of governance towards effectiveness, efficiency, and improving human resource quality; (2) restructuring of finance; (3) restructuring of industries, input materials, etc. to suit development trends.
The Prime Minister noted that the Committee must focus on orienting restructuring issues for corporations and general companies, and that the assessment of business operations must be based on overall efficiency.
Along with that, the Head of Government requested to promote decentralization, delegation of power, cut administrative procedures, be more proactive and positive, promote a strong offensive spirit, courage, confidence, dare to think, dare to do, dare to take responsibility in performing tasks within authority, be steadfast in principles but flexible in performing specific tasks, and comply with the laws of the market economy.
The Prime Minister noted that it is necessary to constantly promote the tradition and development history over many years of each enterprise, creating new momentum, new motivation, new results, new victories. Actively and strongly promote the fight against corruption, negativity, waste, and the mentality of waiting and relying on others. Improve the material and spiritual life of cadres, workers, and laborers in the direction that each year must be higher than the previous year; actively contribute to the work of ensuring social security.
The Prime Minister said that ministries, branches and committees have gained more experience and must coordinate closely and effectively, promptly and promptly resolve proposals from enterprises in the spirit of all for the common good, the national and ethnic interests, for the development of corporations and general companies; not push, avoid, not cause trouble or harassment, and work with enterprises to remove difficulties and overcome challenges.
Deputy Prime Ministers in charge of assigned areas shall proactively and actively urge the implementation of tasks and handle issues proposed by groups and corporations. The Government Office, the State Capital Management Committee at Enterprises, and the Steering Committee for Enterprise Innovation and Development shall be more proactive and active in advisory work, promoting the spirit of innovation because resources originate from thinking, motivation originates from innovation, and strength originates from the people and enterprises.
Leaders of corporations and general companies speaking at the conference - Photo: VGP/Nhat Bac
Assigning specific tasks for the coming time , the Prime Minister emphasized a number of tasks such as corporations and general companies, with the core being the Vietnam Electricity Group, must not have a shortage of electricity; the Vietnam Oil and Gas Group must ensure enough oil and gas according to plan; the Coal and Minerals Group must ensure enough coal based on the long-term plan; the Steel Corporation must completely handle the Thai Nguyen Iron and Steel Plant expansion project phase 2 (TISCO 2); Vietnam Airlines must cut losses and handle outstanding issues; the Vietnam Petroleum Group must not have a shortage of gasoline and oil...
The Prime Minister noted that agencies should implement a roadmap to adjust electricity prices appropriately, without jerkiness, without perfectionism, without haste; the Ministry of Industry and Trade should reform the mechanism for managing petroleum business hubs in a simple, easy-to-check and monitor direction...
Regarding personnel, the Prime Minister requested to properly arrange people based on the standards, conditions, processes and regulations of the Party and State, ensuring publicity, democracy, objectivity and transparency.
The Prime Minister once again requested that the overall achievements and results of corporations and general companies must be higher each year than the previous year, specifically, the efficiency of production and business, investment and development, contribution to the budget and growth must be higher than in 2023, better prevention of corruption, negativity and waste, greater contribution to social security, contributing to the goal of developing a strong and prosperous country, bringing an increasingly happy and prosperous life to the people.
Source: baochinhphu.vn
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