19 large corporations and groups may join the 'super committee'

According to the second draft of the Decree regulating the functions, tasks and organizational structure of the State Capital Management Committee at State-owned enterprises, the number of groups and corporationsThe number of enterprises transferred to this agency for management is 19, down 2 compared to the previous plan. Two enterprises, VTC Telecommunications Corporation and Cuu Long Transport Infrastructure Development and Project Management Investment Corporation, will no longer be under the management of the "super committee".

With the above decision, about 1.5 million billion VND of total assets and 820,000 billion VND of state equity value that these enterprises are holding will be put into the market as committed.

Among the 19 units under the management of the Super Committee according to the new draft is the Investment and Construction Corporation.State Capital Investment Corporation (SCIC). Under the Capital Committee, SCIC continues to be the agency representing the ownership of state capital in enterprises subject to transfer from ministries and provincial People's Committees.

The remaining 18 enterprises are parent companies of corporations and general companies in which the State holds 100% of the charter capital or has long-term controlling shares, and are under the state ownership representative authority of the Ministries of Industry and Trade, Agriculture and Rural Development, Information and Communications, and Transport.

Among these are 7 large corporations: Vietnam National Petroleum Group (Petrolimex), Vietnam Chemical Group (Vinachem), Vietnam Electricity Group (EVN), Vietnam Oil and Gas Group (PVN), Vietnam Rubber Industry Group (VRG), Vietnam National Coal and Mineral Industries Group (TKV) and Vietnam Posts and Telecommunications Group (VNPT).

The remaining 11 corporations include MobiFone Telecommunications Corporation, Vietnam Tobacco Corporation, Vietnam Airlines Corporation, Vietnam Maritime Corporation, Vietnam Railway Corporation, Vietnam Expressway Development and Investment Corporation, Airports Corporation, Vietnam Coffee Corporation, Southern Food Corporation, and Northern Food Corporation.ac, Vietnam Forestry Corporation.

The State Capital Management Committee was established in February, with Mr. Nguyen Hoang Anh - former Secretary of the Cao Bang Provincial Party Committee as Chairman. This committee is a government agency, performing the function of representing the owner of enterprises in which the State holds 100% of the charter capital and the State capital invested in joint stock companies and limited liability companies with two or more members.n as prescribed by law.

According to this draft, the transfer of rights and responsibilities of the State ownership representative agency must be implemented quickly, closely and specifically; with inheritance; without affecting production and business activities; the progress of implementing the roadmap for arranging, converting and restructuring capital of enterprises...The time of transfer and preparation of transfer documents is when the enterprise prepares quarterly and annual financial reports.

The Committee shall proactively coordinate with the Ministry of Home Affairs or, according to decentralization, carry out the assignment and appointment of positions of enterprise managers, executives, capital representatives, and controllers according to current regulations (except for financial controllers appointed by the Minister of Finance).

At a recent meeting on equitization and divestment of State capital in enterprises, Deputy Prime Minister Vuong Dinh Hue also urged ministries and branches to promptly contribute opinions, ensuring timely completion of regulations and organizational structure so that the Capital Committee can come into operation in the third quarter.