'The superiors do not need you to bring money to do this or that'

Managers must know how to put the common interest first, there must be no corruption... Your superiors have no need to bring money to do this or that.

Although his speech was fully prepared, Prime Minister Nguyen Xuan Phuc directly expressed his thoughts with affection and responsibility towards the Party Committee of the Central Enterprises Bloc.

State-owned enterprises are like trucks driving in crowded streets.

According to the Prime Minister, over the past 10 years, the Party Committee of the Bloc has made many contributions to the country's development. Specifically, SOEs have contributed 26-30% of GDP, a high contribution rate in the economic structure.

Prime Minister Nguyen Xuan Phuc

In particular, SOEs contribute an important source of revenue to the country, preserve and develop the state, and are an important tool of the state to contribute to stabilizing the macro-economy and maintaining stable growth.

The Prime Minister commended and appreciated the achievements of the Central Enterprise Party Committee over the past 10 years.

“People told me that today’s state-owned enterprises in the socialist-oriented market mechanism are like a truck driving on a crowded street. In such a context, you comrades have been proactive, creative, and tried to have many state-owned enterprises grow and develop, which is extremely valuable,” said the Prime Minister.

No corruption, no sharing

Besides, the Prime Minister also noted the need to frankly acknowledge the shortcomings that SOEs have gone through and encountered in order to gain experience and take better steps in the future.

First, the Prime Minister emphasized the work of cadres, "Party members go first, the country follows", cadres decide everything.

"If the personnel work is correct and accurate, and the staff is not corrupt, then the business will be successful," said the Prime Minister.

The Prime Minister pointed out a series of lessons in investment management and capital management at state-owned enterprises.

“Here we talk about internal lessons, two people doing the same business, even with better conditions, but the one with better conditions suffered huge losses and a bad reputation. Due to what? It is due to the personnel work, the heart and the capacity of the manager,” the Prime Minister analyzed.

Managers must know how to put the common interest first, not embezzle, set an example, have no negative corruption networks, and have no profit sharing ratio in construction investment to be successful.

If the head of a state-owned enterprise is not trained and does not put the common interest first, failure is inevitable.

“We have 35 large state-owned corporations and groups, with 67 people violating the law, a rate that is not high but not small compared to 61,000 party members. Those violations and losses are lessons learned in management, especially human resource management,” the Prime Minister cited.

The Prime Minister also affirmed the position of the state economy to ensure balanced economic development. The presence of state-owned enterprises not only overcomes the shortcomings of the market but is also an indispensable requirement to ensure the successful construction of a socialist-oriented market economy.

No crime against the law

The Head of Government requested to continue to reorganize and innovate to improve the operational efficiency of state-owned enterprises, especially to innovate the growth model to improve labor productivity and overcome the shortcomings of state-owned enterprises.

“Without restructuring, there will be no success; a bureaucratic, subsidized, non-market model will hardly succeed. Subsidyism that is deeply rooted in state-owned enterprises will not succeed,” said the Prime Minister.

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The Prime Minister emphasized the science and technology movement with the ongoing 4.0 revolution. State-owned enterprises must be pioneers, otherwise they will fail.

“A national startup movement is being launched nationwide, and state-owned enterprises must also review their startups and not just ‘copy the old story’. Science and technology are key and important, not the ‘final key’ or the last resort,” the Prime Minister noted.

It is necessary to enhance the role and capacity of Party committees in leading the implementation of political tasks. Party work must go first and be proactive.

Along with that is the quality of Party building to ensure purity and strength, and to well implement Resolution 4 of the 11th and 12th Central Committee, in which 27 developments were prevented.

The Prime Minister reminded state-owned enterprises to save at all stages, reduce product costs, avoid ostentatious groundbreakings and formal organization. Along with that, it is necessary to improve management capacity and strategic vision in state-owned enterprises, “not to eat for the moment”, for the short term and not for the long term.

The Prime Minister especially emphasized personnel work: "Choosing talented people in management and operations goes hand in hand with not choosing relatives, acquaintances, or local factions in the apparatus of state-owned enterprises."

Therefore, the Prime Minister noted that it is necessary to respect party work, have a disciplined lifestyle, especially respect the process in personnel work.

He also hopes that state-owned enterprises will say no to negative corruption, especially against the situation of "front and back yard" in state-owned enterprises, and not organize corruption lines, negative acts of making fake documents to withdraw state money.

“We are not too poor, and we do not have to break the law to bring bad things upon ourselves like some people have encountered in the past 10 years. We do not need, and neither do your superiors need, to bring money to do this or that,” the Prime Minister reminded.

He also suggested that state-owned enterprises should not miscalculate and put all of their expenses into personal gain while the State is exhausted, especially to avoid the situation of "he gives a ham, she gives a bottle of wine".

Every year, enterprises and banks in the central enterprise sector contribute 1/3 of the total national budget revenue, ensuring jobs and stable lives for nearly 1 million workers.

According to Vietnamnet