Former Cao Bang Party Secretary appointed Chairman of State Capital Management Committee

Prime Minister Nguyen Xuan Phuc has just signed a decision to establish a Prime Minister's Working Group to implement the establishment of the State Capital Management Committee at Enterprises. Accordingly, Deputy Prime Minister Vuong Dinh Hue will be the Head of the Working Group; former Cao Bang Provincial Party Secretary Nguyen Hoang Anh will be the Chairman of this Committee.

The working group also had the participation of Minister of Planning and Investment Nguyen Chi Dung, Minister of Finance Dinh Tien Dung and Minister, Head of the Government Office Mai Tien Dung and representatives of the State Bank, State Capital Investment Corporation (SCIC)...

The working group is responsible for advising the Prime Minister in directing the implementation of tasks serving the establishment of the State Capital Management Committee and will end its mission when the committee's apparatus is completed.

Mr. Nguyen Hoang Anh - former Secretary of Cao Bang Provincial Party Committee will be Chairman of the State Capital Management Committee at the soon-to-be-established enterprise.

Previously, according to the decision of the Politburo at the end of December 2017, Mr. Nguyen Hoang Anh - Member of the Party Central Committee, Secretary of the Cao Bang Provincial Party Committee for the 2015 - 2020 term, ceased to participate in the Executive Committee, the Standing Committee and ceased to hold the position of Secretary of the Cao Bang Provincial Party Committee to await new assignment. Mr. Nguyen Hoang Anh, born in 1963 in Hai Phong, has a Master's degree in Economics, majoring in World Economics and International Economic Relations; Bachelor's degree in Political Theory.

The establishment of the State Capital Management Committee at Enterprises has been noticed by those interested in the economic sector in recent times. Once this Committee is established, many State-owned enterprises will be withdrawn from the Ministries, ending the situation where the Ministries "both play football and blow the whistle".

According to the previous draft of the Ministry of Planning and Investment, the State Capital Management Committee at Enterprises will have assets of about 5 million billion VND, including many corporations and groups, including "giants" such as Vietnam Oil and Gas Group (PVN), Vietnam Electricity Group (EVN), Vietnam National Coal and Mineral Industries Group (TKV), Vietnam National Petroleum Group (Petrolimex), Vietnam Steel Corporation (VNSTEEL), Vietnam Airports Corporation (ACV), Vietnam Airlines Corporation (Vietnam Airlines), Vietnam Rubber Industry Group (VRG)...