New regulations on 100% state-owned enterprises

The Prime Minister has just issued a Decision on criteria for classifying state-owned enterprises, enterprises with state capital and the list of state-owned enterprises to be restructured in the 2016 - 2020 period.

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Three groups of state-owned enterprises

Accordingly, the Decision clearly states that enterprises with 100% charter capital held by the State operate in the following sectors and fields: Surveying and mapping for national defense and security; Production and trading of industrial explosives; Transmission, dispatching of the national power system and management of the distribution grid; multi-purpose hydropower and nuclear power of special economic and social importance associated with national defense and security; Management of the national railway and urban railway infrastructure system invested by the State; operation of national railway transport.

In addition, enterprises in the fields of air traffic services, aviation information services, search and rescue services; Maritime security (excluding dredging and maintenance of public maritime routes); Public post; Lottery business; Publishing (excluding printing and publishing); Printing, minting money, producing gold bars and gold souvenirs; Policy credit for socio-economic development, ensuring the safety of the banking system and credit institutions are also in the group of enterprises with 100% charter capital held by the State.

For enterprises operating in the following sectors and fields: Management and exploitation of airports; airport exploitation services; Navigation information services, surveillance, aviation meteorological services; Large-scale mineral exploitation according to current regulations on classification of mineral mine scale; Exploration, development of mines and exploitation of oil and gas; Finance and banking (excluding insurance, securities, fund management companies, financial companies and financial leasing companies), the State will hold 65% or more of charter capital when implementing arrangement and equitization.

Enterprises that are restructured and equitized, with the State holding over 50% to under 65% of charter capital, operating in the following industries and fields: Basic chemical production; Air transport; Enterprises with a market share of 30% or more, playing a role in ensuring major balances of the economy, stabilizing the market, operating in the following industries and fields: Rice wholesale, petroleum import hub; Cigarette production; Providing telecommunications services with network infrastructure; Planting and processing rubber and coffee in strategic areas, mountainous areas, remote areas associated with national defense and security; Enterprises that ensure essential needs for production development and improving the material and spiritual life of ethnic minorities in mountainous areas, remote areas; Electricity retail business (in line with the roadmap for formation and development of electricity market levels).

Internet photo.

Arrange 240 enterprises in the period 2016 - 2020

The decision also clearly states the list of state-owned enterprises to be restructured in the 2016-2020 period, including 240 enterprises.

Of which, 103 state-owned enterprises hold 100% of charter capital; 4 enterprises are equitized, with the state holding over 65% of charter capital; 27 enterprises are equitized, with the state holding over 50% to under 65% of charter capital; 106 enterprises are equitized, with the state holding less than 50% of charter capital.

The issuance of criteria for classifying state-owned enterprises, enterprises with state capital and the list of state-owned enterprises to be restructured in the 2016-2020 period serves as a basis for classifying and reorganizing existing state-owned enterprises and continuing to sell state capital in enterprises with state capital to promote the process of reorganization and innovation by 2020.

According to Bao Quyen/vneconomy