The General Department of State Capital and Asset Management at Enterprises will be established.

The Ministry of Finance will establish the General Department of State Capital and Asset Management at Enterprises to implement the project of restructuring state-owned enterprises (SOEs) according to the Government's roadmap.

After the General Department is established, the Ministry of Finance will send staff to work at state-owned corporations and groups (TĐ, TCT) to supervise the State capital in enterprises. The decision of the Ministry of Finance to announce the equitization of 93 SOEs in 2012 has created positive impacts on the restructuring process of SOEs. The Ministry of Finance is working with government agencies to appraise the restructuring project reports of the TĐ, TCT to submit to the government for approval. The establishment of the General Department of State Capital and Asset Management at Enterprises is one of the measures to strengthen the management and supervision of SOEs. In addition to researching and submitting to the government for promulgation of mechanisms related to the management and supervision of capital in SOEs, especially in TĐ, TCT, the Ministry of Finance will step up supervision of both state capital and loans of enterprises to limit "loopholes" in the financial management mechanism of SOEs.

According to (Hanoimoi.com.vn)-LT