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The
central inspection team has a working session with Dong Nai Party
Committee |
Following an
on-site inspection, Deputy Minister – Tran Xuan Ha highly appreciated the
restructure and equitization of state-owned enterprises in Dong Nai, especially
Dong Nai’s meeting requirements for equitization but not privatization, for
making sure that the government’s capital is preserved and developed, for
carrying out the policies on bringing employees closer to employers and for
promoting the activities of Party organizations and trade unions in businesses.
The inspection team suggested that Dong Nai provide a stronger guidance about
equitization, finish the restructure of the remaining state-owned enterprises
and make a more thorough assessment of parent company - subsidiary model for the
establishment of consortiums.
According to
the report of Enterprise Innovation Board, Dong Nai has 65 state-owned
enterprises. After restructure, there have been eleven 100% state-owned
enterprises left. According to the general project, the work of enterprise
equitization has been basically finished. After being equitized, most
enterprises are operating efficiently. The transition from the model of
corporations or state-owned companies to a parent company - subsidiary model (a
consortium) is proving effective in production and business activities. Until
late 2008, Dong Nai established three consortiums with a total state-owned
capital of VND3.8 trillion, up nearly 60% compared to pre-transition period.
2008 turnover reached more than VND8.8 trillion, up 123.76% and earned profits
were over VND966 billion, up more than 80% ...
(Source: Dong Nai
Newspaper, Translated by Duy Minh)