Proposal for the payment of state property enterprises according to market


At the Innovative Conference, enhancing the effectiveness of state-owned enterprise enterprises; taking place on the 21st of November, Nguyen Dinh Cung, director of the Central Institute for Economic Management (CIEM), said that SOEs still have the force to replace. However, the management of state-owned enterprises is more likely to be outside the market economy.

At the conference of the Deputy First Minister Vuong Dinh Hue a & # 39; In attendance, the CIEM Director recommends that businesses should be allowed, state economic groups are the salary of a market leader.

He explained that SOEs are not independent of the business industries, subject to hunting, and # 39; connection, unified and paid on market. For example, if an industrial leader is paid 1-1.5 billion a year, public opinion is very important. However, the problem is not what the money they are doing and how they need to be set up to work on it; market.

Electrical Headquarters of Vietnam (EVN).

Electrical Headquarters of Vietnam (EVN).

In addition, the CIEM Director stated that business targets designated by the state's ownership are very low. At the same time, he said, it would be impossible to accept profit profits below bank loan rates.

One of the questions Mr Cung describes other market principles is a bad disclosure of information. He said that it is easy to make and free, so that the owners can easily manage the information. However, Vice President Vuong Dinh Hue has been aiming many times but businesses do not do or do it; many publications. CIEM believes that there is a greater need for strengthening forces to make public access to it; market.

Mr Cung also suggested that, putting emphasis on the allocation of business targets enough enough so that business leaders can only achieve the greatest effort, tasks should not be identified so that everyone can complete it. So, he said that he would stress owners to be able to; Choosing to invest in companies with a return of 20-30% more than any other business.

"So after a few years we can have big parties." The company now has a list of the largest 500 corporations in the world with a change of $ 24 billion, not just $ 11 billion in the three largest state-owned enterprises, including Viettel, PVN, and EVN, "he said, usually in the next few years of Viet Nam's world's largest world divisions.

In a corporate governance vision, the CIEM Director stated that it is essential to focus on the removal of SOE allowances so that they can be in business devolution and devolution. The Board of Directors and the directors will decide to themselves.

"Over time, many business decisions should be managed so much," he said.

In this regard, the Chairman of the Message Council and Telecommunications Group (VNPT) recommended the use of the device to control behavior instead of administrative orders in the management of state campaigns.

Accordingly, the regulator can build a credit system to evaluate their business, similar to bank credit. If the unit's profit is good, the list is self-dependent, and any unit that profits badly is in the form of a direction.

Nguyen Ha

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