Deputy Minister of Agriculture and Rural Development Ha Cong Tuan (Photo: VNA)Hanoi (VNA) – Deputy Minister of Agriculture and Rural Development Ha CongTuan has instructed accelerating the equitisation of State-owned enterprises(SOEs) in which the ministry is the representative of the State ownership.
TheDeputy Minister made the request at a conference to review the ministry’sperformance in restructuring enterprises in 2018 and announce plans for thenext two years on January 10.
Specifically,he urged the early completion of the balance sheet, the second time, ofState-owned capital in the Vietnam Tea Corporation and the Vietnam General ofAgriculture Material Corporation Limited to hand over to the equitisedcorporations. The balance sheet for the Vietnam National Vegetable, Fruit andAgricultural Product Corporation Limited must be completed within the firstquarter of this year, he said.
DeputyMinister Tuan also required competent agencies to decide the date for theevaluation of the value of the Ha Long Seafood, build the rearrangement planfor the Hanoi Agrexport, and equitise or dissolve the Agriculture PublishingHouse.
He added that the ministry will accelerate thesale of State capital in Navetco and Vetvaco in an open and transparent manner.
Accordingto Dang Vu Tran, Deputy Director of the Department for Enterprise Management,the Ministry of Agriculture and Rural Development (MARD) will complete thetransfer of the State capital ownership representative rights to the StateCapital Investment Corporation (SCIC) during 2019-2020 in accordance withinstructions of the Prime Minister.
Forpublic non-business units under its management, the MARD will submit to thePrime Minister for approval a list of units to be converted into equitisedcompanies.
During 2018, the MARD equitised the VietnamRubber Group along with its 20 subsidiary companies and the Vietnam Southern FoodCorporation, and divested 100 percent of State capital at the Vietnam Sugarcaneand Sugar Corporation II.
Theministry also transferred to the SCIC the State capital ownershiprepresentative rights in five corporations, namely the Vietnam Rubber Group,the Vietnam Northern Food Corporation, the Vietnam Southern Food Corporation,the Vietnam National Coffee Corporation and the Vietnam Forestry Corporation.-VNA
VNA
