Hanoi (VNA) – Deputy Prime Minister Vuong DinhHue has approved a restructuring plan for the State Capital InvestmentCorporation (SCIC) by 2020.
The plan aims to improve the SCIC’s operationsto accelerate the divestment of State capital at enterprises, promote therestructuring of State-owned enterprises and to help businesses use capitalmore effectively.
The SCIC focuses on investing and managinginvestment capital, representing State ownership at enterprises and continuingto re-organise, equitise and sell State capital invested in the businesses ithas been handling.
Aside from those main tasks, the corporation investsin sectors, areas and projects promising economic benefits. It also providesconsultancy services pertaining to investment, finance, governance, merger andacquisitions and business support services.
Under the plan, the SCIC’s internal governancesystem will be improved by fine-tuning regulations on internal governance andpersonnel work and re-organising its apparatus.
The corporation also aims to develop and manageits personnel in a systematic manner while stepping up personnel training. Itwill also enhance internal examination and improve transparency of investment,financial management, procurement, income distribution and personnel work.
The firm expects to stringently deal withloss-making enterprises and ineffective investment projects.-VNA
The plan aims to improve the SCIC’s operationsto accelerate the divestment of State capital at enterprises, promote therestructuring of State-owned enterprises and to help businesses use capitalmore effectively.
The SCIC focuses on investing and managinginvestment capital, representing State ownership at enterprises and continuingto re-organise, equitise and sell State capital invested in the businesses ithas been handling.
Aside from those main tasks, the corporation investsin sectors, areas and projects promising economic benefits. It also providesconsultancy services pertaining to investment, finance, governance, merger andacquisitions and business support services.
Under the plan, the SCIC’s internal governancesystem will be improved by fine-tuning regulations on internal governance andpersonnel work and re-organising its apparatus.
The corporation also aims to develop and manageits personnel in a systematic manner while stepping up personnel training. Itwill also enhance internal examination and improve transparency of investment,financial management, procurement, income distribution and personnel work.
The firm expects to stringently deal withloss-making enterprises and ineffective investment projects.-VNA
VNA
