State Management in Equitised Enterprises

State Management in Equitised Enterprises

On March 18, 2005, VCCI organised a workshop on State management at equitised companies with participants from 70 equitised enterprises. Dr. Tran Tien Cuong, Head of Commission for Enterprise Research and Development, Central Institute of Economic Management, presented an analysis on State management in equitised companies.

Mr Cuong analysed the role of the State as manager and at the same the shareholder, relationship between businesses and State authorities on finance, taxation, land, environment, labour, insurance, etc. The participants raised several issues on different applications among the provinces and asked for a more flexible implementation.

It is reported that the government will establish a corporation for State capital and it will make the best use of the capital.

• Q.C