The National Assembly has just passed the Resolution No. 86/2014/QH13 dated November 28, 2014 on further increasing the effectiveness of the economic restructuring in public investment, state enterprises and banking system, requires Ministries, industries and relevant units to arrange and restructure weak credit institutions, continue implementing measures to reduce non-performing loans to below 3 percent of the total outstanding loans by the end of 2015.
At the same time, to continue studying and improving the operational mechanism of the Vietnam Asset Management Company and expeditiously supplement and complete regulations to solve difficulties and problems in handling collaterals, and develop the debt trading market. To increase the inspection and examination of the law compliance by credit institutions, closely supervise the cross ownership and cross investment, promptly handle violations and prevent risks. To basically control the cross ownership and cross investment.
For investment, the National Assembly emphasizes to draw up and implement specific plans and policies encouraging
and attracting non-state investment to develop socio-economic infrastructure facilities, which will replace a significant part of public investment. To improve and strongly implement public-private partnership (PPP) forms and to continue reviewing and completely investing in unfinished public investment projects with socio-economic effectiveness; to concentrate investment on science and technology and human resources development. Capital construction debts must not recur.
Besides, completely implement the state enterprise arrangement and renovation plan as scheduled and pay attention to properly dealing with the labor redundancy; to improve the effectiveness of the mechanism of state owner representation by separating the functions of owners, owner representatives and state administration. To promote financial supervision, operational supervision and change of enterprise leaders and managers, contributing to raising the operational effectiveness of state enterprises. To implement the equitization plan and roadmap for public-utility enterprises and facilitate the development of social enterprises…
