HCM City: SOEs told to publicly disclose business information

The HCM City People’s Committee has ordered all State-owned enterprises (SOEs) with 100 percent charter capital owned by the State to fully publish information about their activities.

The request applies to all controlling, parent-subsidiary and sole-member limited liability companies in the city.

The move by the city was part of Deputy Prime Minister Vuong Dinh Hue’s request to ministries, departments and local authorities to instruct businesses to strictly follow Government Decree 81 dated September 2015 on information disclosure for State enterprises.

Decree 81 stated that companies must disclose information on: their development strategies; five-year production and business plans; annual production and business plans; annual production and business reports and reports on the previous three years; implementation of CSR, or corporate social responsibility, if appropriate; annual renewal and restructuring; and administration and organisation, as well as financial reports and reports on salary and bonuses.

The information will be disclosed on websites of enterprises and agencies representing the state owner and on the enterprise information portal of the Ministry of Planning and Investment (MPI).

According to a recent report by MPI, only 241 out of 620 SOEs have sent their reports to the ministry to publicise their information on MPI’s business information portal, accounting for 38.8% of the total.

Mời quý độc giả theo dõi VOV.VN trên

Related

Restructuring SOEs while developing a market economy
Restructuring SOEs while developing a market economy

VOV.VN - Over the past few years, Vietnam has been restructuring its state-owned enterprises (SOEs) in accordance with the market mechanism.

Restructuring SOEs while developing a market economy

Restructuring SOEs while developing a market economy

VOV.VN - Over the past few years, Vietnam has been restructuring its state-owned enterprises (SOEs) in accordance with the market mechanism.

Loss-making SoEs could go bankrupt
Loss-making SoEs could go bankrupt

Loss-making enterprises that are not eligible for privatisation must strictly implement restructure, merger or bankruptcy.

Loss-making SoEs could go bankrupt

Loss-making SoEs could go bankrupt

Loss-making enterprises that are not eligible for privatisation must strictly implement restructure, merger or bankruptcy.

SOEs told to publicly disclose business information
SOEs told to publicly disclose business information

The HCM City People’s Committee has ordered all State-owned enterprises (SOEs) with 100 per cent charter capital owned by the State to fully publish information about their activities.

SOEs told to publicly disclose business information

SOEs told to publicly disclose business information

The HCM City People’s Committee has ordered all State-owned enterprises (SOEs) with 100 per cent charter capital owned by the State to fully publish information about their activities.