Dissolution of the State Capital Management Committee at Enterprises
The Government has just issued Resolution No. 58/NQ-CP dated March 21, 2025 to dissolve the State Capital Management Committee at Enterprises.
This Resolution takes effect from March 21, 2025.
The Government assigned the Ministry of Home Affairs to review and propose the abolition of Decree No. 131/2018/ND-CP of September 29, 2018 of the Government defining the functions, tasks, powers and organizational structure of the State Capital Management Committee in enterprises using the law.
Previously, on February 3, 2018, the Government issued Resolution No. 09/NQ-CP establishing the State Capital Management Committee at Enterprises and Decree No. 131/2018/ND-CP stipulating the functions, tasks, powers and organizational structure of the State Capital Management Committee at Enterprises.
The State Capital Management Committee at Enterprises performs the function of representing full-time State Capital owners, creating conditions for State administrative management agencies to improve the effectiveness of State management, the quality of State-owned enterprise governance contributes to perfecting the socialist-oriented market economy institution.
During its years of operation, the State Capital Management Committee at Enterprises has basically fully performed its functions and tasks of representing state capital owners at 19 corporations and groups with the State Capital Management Committee at Enterprises as the representative of state capital owners.
Business results at enterprises managed by the State Capital Management Committee at Enterprises grow well, the total value of state capital is preserved and developed.
However, during the operation of the State Capital Management Committee at Enterprises, there are still some limitations that make the model of the State Capital Management Committee at Enterprises still operate administratively, not achieving the goals and expectations when established.
Resolution No. 18-NQ/TW of the Central Executive Committee on restructuring and streamlining the apparatus has set out the policy of ending the operation and transferring the functions and tasks of the State Capital Management Committee at Enterprises to the Ministry of Finance, specialized ministries and related agencies.