Viet Nam Human Rights
Government privatizes many state-owned enterprises
1/11/15
The
decision to withdraw all state capital from 10 businesses including giant
brands is a strong message to confirm the determination of the Party and State
in the policy "State only does what private companies can not or do not
want to do".
Thus,
the state sells not only loss-making enterprises but also flourishing ones. Since
then, the role of the state is to create growth, and service by government will
become increasingly apparent as ever.
Hitherto,
Vietnam has signed and participated in 11 free trade agreements (FTAs) and
bilateral areas. We have ever simultaneously engaged as many peak
"playgrounds" and new generation of international trade agreements as
the current.
Trans-Pacific
Partnerships has successfully negotiated, the FTA with the European Union also concluded
negotiations earlier, ASEAN Economic Community will also form later this year...
All the playground with high level of integration requires us to have a team of
businesses, including professional and strong private businesses, an
institution for the development of market economy, a public transparency in
management and administration. If we consider joining the regional and global "playgrounds"
as the "prerequisites" then these requirements are
"sufficient" for a successful integration on a large scale beyond
Vietnam to the world.
The
head of government, Prime Minister Nguyen Tan Dung has once stated: “It is
necessary to change the thinking and approach when defining the role of the
State and the relationship between state and market. We must change from State operates
economy into the State creates development”. Therefore, the decision to
withdraw all state capital out of 10 giant enterprises to obtain multi-billion
dollar for national budget is a good sign. State resources will be more focused
and professional in the vocation of a developmental state, the State does not render
services but focus on building appropriate institutional framework and create
necessary conditions for people develop the capabilities and creativity for the
benefit of themselves and contribute to society.
We
believe that divestment trend will continue and not just stop at the 10
businesses.
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All comments [ 10 ]
the State decided to withdraw all capital from 10 gaint loss-making state enterprises, which demonstrates Vietnam's market economy.
I think the State should increase to control and reduce the engagement in enterprises beacause state businesses often ineffectively operate
all ineffective state enterprises should be privatized to improve their productivity and development
joining TPP, Vietnam will get many chances, but also have to face challenges, including fiecre competition, so requiring enterprises improve the quality and efficiency
Not only TPP, but also the FTA with the European Union, ASEAN Economic Community and other FTAs requires Vietnam to have professional and strong private businesses, an institution for the development of market economy, a public transparency in management and administration
Vietnam has implemented many policies for the improvement of it's economy
many state enterprises have ineffectively operated, even lossed
those enterprises should be privatized to develop the economy
on the coming time, Vietnamese enterprises will have many good conditions to raise their effectiveness as well as competiveness
the state sells not only loss-making enterprises but also flourishing ones. Since then, the role of the state is to create growth, and service by government will become increasingly apparent as ever.
Your comments