The option approves the latest Design to have Reorganizing from SOEs, centering on state-owned financial groups and you can agencies at that time 2011-2015
toward assignment, decentralisation of one’s implementation of brand new rights, requirements and you may obligations away from condition holder towards the SOEs and you can Condition Capital Dedicated to the fresh new Companies
That it decree describes brand new created liberties and you may commitments regarding managers out of county capital in almost any kinds of organizations and you may boosts new move into the so much more freedom on handling of SOEs.
So it solution facts major alternatives powering and you will pointing new realisation regarding this new socio-financial creativity bundle and you will county funds guess into the 2013 means PM /ND-CP.
Previous and continuing change during the Viet Nam might have been discussed in the brand new framework of your OECD China Community towards the Corporate Governance from State-Owned People. The rest of it section provides particular highlights of such reforms, considering guidance published to the brand new system because of the Vietnamese regulators.
Disclosure standards and you can techniques
Within corporation height. New revelation standards wear SOEs when you look at the Viet Nam are outlined when you look at the ), according to and this SOEs are required to introduce the second information on their website and also at stockholder group meetings: (i) objectives in addition to their fulfillment; (ii) financial and you may performing abilities; (iii) governance, ownership and you will voting design of your agency; (iv) five-year strategy for company passion; annual arrangements to own business and you will investment products; (v) post on reorganizing procedure, yearly administration records; financial claims; (vi) matter transactions which have related organizations; (vii) and you will yearly salary account and you may yearly earnings profile for instance the remuneration away from board users and you can key executives. Continue Reading
