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State enterprises urged to target growth of 10%
State-owned enterprises must strive for an average growth rate of 10 per cent this year to create a driving force for the country to overcome the difficulties of the economic crisis, Prime Minister Nguyen Tan Dung said yesterday.
While working with 100 leaders of more than State-owned economic groups and corporations on tasks and measures to implement plans for this year, Dung called on them to continue joining hands with the Government in stabilising the macro-economy, maintaining growth and curbing inflation.
At the meeting, he thanked State-owned economic groups and corporations for their achievements and contributions to the country's development last year.
Dung said that though they were facing many challenges and difficulties, the country's corporate community had still reached a growth rate of 5.3 percent and helped to ensure social security.
However, he pointed out their shortcomings, asking them to improve their low productivity, poor competitiveness, inefficient technologies and poor management skills.
Dung also said that State-owned enterprises accounted for 40 percent of the country's gross domestic product; therefore, the country's growth target of 6.5 percent depended heavily on State-owned enterprises' efforts to complete their production and business plans.
He instructed State-owned economic groups and corporations to revise their production and business plans, to speed up the progress of important projects and to cut down on inefficient investments.
Enterprises were also asked to stabilise prices of essential goods and to carefully adjust prices to protect consumers against speculation.
They should continue to create more jobs, increase salaries for workers, support the country's 62 poorest districts and contribute to social welfare, Dung noted.
He asked these enterprises to boost the corporate renewal progress, remove subsidiaries that were suffering losses to avoid bad debts and to improve the management capacity and professional skills of their workers.
The Government would continue creating conditions for enterprises to develop businesses, boost exports and expand investment activities into foreign countries while acting as a guarantor for loans used in key projects, Dung affirmed.
The Prime Minister asked the State Bank of Viet Nam to listen to enterprises to properly adjust monetary policies, and suggested that the Ministry of Industry and Trade re-assess goods for export to propose effective and encouraging policies and technical barriers in accordance with international commitments to protect local production.
State-owned enterprises must also provide the public with timely, accurate and sufficient information to create a social consensus for the implementation of tasks set for this year, Dung said.
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