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Time to run out for SOE shakeup (20/02)
20/02/2012 - 14 Lượt xem
The Government can hardly approve the restructuring schemes for 21 state-owned groups by the end of the first quarter as scheduled, said Pham Viet Muon, deputy head of the Government Office.
“Time is running out when the Government has about 40 days to go, from now to the end of the first quarter. In other words, approving a scheme in every two days is unfeasible,” Muon told an international seminar on state sector restructuring organized in Hanoi on Wednesday.
He said that after getting approval from the Government for the general scheme, each state group must apply its own restructuring scheme.
Nguyen Trong Dung, head of the Government Office’s SOEs Reform Board, said the Government would restructure each business sector regardless of management level, be they locally or centrally managed.
Muon reckoned that it takes a couple of years to equitize or restructure a state-owned group since the scheme is kicked off.
Source: SaigomTimes.
