The plan was outlined in Decision No. 216 approving the ministry’s direct supervision program for enterprises under its ownership representation. The decision was signed by Deputy Minister Nguyen Viet Hung.

According to the plan, the four enterprises subject to supervision include the Housing and Urban Development Corporation (HUD), the Vietnam Cement Corporation (Vicem), the Vietnam Maritime Safety Corporation and the Vietnam Maritime Communication and Electronics Single Member Limited Liability Company.

The supervision process is scheduled to take place from the second to the fourth quarter of 2026 and will be led by the Enterprise Management Department under the Construction Ministry.

The review will focus on several key areas, including the management of state capital within the enterprises, the effectiveness of production and business operations, and the preservation and growth of state assets.

Authorities will also examine the implementation of the companies’ business plans for 2025, as well as capital mobilization and usage, asset management and outstanding receivables and payables.

Investment activities, project transfers and capital investments will also be subject to scrutiny.

In addition, the ministry will review how companies collect profits and dividends from investments, manage state capital contributions in joint-stock and limited liability companies, distribute profits and fulfill their financial obligations to the state budget.

The supervision will also evaluate the responsibilities and authority of members’ councils, boards of directors, supervisors and representatives managing state capital within the enterprises.

Compliance with recommendations from inspection and audit authorities, as well as directives from the state ownership representative agency, will also be assessed.

The supervision period will mainly focus on the year 2025 and other related periods before and after that timeframe.

According to the Construction Ministry, the supervision plan aims to assess compliance with regulations on the management and use of state capital at enterprises, ensuring efficiency while safeguarding and developing public assets.

The initiative is also intended to detect early signs of shortcomings, risks of asset loss or waste, enabling authorities to take corrective measures or recommend action by competent agencies.

At the same time, the ministry said the program will help strengthen transparency and accountability in managing state capital at enterprises while identifying gaps in existing policies and mechanisms in order to improve the legal framework.

Hong Khanh