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Update news SOEs
Following Resolution 68, the private sector was for the first time identified as "a most important driver" of the economy. Then, Resolution 79 was issued, reaffirming the "primary, pioneering, creating, and guiding role" of the state economic sector.
The Construction Ministry will conduct direct supervision of four major state-owned enterprises in 2026, focusing on the management and use of state capital, business performance and the preservation and development of public assets.
As global shocks intensify, Vietnam is urged to position its state sector at key economic arteries to preserve resilience and long-term competitiveness.
State-owned enterprises (SOEs) hold a pivotal role in strategic business fields. To achieve the goal of double-digit GDP growth, SOEs must truly become the driving force that leads and spreads growth.
To transform SOEs into a driving force for double-digit GDP growth, experts have emphasized the urgent need to classify enterprises by function, ensure operational independence, and professionalize the state's ownership role.
In Hanoi, SOEs are pouring capital into multi-purpose urban zones, a deliberate move to ease choking urban pressures while securing the capital’s expansion for decades to come
Deputy PM Pham Thi Thanh Tra has requested a thorough study of a pilot specific mechanism for hiring, recruiting, and appointing directors and general directors at some SOEs.
A story currently drawing significant public attention is General Secretary To Lam’s concerns about the Long Thanh Airport project, which is being developed with huge capital of $16 billion.
Several large state-controlled enterprises listed on Vietnam’s stock exchanges, including PV GAS and BSR, may lose their public company status under a new directive from the securities regulator.
State-owned enterprises on the stock market posted robust profit growth in 2025, with new policy mechanisms expected to further alter the landscape.
As Vietnam targets two-digit GDP growth, state-owned enterprises are expected to lead strategic sectors and set the pace for the wider economy.
Resolution No. 79-NQ/TW, issued by the Politburo on January 6, 2026, reaffirms the leading role of the state sector in the socialist-oriented market economy.
Resolution 79 redefines how the state should guide development, shifting from doing for the market to empowering it through strategic leadership.
Accepting risk and changing the governance mindset are the keys for state enterprises to escape the “ask-give” mechanism and truly transform into global brands, according to Nguyen Dinh Cung, former head of CIEM.
The issuance of Resolution 79 signifies that state-owned enterprises (SOEs) are being placed in the spotlight of the economy.
Prime Minister Pham Minh Chinh has been appointed head of a newly established national steering committee tasked with executing Resolution 79 of the Politburo, a major directive focused on strengthening and redefining Vietnam’s state economy.
The resolution, recently signed by Party General Secretary To Lam, affirms that the State-run economy remains a particularly important pillar of the socialist-oriented market economy in Vietnam.
The Ministry of Construction has filed for bankruptcy procedures against 41 enterprises across 12 provinces and cities, including the parent company of the Shipbuilding Industry Corporation (SBIC).
The Politburo and Secretariat approved a plan to restructure party units across 18 major state corporations and banks.
Vietnam aims to see at least 30 State-owned enterprises (SOEs) with net revenue exceeding 1 billion USD each by 2030, according to a finance ministry strategy on developing the State economic sector.