SOEs

Update news SOEs

State economic sector: leading the way but not ‘doing it all’

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.

Construction Ministry to directly monitor four major state firms

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.

When the state economy must truly become a pillar

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 shoulder responsibility for double-digit GDP growth

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.

Experts suggest 4 key reforms to professionalize SOEs

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.

Resolution 79-NQ/TW: SOEs take core role in mega projects

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 urges adoption of policy on hiring state-owned enterprise directors

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.

Party Chief questions economic efficiency of Long Thanh Airport project

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.

Vietnam reviews public company status; major stocks risk delisting

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.

SOE profits surge 26% in 2025 amid structural recovery

State-owned enterprises on the stock market posted robust profit growth in 2025, with new policy mechanisms expected to further alter the landscape.

Double-digit GDP growth hinges on state-owned enterprises

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 79: Decentralising power, expanding public – private partnerships

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.

How Resolution 79 reshapes the role of the state economy

Resolution 79 redefines how the state should guide development, shifting from doing for the market to empowering it through strategic leadership.

Resolution 79 and the shift in SOEs' management thinking

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.

Resolution 79 and the shift in SOEs' management thinking

The issuance of Resolution 79 signifies that state-owned enterprises (SOEs) are being placed in the spotlight of the economy.

PM Pham Minh Chinh leads push for renewed state 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.

Politburo targets three State-owned enterprises among world’s top 500

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.

Vietnam moves to restructure shipbuilding giant SBIC amid broader reform push

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).

Party restructuring underway in 18 state-owned economic groups

The Politburo and Secretariat approved a plan to restructure party units across 18 major state corporations and banks.

Vietnam aims to see 30 SOEs with billion-dollar revenue by 2030

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.