Vietnam SOE stakeholders call for more autonomy

In the government’s regular meeting in January, Prime Minister Pham Minh Chính assigned CMSC the task of streamlining SOEs to improve their performance in line with what was recommended in the Economic Restructuring Plan for 2021 to 2025. — Reuters

HANOI: Stakeholders are calling for a new decision-making mechanism for state-owned enterprises (SOEs) that will allow them to operate more independently.

According to an SOE representative, they do not operate autonomously but rather on orders from higher up.