HO CHI MINH CITY: Ho Chi Minh (HCM) City plans to restructure all state-owned enterprises (SOEs) after 2025 to form and develop leading economic conglomerates.
Municipal People’s Committee chairman Phan Van Mai said the restructuring of SOEs, including companies with state capital, would create a new driving force for these businesses to renew their growth models and enhance growth quality to improve economic competitiveness.
