State businesses need strategic vision in management: PM
Prime Minister Nguyen Xuan Phuc has asked State-run enterprises to further improve administration capacity and have a strategic vision for stronger development.
Prime Minister Nguyen Xuan Phuc attends the 10th founding anniversary of the Party Committee of the Central Businesses Bloc (CBB) (Photo: VNA)
Hanoi (VNA) – Prime Minister NguyenXuan Phuc has asked State-run enterprises to further improve administrationcapacity and have a strategic vision for stronger development.
He made the request while attending the 10thfounding anniversary of the Party Committee of the Central Businesses Bloc(CBB) in Hanoi on April 11.
The leading mission of the CBB Party Committeeis helping State-owned businesses develop and fulfil political tasks entrustedby the Party and State, he said.
He acknowledged the committee’s significantcontributions to the national development over the past decade, saying Statecompanies contributes 26-30 percent of the gross domestic product (GDP) andserve as an important tool of the State to stabilise the macro economy and boostgrowth.
Mentioning its shortcomings in personnel workover the past time, the Government leader stressed that enterprises will onlysucceed if personnel work is done well.
State businesses should learn from experience ininvestment and capital management, labour productivity improvement, brandbuilding and business administration, he said.
He also underlined the crucial role of the Stateeconomy, which makes up at least 15-35 percent of GDP, saying that the developmentof the State economy is imperative to successfully build a socialist-orientedmarket economy.
In the context of the fourth industrialrevolution, the PM urged State companies to pioneer in the field to accelerateinternational integration.
He said science-technology development is a bigissue in Party leadership as it is key to businesses’ success.
The Government leader requested State firms to improvetheir role and capacity to fulfil political missions, including the Partybuilding and thrift practice.-VNA
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Prime Minister Nguyen Xuan Phuc attends the 10th founding anniversary of the Party Committee of the Central Businesses Bloc (CBB) (Photo: VNA)
