Prime Minister

Vietnam's 19 top state-owned corporations made collective VND83.17 trillion (US$3.526 billion) in pre-tax profits last year, but Prime Minister Pham Minh ...

Several units are afraid of taking risks and so have tended to avoid initiating new projects, the report said. He said the state-owned giants had not fully utilized their resources, as their pre-tax profit was only 75% of 2018’s numbers. According to the Ministry of Investment and Planning, state-owned corporations have failed to play a leading role in investment to raise the competitiveness of the Vietnamese economy.