PM urges State corporations to help attain set GDP
17:55', 24/2/ 2008 (GMT+7)

The Prime Minister on February 22 asked State-owned corporations and economic groups to play the core in attaining the GDP growth rate target of 8.5 percent set for this year.

Meeting with leaders of economic groups and State-owned corporations in Ha Noi, PM Nguyen Tan Dung affirmed State-owned enterprises have made immense contributions to national growth and stabilised macro-economy.

The PM stated that the Government will create favourable conditions in terms of procedures for State-owned projects to be carried out rapidly and effectively.

He urged State-owned enterprises to continue speeding up equitisation, perfecting the holding company model and establishing economic groups to further sharpen their competitive edge and improve management.

In 2007, 109 State-owned corporations accounted for 39 percent of the country’s GDP and 80 percent of the total national capital.

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