Vietnam PM asks major groups, corporations to turn higher profit

Vietnam PM asks major groups, corporations to turn higher profit

State-owned groups and corporations with large resources that take on important missions must restructure to become profitable, thus contributing more to the country’s GDP growth and budget revenue, said Prime Minister Pham Minh Chinh on Monday.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Revenue of 19 state-run groups, corporations equal to 20% of Vietnam GDP

Revenue of 19 state-run groups, corporations equal to 20% of Vietnam GDP

Nineteen business groups and corporations under Vietnam's Commission for the Management of State Capital at Enterprises (CMSC) reported revenue of nearly $82 billion last year, equivalent to 20% of Vietnam’s GDP.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7