Legal requirements for information disclosure and transparency in the equitization of SOEs
According to a government report, during 2011-15, 508 SOEs were equitized. The speed of equitizing big SOEs has been recognized to increase significantly over the past five years. As of October 2016, there remained 718 companies in which the State held 100% of charter capital. For the period from 2016 to 2020, the Government has identified enterprises where the State holds 100% of capital and dominant shares, including those operating in key industries, important geographical areas, and security and defense fields, applying high technologies, requiring large-scale investment and creating socio-economic impetus that lack investment from other sources.
Legal requirements for information disclosure and transparency in management of state-owned enterprises
SOEs are holding key industries and sectors of the economy, such as construction, transport, oil and gas, communication, telecommunications, and production of industrial and consumable goods. As of October 2016, there were in total 718 enterprises in which the State holds 100% of the charter capital. SOEs hold not only key industries and sectors but also large resources.
Citizens more satisfied with health insurance coverage, but more concerned about the environment: 2016 PAPI Report
Findings from the 2016 PAPI Report, released on April 4, 2017, show positive trends in public service delivery. However, citizens are more concerned about the environment than in past years, and weaknesses remain in citizen engagement in decision-making, government accountability, and control of corruption in the public sector.
Anti-corruption lessons learnt from King Le Thanh Tong
King Le Thanh Tong left glorious imprints on the Vietnamese history. After 38 years on the throne, from 1460 to 1497, he bequeathed great treasures in all political, economic, social, legal, military and diplomatic aspects. They include two valuable lessons for the ongoing anti-corruption work in Vietnam, that is, “building a clean administration” and “fighting corruption by law”.