Equitisation is not aimed at selling land or assets but improving the capacity and efficiency of State-owned enterprises (SOEs) to strengthen the national economy, Deputy Prime Minister Ho Duc Phoc said at a meeting in Ha Noi on October 14.

In the new era, comprehensive, holistic, and breakthrough solutions are required for state-owned enterprises (SOEs) to advance steadily on the path to development, continue to play a leading and pioneering role, and contribute to realising the goal of rapid and sustainable national growth.

The 15th National Assembly (NA) passed the Law on Management and Investment of State Capital in Enterprises and the Law amending and supplementing a number of articles of the Law on Standards and Technical Regulations at its ongoing ninth session on June 14.