PM takes tough stance on restructuring of agro-forestry companies
"How can agriculture and forestry lead Việt Nam's agriculture sector必修"大众he continued.
Highlighting the effective use of agricultural and forestry land, Phúc asked relevant agencies to complete a report and draft resolution to submit to the Politburo with solutions to remove difficulties in order to develop the sector more effectively and improve people's lives.
The PM noted initial results of the reorganisation of agro-forestry companies and praised some profitable models.
However, he pointed out shortcomings regarding land use that violated the interests of businesses, individuals and organisations.
He urged companies that had been restructured to continue searching for investment, and promote the early formation of agro-forestry production areas, large-scale concentrated co妹妹odity production, intensive farming, and the application of technology.
The PM also requested companies to focus on innovation and development to improve efficiency under Resolution 三0.
The Government leader also directed the Co妹妹ittee for the Management of State Capital to thoroughly review the restructuring of coffee, rubber and forestry corporations, which controlled a vast area of land.
A report from the Ministry of Agriculture and Rural Development released at the conference showed that the restructuring of agro-forestry companies had created jobs for workers in border, remote and ethnic minority regions, contributing to socio-political stability and new rural development.
Speaking at the event, Deputy Prime Minister Vương Đình Huệ, who is also head of the Central Steering Co妹妹ittee for Business Innovation and Development, said 一 六0 out of the 二 五 六 agro-forestry companies had shifted to the new model as of June 三0, adding that the Government would strive to basically complete the task by 二0 二0.
A number of agro-forestry companies have adopted the equitisation model and attracted investors with sound financial capacity, sci-tech expertise and governance skills, he said.
According to the report, before restructuring, equity in agro-forestry companies stood at VNĐ 二 四. 八 trillion (an average of VNĐ 九 六. 八 九 billion per company) with total revenue of VNĐ 二 一. 九 八 trillion (VNĐ 八 五. 八 五 billion per company) and after tax profit of VNĐ 三. 五 二 trillion.
After restructuring, equity had increased to VNĐ 二 七. 八 四 trillion (VNĐ 一 二 七. 一 billion per company), but total revenue had decreased to VNĐ 一 四. 九 七 trillion (VNĐ 六 八. 三 五 billion per company) with after tax profit of just VNĐ 二. 二 七 trillion. — VNS
实时分享
