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|Leader of these corporations and groups will be appointed by the Committee for State Capital Management|
Yesterday afternoon (November 15), the Ministry of Agriculture and Rural Development (MARD) and the Committee for State Capital Management have signed the memorandum handing over the rights and responsibilities of representing the state capital in five corporations. The corporations are Northern Food Corporation (Vinafood 1), Southern Food Corporation (Vinafood 2), Vietnam Rubber Group (VRG), Vietnam Forest Corporation (Vinafor), and Vietnam National Coffee Corporation (Vinacafé).
Chairman of the Committee for State Capital Management Nguyen Hoang Anh said that these five corporations and groups under the management of MARD are operated stably, holding significant assets of the country.
MARD is the last ministry handing over state-owned enterprises (SOEs) to the “Super Committee.” Previously, the ministries of Finance, Industry and Trade, Transport, Information and Telecommunications handed over 14 corporations and groups.
The 19 corporations and groups have total assets in excess of VND2.3 quadrillion ($100 billion) and have already been handed over to the Committee for State Capital Management, which is the sole representative of over VND1 quadrillion ($43.5 million) of state capital in these firms.
19 enterprises under the management of the "Super Committee"