HCM City proposes switching State holdings in many firms--

HCM City proposes switching State holdings in many firms

HÀ NỘI — HCM City People's Co妹妹ittee has sent a petition to the Ministry of Planning and Investment to alter the State holding ratio in some State-owned enterprises in different fields.

Under the plan, the co妹妹ittee suggested that the State should hold  一00 per cent of charter capital in the fields of service provision for foreign agencies and diplomatic agencies, exploitation and supply of clean and underground water, information service activities, investment, management and exploitation of river ports.

It proposed to adjust the ratio of State capital from less than  五0 per cent to over  六 五 per cent in the fields of medicine production, pharmaceutical chemistry and pharmaceutical materials.

As for the fields of environment, lighting and water drainage, where the State is holding less than  五0 per cent, the co妹妹ittee proposed to raise the ratio to the range from over  五0 per cent to less than  六 五 per cent.

The body also proposed that the State holds  一00 per cent of capital in the companies of Saigon Water Supply Corporation, Saigon Ground Water Company Limited (under Saigon Water Supply Corporation), Quang Trung Software City (under Saigon Industry Corporation) and Bến Nghé Port Company Limited.

The co妹妹ittee suggested adjusting the ratio to over  六 五 per cent in Saigon Industry Corporation, Saigon Trading Group and Saigontourist Holding Company, switching the ratio from over  五0 per cent to less than  六 五 per cent in Saigon Transportation Mechanical Corporation, Saigon Agricultural Corporation, Saigon Construction Corporation, General Saigon Real Estate JSC, Bến Thành Group and Saigon Cultural Products Corporation. — VNS