Society

As the restructuring of State-owned enterprises (SOEs) is one of the priorities of the government, the Prime Minister has issued Decision No. 22/2021/QD-TTg, which stimulates the speed of SOE restructuring by promulgating classification criteria and emphasizing decentralization. It is expected that some 1,500 SOEs will be restructured to 2025. Vietnam should take note of China’s approach to such restructuring, towards “grasping the large, letting go of the small”. The reason for this is the similarities in governance, with Vietnam’s Commission for the Management of State Capital at Enterprises (CMSC) and State Capital Investment Corporation (SCIC) being similar to China’s State-owned Assets Supervision and Administration Commission (SASAC). SOE restructuring in China has been quite successful in recent times thanks to the application of core strategies, including the merging of large enterprises into corporations.

The Norwegian Embassy has signed a cooperation agreement with the United Nations Development Program (UNDP) on sponsoring $1.3 million for waste management and treatment projects in Vietnam.

On June 20, The Commission for Foreign Relations of the Party Central Committee along with The Ministry of Foreign Affairs (MOFA) and The Ministry of Health (MOH) received 500,000 doses of Sinopharm’s Vero-Cell vaccine and 502,400 disposable syringes from China.

The Ministry of Health has planned to buy 150 million doses of vaccine for about 70 million Vietnamese citizen in order for Vietnam to achieve the community immunity goal by the end of 2021 to the beginning of 2022.

UNICEF and the STEAM for Vietnam Foundation have just signed a cooperation agreement to help Vietnamese children have equal learning opportunities in the field of STEAM.