The Conference of the Government Standing Committee with State-owned enterprises (SOEs) nationwide on solutions to promote production, business, investment and development.
The Prime Minister stated 6 guiding viewpoints and 12 key tasks in the coming time for State-owned enterprises to promote their pioneering, leading, and paving the way role.
Conference taking place on morning of September 14 at Government Office and connecting online to 63 localities
Speaking at the conference, EVN’s Chairman of the Board of Directors Dang Hoang An stated that EVN has been focusing on three key tasks: ensuring electricity supply; attempting to get financial balance; implementing investment and construction plans.
Regarding electricity supply, EVN has proactively prepared solutions to ensure electricity supply from August to the end of 2023 and 2024. Regarding difficulties in financial balance, EVN has been focusing on implementing many internal solutions such as: optimizing costs, optimizing dispatching, cutting redundant costs to diminish financial difficulties, etc.
The Chairman of EVN's Board of Directors said that under the direction of the Prime Minister and Deputy Prime Ministers, EVN expects to gradually attain financial balance in the coming time.
Chairman of EVN's Board of Directors Dang Hoang An speaking at conference
As for investment - construction activities, although EVN is still among the largest investment groups and corporations this year (with a value of VND 94,860 billion), this number is much lower than previous years. EVN used to invest up to VND 120,000 billion VND in some years. However, EVN has been confronted with a lot of obstacles in investment activities.
Energy investments are essential infrastructure invesments, which are normally capital intensive and have long capital recovery period; whereas there is not a specific mechanism for energy investment in the current legislative system. Therefore, a specific mechanism for the energy sector should be made available.
The EVN leader proposed that there should be a mechanism for the Board of Directors of groups to be authorized, decentralized at a higher level, and they in turn can further decentralize to member units, given the spirit of decentralization with corresponding accountability. Internal regulations of groups should be amended and supplemented, and there should be a scheme to protect employees who are devoted and impartial. Therefore, EVN hopes the Government will soon issue a Decree on this issue.