(VOVworld) – President Tran Dai Quang has stressed the leadership role of party organizations in state-owned enterprises.

Meeting with 60 secretaries from party cells at state-owned enterprises in Hanoi on Wednesday, the President said: “We should uphold the leadership role of party organizations and bases to effectively undertake the task of restructuring enterprises in accordance with the approved plans. Attention should be paid to personnel work and the workforce, while taking measures to overcome difficulties, develop production and apply scientific and technological advances, thus improving productivity, product quality, and production efficiency.”

President Quang said he hopes economic groups, corporations, banks, and other state companies would demonstrate their role as key forces in the State economy, contributing to building a socialist-oriented market economy. He said the State economy plays a leading role while the private economy is an important driving force and that all economic sectors are equal in cooperating and competing in accordance with the law.