Defense Ministry to restructure military businesses

Defense Ministry to restructure military businesses

The Ministry of Defense will hold 100 percent state capital at 17 military companies on behalf of the state by 2020 while the remaining companies will be equitized, restructured or dissolved if they are under performance.
Representatives of the Defense Ministry and HCMC sign the land handover agreement for Truong Chinh street expansion to reduce traffic jam for Tan Son Nhat Airport (Photo: SGGP)

Ministry hands over 7,379 s.q meters of defense land to HCMC

The Ministry of Defense yesterday handed over 7,379 square meters of defense land along Truong Chinh street for HCMC to develop traffic infrastructure, in the hope of reducing traffic jam in areas surrounding Tan Son Nhat Airport.
Minister of Defense General Ngo Xuan Lich and HCMC Party Committee secretary Nguyen Thien Nhan chaired the conference on October 14 (Photo: SGGP)

Defense Ministry to assist HCMC to solve port traffic jam

The Defense Ministry will assist HCMC to terminate land for defence purpose encroachment in the city and solve traffic jams around Tan Son Nhat Aiport and Cat Lai Seaport, announced the ministry at a meeting in HCMC yesterday.
An aircraft in Tan Son Nhat International Airport, HCMC (Photo: SGGP)

Defense Ministry terminates land lease at Tan Son Nhat Airport

The Ministry of Defense will neither sign new land lease contracts at Tan Son Nhat International Airport area nor establish join ventures to use military land for other purposes, said Deputy Minister Tran Don yesterday.
Workers making telecoms equipment at a plant of Viettel, a state-owned enterprise operated by the Ministry of Defense (Photo: SGGP)

Defense ministry to dissolve military firms purely doing business

The Ministry of National Defense will divest from or dissolve military enterprises purely doing business in fields of construction, commerce and services, affirmed Lt. Gen Nguyen Trong Nghia, deputy chairman of the General Political Department of the People's Army of Vietnam on Thursday.