The Ministry of Industry and Trade (MoIT) signed a regulation to coordinate with the Committee for Management of State Capital at Enterprises (CMSC) and the Viet Nam Bar Federation (VBF) in Ha Noi on Thurday.

Speaking at the ceremony, Minister of Industry and Trade Nguyen Hong Dien stated that the ministry had multi-sectoral state management functions in the economy, including many complex and sensitive fields.

In order to perform its functions and tasks, the ministry urgently needed the coordination and assistance of all levels and branches from the central to local levels, said the minister.

CMSC will be the direct management agency of State corporations, he said.

Appreciating the role of VBF, the minister emphasised that the federation was a professional socio-political organisation with very important functions and tasks.

MoIT and CMSC will coordinate more comprehensively and closely, especially in the fields of building, perfecting and implementing mechanisms, policies, legal regulations and projects under the management MoIT, CMSC and VBF.

The MoIT and CMSC will coordinate and direct enterprises in implementing production and business activities; and proposing solutions to solve the difficulties and problems of enterprises.

The two sides will also collect opinions from the VBF in the process of developing legal documents drafted by the Ministry of Industry and Trade.

In addition, the MoIT will consult VBF on urgent matters related to the common interests of people and businesses or under the direction of competent authorities. — VNS