This was announced at a meeting held by the Steering Committee on Corporate Renovation and Development in Hanoi on May 27.
Among the 16 SOEs, 10 businesses were restructured, 5 others were merged and one new business was established.
Last year, 22 SOEs were rearranged under the project.
In April 2013, the PM approved 99 out of 101 projects on SOEs rearrangement and renovation submitted by ministries and branches, localities and businesses, the committee said in a report presented at the meeting.
As of May 20, the Prime Minister has also adopted 17 out of 21 reform projects submitted by State-owned groups and corporations, including Viet Nam National Textile Garment Group, Viet Nam National Oil and Gas Group, Viet Nam Electricity Group, Viet Nam Rubber Group, and Viet Nam Airlines Corporation, among others.
Addressing the gathering, Deputy PM Vu Van Ninh, who is the head of the committee, noted that the building of mechanisms and policies on re-organizing SOES is lagging behind schedule.
He also urged those SOES that already have their re-arrangement plans approved by the PM, to speed up the work./.