Vietnam has been actively accelerating the process of restructuring its State-owned enterprises (SOEs), focusing on State-owned economic groups and corporations, with the aim to transform the economic growth model, integrating into the global economy in an active, profound and comprehensive manner. In the 2011-2015 period, the SOE restructuring was strongly and drastically implemented by ministries and branches and achieved positive results. At present, under the context and requirements of the new period, the process has been slowing down. Therefore, the Government, localities and SOEs need to focus on researching and assessing promptly the restructuring process, pointing out difficulties and challenges, to devise more concrete and powerful solutions to attain the targets and fulfil plans set for the 2016-2020 period.