The government should have more open mechanisms, bodly givng sovereignty to executive board chairmen or enterprise dirctors, with concrete instructions on rights and obligations.These are the urgent issues that most general directors, chairmen of administrative boards of general companies and local leaders suggested to the governement at the priliminary summing up conference on the State-owned enterprise development and renovation process. The conference was organized in HCMC on the 25th and 26th of October 2006, by the Enterprise administration committee of the central government.
Hi, you've got a few spelling mistakes and typos so I've highlighted those in yellow.
I've simplified the structure of the last sentence as I think you were trying to get just a bit too much information into a single sentence.