Decision No. 01/2006/QD-BCN amends Clause 2 of Article 20 of the Charter on Organization and Operation of Ha Noi Textile - Garment Corporation issued together with Decision No. 04/2005/QD-BCN dated February 16, 2005, of the Minister of Industry regarding the approval of the Charter on Organization and Operation of Ha Noi Textile - Garment Corporation.

Pursuant to …;

Amend Clause 2 of Article 20 of the Charter on Organization and Operation of the Hanoi Textile-Clothing Company issued together with Decision No. 04/2005/QĐ-BCN dated February 16, 2005 of the Minister of Industry regarding the approval of the Charter on Organization and Operation of the Hanoi Textile-Clothing Company.

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THE MINISTER OF INDUSTRY

Pursuant to Decree No. 55/2003/NĐ-CP dated May 28, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry;

Pursuant to Decree No. 153/2004/NĐ-CP dated August 9, 2004 of the Government on the organization and management of state-owned holding corporations and the transformation of state-owned holding corporations and independent state-owned companies into parent company-subcompany models;

Considering the proposal of the Board of Directors of the Vietnam National Textile and Garment Corporation (Proposal No. 127/TT-HĐQT dated February 10, 2006);

At the proposal of the Director of the Personnel and Organization Department

Pursuant to …;

Article 1. Amend Clause 2 of Article 20 of the Charter on Organization and Operation of the Hanoi Textile-Clothing Company issued together with Decision No. 04/2005/QĐ-BCN dated February 16, 2005 of the Minister of Industry regarding the approval of the Charter on Organization and Operation of the Hanoi Textile-Clothing Company as follows:

"2. To decide on investment projects, capital contributions for purchasing shares of other companies, and the sale of assets of Hanosimex within the scope of the authority limits permitted by Vinatex and recorded in the Charter and Financial Regulations of Hanosimex, in Vietnamese dong or equivalent foreign currency but not exceeding 30% of the total asset value recorded in Hanosimex's accounting books."

Article 2. This Decision takes effect fifteen days from the date of publication in the Official Gazette.

The Head of the Ministry’s Office, the Inspector General of the Ministry, Heads of Departments and Bureaus under the Ministry, the Chairman of the Board of Directors, the General Director of the Vietnam National Textile and Garment Corporation, and the General Director of the Hanoi Textile-Clothing Company are responsible for implementing this Decision./.