Decision No. 08/1999/QĐ-BCN On the merger of Factory Number 3 for Spare Parts into Company Number 2 for Machine Spare Parts (NAKYNO) under the General Corporation of Power Machinery and Agricultural Machinery

The decision merges Factory Number 3 for Spare Parts into Company Number 2 for Machine Spare Parts under the General Corporation of Power Machinery and Agricultural Machinery. This decision specifies the new business operations of Company Number 2 for Machine Spare Parts after the merger, and assigns the responsibility to the General Director of the General Corporation to carry out the transfer of Factory Number 3 for Spare Parts in its current state.

Document No.08/1999/QĐ-BCN
Document typeDecision
Issuing authorityMinistry of Industry and Trade
Signed byĐặng Vũ Chư — Bộ trưởng
Updated01/07/2026
Issued date23/02/1999
Effective date10/03/1999
Expiry date
StatusIn effect
✦ Smart summary

The decision merges Factory Number 3 for Spare Parts into Company Number 2 for Machine Spare Parts under the General Corporation of Power Machinery and Agricultural Machinery. This decision specifies the new business operations of Company Number 2 for Machine Spare Parts after the merger, and assigns the responsibility to the General Director of the General Corporation to carry out the transfer of Factory Number 3 for Spare Parts in its current state.

Scope of application

General Corporation of Power Machinery and Agricultural Machinery, Company Number 2 for Machine Spare Parts (NAKYNO), Factory Number 3 for Spare Parts, Board of Directors of the General Corporation, Directors of related units.

Key points

  • The General Director of the General Corporation of Power Machinery and Agricultural Machinery is responsible for organizing the transfer of Factory Number 3 for Spare Parts in its current state to Company Number 2 for Machine Spare Parts (NAKYNO).
  • The new business operations of Company Number 2 for Machine Spare Parts after the merger include: production of spare parts for internal combustion engines, agricultural machinery, export mechanical products, and spare parts for various types of machines.

🌐 Social impact of this document

  • The positive impact of the merger is that it enhances the operational efficiency of Company Number 2 for Machine Spare Parts, expands production scale, and diversifies business operations.
  • The negative impact may be changes in organizational structure and management, leading to an adaptation period for employees of related units.

❓ Frequently asked questions

How does the merger of Factory Number 3 for Spare Parts into Company Number 2 for Machine Spare Parts affect?

The merger helps expand the production scale and diversify the business operations of Company Number 2 for Machine Spare Parts, but also requires an adaptation period for employees of related units.

What are the new business operations of Company Number 2 for Machine Spare Parts after the merger?

The new business operations include: production of spare parts for internal combustion engines, agricultural machinery, export mechanical products, and spare parts for various types of machines.

What responsibilities does the General Director of the General Corporation of Power Machinery and Agricultural Machinery have regarding the merger?

The General Director of the General Corporation of Power Machinery and Agricultural Machinery is responsible for organizing and directing the implementation of the transfer of Factory Number 3 for Spare Parts in its current state to Company Number 2 for Machine Spare Parts (NAKYNO).

When does this decision take effect?

This decision takes effect fifteen days after the date of issuance.

Which decision is revoked by this decision?

Decision No. 278/QĐ-TCCBĐT dated May 22, 1993 of the former Ministry of Heavy Industry is hereby revoked.

Full text

MINISTRY OF INDUSTRY

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 08/1999/QĐ-BCN
Hanoi, February 23, 1999

Pursuant to …;

Regarding the merger of Factory No. 3 for Spare Parts into Company No. 2 for Machine Spare Parts (NAKYNO) under the General Corporation of Power Machinery and Agricultural Machinery

(NAKYNO) belonging to the General Corporation of Power Machinery and Agricultural Machinery

________________________

THE MINISTER OF INDUSTRY

Pursuant to Decree No. 74/CP dated November 1, 1995 of the Government on the functions, tasks, powers, and organizational structure of the Ministry of Industry;

Pursuant to Decree No. 50/CP dated August 28, 1996 of the Government on the establishment, restructuring, dissolution, and bankruptcy of state-owned enterprises, and Decree No. 38/CP dated April 28, 1997 of the Government amending and supplementing certain provisions of Decree No. 50/CP;

At the proposal of the Board of Directors of the General Corporation of Power Machinery and Agricultural Machinery (document No. 03/MĐL-NN-TC dated January 22, 1999) and the Director of the Department of Organization and Cadres,

DECISION:

Article 1. The merger of Factory No. 3 for Spare Parts into Company No. 2 for Machine Spare Parts (NAKYNO) under the General Corporation of Power Machinery and Agricultural Machinery. Company No. 2 for Machine Spare Parts (NAKYNO) assumes the role of the Vietnamese partner in the joint venture KUMBA.

Article 2. The main business activities of Company No. 2 for Machine Spare Parts (NAKYNO) after the merger are: the production of spare parts for internal combustion engines, agricultural machinery, export mechanical products, and various types of machine spare parts.

Article 3. The General Director of the General Corporation of Power Machinery and Agricultural Machinery is responsible for organizing and directing the transfer of Factory No. 3 for Spare Parts in its current condition to the General Director of Company No. 2 for Machine Spare Parts (NAKYNO) in accordance with the regulations of the State.

Article 4. This Decision shall take effect fifteen days from the date of signature. The previous Decision No. 278/QĐ-TCCBĐT dated May 22, 1993 of the Heavy Industry Ministry is hereby repealed.

Article 5. The Head of the Office of the Ministry, the Inspector General of the Ministry, the Heads of the functional Departments of the Ministry, the Board of Directors and the General Director of the General Corporation of Power Machinery and Agricultural Machinery, the General Director of Factory No. 3 for Spare Parts, and the General Director of Company No. 2 for Machine Spare Parts (NAKYNO) are responsible for implementing this Decision./.

THE MINISTER
(Signed)
Đặng Vũ Chư
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08/1999/QĐ-BCN
Decision No. 08/1999/QĐ-BCN On the merger of Factory Number 3 for Spare Parts into Company Number 2 for Machine Spare Parts (NAKYNO) under the General Corporation of Power Machinery and Agricultural Machinery
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