Decision No. 09/2006/QD-BCT of the Ministry of Industry approving the Charter of Organization and Operation of Phong Phu Textile Company, an independent accounting member company under Vietnam Textile and Garment Corporation. The Decision shall take effect fifteen days from the date of publication in the Official Gazette.
Key points
- Phong Phu Textile Company → organize and operate according to the parent company - subsidiary model of Vietnam Textile and Garment Corporation
🌐 Social impact of this document
- Positive impact: Phong Phu Textile Company will operate according to the parent company - subsidiary model, helping to improve management efficiency and production development.
- Negative impact: No specific impact on people/businesses is mentioned in the document.
❓ Frequently asked questions
How does Phong Phu Textile Company operate according to the parent company - subsidiary model?
According to the Decision, Phong Phu Textile Company is an independent accounting member company of Vietnam Textile and Garment Corporation, organizing and operating according to the parent company - subsidiary model.
When does this Decision come into effect?
This Decision shall take effect fifteen days from the date of publication in the Official Gazette.
Who owns Phong Phu Textile Company?
Phong Phu Textile Company is an independent accounting member company of Vietnam Textile and Garment Corporation, managed by the Ministry of Industry.
To whom does this Decision apply?
This Decision applies only to Phong Phu Textile Company and does not mention other subjects.
What rights and responsibilities does Phong Phu Textile Company have under this Decision?
According to the Decision, Phong Phu Textile Company is organized and operates according to the parent company - subsidiary model of Vietnam Textile and Garment Corporation.
Full text
Pursuant to …;
Regarding the approval of the Charter on organization and operation of
Phong Phu Textile Company
___________
THE MINISTER OF INDUSTRY
Pursuant to Decree No. 55/2003/ND-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/ND-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 Vietnam Textile and Garment Holding Corporation (Proposal No. 406/TT-HĐQT dated April 5, 2006);
At the recommendation of the Director of the Personnel and Organization Department,
Pursuant to …;
Article 1. Approves the attached Charter on organization and operation of Phong Phu Textile Company, an independent accounting subsidiary of Vietnam Textile and Garment Holding Corporation operating under the parent company-subcompany model.
Article 2. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.
The Heads of the Ministry's Office, Inspectorate, Departments, and Bureaus, the Chairman of the Board of Directors, General Director of Vietnam Textile and Garment Holding Corporation, and General Director of Phong Phu Textile Company are responsible for implementing this Decision./.
DEPUTY MINISTER
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