Decision No. 1053/QD-TTg approves the plan for restructuring and modernizing state-owned enterprises with 100% state capital under the People's Committee of Tien Giang Province for the period 2007-2009. The plan includes converting enterprises into limited liability companies with one member and equitizing enterprises.
Scope of application
People's Committee of Tien Giang Province, Ministries of Finance, Planning and Investment, Home Affairs, Labor, War Invalids and Social Affairs, Steering Committee for Enterprise Modernization and Development, Chairman of the People's Committee of Tien Giang Province.
Key points
- Tien Giang Waterworks Company will be converted into a limited liability company with one member in 2007
- Tien Giang Lottery Company will be converted into a limited liability company with one member in 2008
- In 2007: My Tho Port and Tien Giang Livestock Breeding Company will be equitized
- In 2009: Tien Giang Rural Water Supply and Exploitation Company, Tien Giang Water Supply and Drainage Company, Go Cong Town Construction Works Company, My Tho City Construction Works Company will be equitized
- The Chairman of the People's Committee of Tien Giang Province directs the implementation according to the approved content and schedule
🌐 Social impact of this document
- Positive impact: Enhancing management efficiency and improving the competitiveness of state-owned enterprises
- Negative impact: May cause instability during the transition process, affecting workers' rights
❓ Frequently asked questions
Which companies will be converted into limited liability companies with one member?
Tien Giang Waterworks Company and Tien Giang Lottery Company will be converted into limited liability companies with one member in 2007 and 2008 respectively
In which year will which enterprises proceed with equitization?
My Tho Port and Tien Giang Livestock Breeding Company will be equitized in 2007, while Tien Giang Rural Water Supply and Exploitation Company, Tien Giang Water Supply and Drainage Company, Go Cong Town Construction Works Company, My Tho City Construction Works Company will be equitized in 2009
How many enterprises under the People's Committee of Tien Giang Province are approved in the plan?
A total of eight enterprises under the People's Committee of Tien Giang Province are approved in the plan: Tien Giang Waterworks Company, Tien Giang Lottery Company, My Tho Port, Tien Giang Livestock Breeding Company, Tien Giang Rural Water Supply and Exploitation Company, Tien Giang Water Supply and Drainage Company, Go Cong Town Construction Works Company, My Tho City Construction Works Company
What responsibilities does the Chairman of the People's Committee of Tien Giang Province have?
The Chairman of the People's Committee of Tien Giang Province must direct the implementation of the restructuring and modernization of state-owned enterprises with 100% state capital according to the approved content and schedule. Any adjustments or supplements require approval from the Prime Minister.
Which Ministries are responsible for coordinating with the People's Committee of Tien Giang Province?
Ministries of Finance, Planning and Investment, Home Affairs, Labor, War Invalids and Social Affairs, and relevant agencies are responsible for coordinating with the People's Committee of Tien Giang Province in implementing this Decision.
Full text
Pursuant to …;
Approving the plan for restructuring and modernizing state-owned enterprises with 100% state capital under the People's Committee of Tien Giang Province for the period 2007-2009
____________________
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to the Law on State-Owned Enterprises dated November 26, 2003;
Pursuant to the Enterprise Law dated November 29, 2005;
Pursuant to Decision No. 38/2007/QD-TTg dated March 20, 2007 of the Prime Minister on issuing criteria and classification lists for state-owned enterprises with 100% state capital;
Considering the proposal of the People's Committee of Tien Giang Province,
DECISION:
Clause 4 of Article 6Approves the plan for restructuring and modernizing state-owned enterprises with 100% state capital under the People's Committee of Tien Giang Province for the period 2007-2009 as follows:
1. Convert into limited liability companies with one member:
- Tien Giang Waterworks Company (in 2007).
- Tien Giang Lottery Company (in 2008).
2. Shareholding reform:
a) In 2007
- My Tho Port.
- Tien Giang Livestock Breeding Company.
b) In 2009:
- Tien Giang Rural Water Supply and Exploitation Company.
- Tien Giang Water Supply and Drainage Company.
- Go Cong Urban Construction Company.
- My Tho City Urban Construction Company.
12/2025/TT-BNNMT dated June 19, 2025 issued by the Minister of Agriculture and EnvironmentThe Chairman of the People's Committee of Tien Giang Province shall be responsible for:
1. Directing the implementation of the restructuring and modernization of state-owned enterprises with 100% state capital according to the approved content and schedule and in accordance with the provisions of the law. Any adjustments must be approved by the Prime Minister.
2. Using Decision No. 38/2007/QD-TTg dated March 20, 2007 of the Prime Minister on issuing criteria and classification lists for state-owned enterprises with 100% state capital to determine the percentage of shares held by the state in the shareholding companies.
Article 3. The Ministries of Finance, Planning and Investment, Home Affairs, Labor, Invalids and Social Affairs and related agencies shall be responsible for coordinating with the People's Committee of Tien Giang Province in implementing this Decision.
The Steering Committee for Enterprise Modernization and Development shall be responsible for directing, urging, guiding, and monitoring the implementation.
This Decision takes effect from the date of issuance. The Chairman of the People's Committee of Tien Giang Province and the heads of relevant agencies are responsible for enforcing this Decision./.
DEPUTY PRIME MINISTER
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