Decision No. 121/2005/QĐ-TTg approves the supplementary overall restructuring and modernization plan for state-owned enterprises under the People's Committee of Bến Tre Province. The Decision directs the implementation of restructuring and modernization through forms such as shareholding, merger, and conversion to public service units.
Scope of application
Chairman of the People's Committee of Bến Tre Province; Ministry of Finance, Planning and Investment, Labour - Invalids and Social Affairs, Home Affairs and related Ministries; Steering Committee for Enterprise Modernization and Development.
Key points
- Chairman of the People's Committee of Bến Tre Province → directs the implementation of the restructuring and modernization of state-owned enterprises approved by Decision No. 52/2003/QĐ-TTg and this Decision.
- Urban Construction Company → maintain 100% state capital → convert to a Joint Stock Company with one member, implementation time is 2006.
- Waterworks and Irrigation Construction Company → maintain 100% state capital → convert to a Joint Stock Company with one member, implementation time is 2006.
- Water Supply and Drainage Company → maintain 100% state capital → convert to a Joint Stock Company with one member, implementation time is 2006.
- Consulting Construction Company → maintain 100% state capital → undergo shareholding, implementation time is 2005.
🌐 Social impact of this document
- Positive impact: Shareholding and business form transformation help improve management and operational efficiency of state-owned companies.
- Negative impact: The shareholding process may lead to changes in ownership, affecting the interests of current employees.
❓ Frequently asked questions
Which company will be subject to shareholding?
According to this Decision, the Consulting Construction Company will undergo shareholding.
What is the timeframe for implementing the restructuring forms?
Companies such as the Urban Construction Company, Waterworks and Irrigation Construction Company, and Water Supply and Drainage Company will convert to Joint Stock Companies with one member in 2006. The Consulting Construction Company will undergo shareholding in 2005.
Which company will be dissolved?
According to this Decision, the Trúc Giang Trading Company will be dissolved.
What does the Chairman of the People's Committee of Bến Tre Province need to do?
The Chairman of the People's Committee of Bến Tre Province needs to direct the implementation of the restructuring and modernization of state-owned enterprises approved by Decision No. 52/2003/QĐ-TTg and this Decision.
What responsibilities do the relevant Ministries have?
The Ministries of Finance, Planning and Investment, Labour - Invalids and Social Affairs, Home Affairs and related Ministries will coordinate with the People's Committee of Bến Tre Province in implementing this Plan.
Full text
|
PRIME MINISTER |
SOCIALIST REPUBLIC OF VIETNAM |
|
NUMBER: 121/2005/QĐ-TTg |
HA NOI, May 30, 2005 |
Pursuant to …;
REGARDING THE APPROVAL OF THE COMPLEMENTARY PROJECT FOR THE OVERALL REORGANIZATION AND MODERNIZATION OF STATE ENTERPRISES UNDER THE PEOPLE'S COMMITTEE OF BEN TRE PROVINCE
state-owned company under the People's Committee of Bến Tre Province
____________________________
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to Decision No. 155/2004/QĐ-TTg dated August 24, 2004 of the Prime Minister on issuing criteria and classification lists for state enterprises and independent accounting member companies under state corporations;
Considering the proposal of the People's Committee of Ben Tre Province (Document No. 784/TT-UB dated April 27, 2005).
DECISION:
Article 1. APPROVES THE COMPLEMENTARY PROJECT FOR THE OVERALL REORGANIZATION AND MODERNIZATION OF STATE ENTERPRISES UNDER THE PEOPLE'S COMMITTEE OF BEN TRE PROVINCE IN 2005-2006 AS ATTACHED.
Article 2. CHAIRMAN OF THE PEOPLE'S COMMITTEE OF BEN TRE PROVINCE:
1. Direct the implementation of the reorganization and modernization of state enterprises under the approved decision No. 52/2003/QĐ-TTg dated April 15, 2003 and this Decision.
2. Based on current regulations and the actual situation of the enterprise, decide the proportion of state-owned shares when selling shares for the first time at each company and subsequent sale of state-owned capital at state-owned enterprises that have been corporatized.
Article 3. The Ministries of Finance, Planning and Investment, Labor, Invalids and Social Affairs, Home Affairs and related ministries shall be responsible for coordinating with the People's Committee of Ben Tre Province in implementing this Project.
The Steering Committee for Enterprise Reform and Development shall be responsible for urging, guiding, and monitoring the implementation of this Project, and simultaneously proposing solutions to the Prime Minister to resolve difficulties during the implementation process.
Article 4. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.
THE CHAIRMAN OF THE PEOPLE'S COMMITTEE OF BEN TRE PROVINCE AND HEADS OF RELATED AUTHORITIES SHALL BE RESPONSIBLE FOR ENFORCING THIS DECISION.
|
|
DEPUTY PRIME MINISTER DEPUTY PRIME MINISTER (Signed)
Nguyen Tan Dung |
ANNEX
LIST OF STATE ENTERPRISES UNDER THE PEOPLE'S COMMITTEE OF BEN TRE PROVINCE COMPLEMENTED IN THE REORGANIZATION PROJECT FOR 2005-2006
(ISSUED TOGETHER WITH DECISION NO. 121/2005/QĐ-TTg OF THE PRIME MINISTER ON MAY 30, 2005
|
No. |
NAME OF ENTERPRISE |
FORM OF REORGANIZATION ACCORDING TO DECISION NO. 52/2003/QĐ-TTg DATED APRIL 15, 2003 |
NOW ADJUSTED |
Implementation period |
|
1 |
URBAN CONSTRUCTION COMPANY |
MAINTAIN 100% STATE CAPITAL |
JOINT STOCK COMPANY WITH ONE MEMBER |
2006 |
|
2 |
RURAL WATERWORKS AND IRRIGATION CONSTRUCTION COMPANY |
MAINTAIN 100% STATE CAPITAL |
JOINT STOCK COMPANY WITH ONE MEMBER |
2006 |
|
3 |
WATER SUPPLY AND SEWERAGE COMPANY |
MAINTAIN 100% STATE CAPITAL |
JOINT STOCK COMPANY WITH ONE MEMBER |
2006 |
|
4 |
CONSULTANCY AND CONSTRUCTION COMPANY |
MAINTAIN 100% STATE CAPITAL |
CORPORATIZE |
2005 |
|
5 |
BEN TRE MECHANICAL AGRICULTURAL AND INDUSTRIAL WORKSHOP |
MERGE |
CORPORATIZE |
2005 |
|
6 |
PORT MANAGEMENT WORKSHOP |
MERGE |
TRANSFER TO BECOME A PUBLIC SERVICE UNIT |
2005 |
|
7 |
BEN TRE FERRY WORKSHOP |
MERGE |
TRANSFER TO BECOME A PUBLIC SERVICE UNIT |
2006 |
|
8 |
TRUC GIANG TRADE COMPANY |
CORPORATIZE |
DISSOLVE |
2005 |
Relations map
Click a document to open. A red border = a relation that changes validity.
Translations
This document is available in the following languages: