Decision No. 1225/QD-TTg approves the restructuring and modernization plan for state-owned enterprises under the People's Committee of Nam Dinh Province for the period 2007-2010. These enterprises will be converted into Limited Liability Companies with one member or continue to consolidate production and business operations.
Scope of application
State-owned enterprises under the People's Committee of Nam Dinh Province
Key points
- The Nam Dinh Environment Company, the Nam Dinh Urban Construction Company, and the Nam Dinh Water Supply Company will be converted into Limited Liability Companies with one member in 2007.
- The Nam Dinh Lottery Company, the Hai Ha Irrigation Works Exploitation Company, Nghia Hung, Nam Ninh, Xuan Thuy, Yen Khanh, Vu Ban, and My Thanh companies will be converted into Limited Liability Companies with one member in 2008.
- Rang Dong Farm and Bach Long Farm will continue to consolidate and improve the efficiency of their production and business operations.
- The Chairman of the People's Committee of Nam Dinh Province directs the implementation of the restructuring and modernization of state-owned enterprises under its direct jurisdiction according to the approved content and schedule.
- Relevant Ministries and agencies are responsible for coordinating with the People's Committee of Nam Dinh Province in implementing the plan.
🌐 Social impact of this document
- Positive impact: Improved management efficiency and enhanced competitive capacity of state-owned enterprises.
- Negative impact: Potential labor instability during the restructuring process.
❓ Frequently asked questions
Which companies will be converted into Limited Liability Companies with one member?
The Nam Dinh Environment Company, the Nam Dinh Urban Construction Company, and the Nam Dinh Water Supply Company in 2007; the Nam Dinh Lottery Company, the Hai Ha Irrigation Works Exploitation Company, Nghia Hung, Nam Ninh, Xuan Thuy, Yen Khanh, Vu Ban, and My Thanh companies in 2008.
Which companies will continue to consolidate production and business operations?
Rang Dong Farm and Bach Long Farm will continue to consolidate and improve the efficiency of their production and business operations.
Who is responsible for directing the implementation of the restructuring and modernization of state-owned enterprises?
The Chairman of the People's Committee of Nam Dinh Province is responsible for directing the implementation of the restructuring and modernization of state-owned enterprises under its direct jurisdiction according to the approved content and schedule.
What role do relevant Ministries and agencies play in implementing the plan?
Relevant Ministries: Finance, Planning and Investment, Home Affairs, Labor-Veterans and Social Affairs, and related agencies are responsible for coordinating with the People's Committee of Nam Dinh Province in implementing the plan.
When does this decision take effect?
This decision takes effect from the date of signature.
Full text
Pursuant to …;
Approving the restructuring and modernization plan for state-owned enterprises under the People's Committee of Nam Dinh Province for the period 2007-2010
_________________________
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 Decision No. 38/2007/QĐ-TTg dated March 20, 2007 of the Prime Minister on issuing criteria and classification list for 100% state-owned enterprises;
Considering the proposal of the People's Committee of Nam Dinh Province,
DECISION:
Article 1. Approves the restructuring and modernization plan for state-owned enterprises under the People's Committee of Nam Dinh Province as follows:
1. Convert into a Joint Stock Company with 100% state capital for the following companies:
a) To be implemented in 2007:
- Nam Dinh Environmental Company;
- Nam Dinh Urban Construction Company;
- Nam Dinh Water Supply Company.
b) To be implemented in 2008:
- Nam Dinh Lottery Company;
- Ha Hau Hydraulic Works Exploitation Company;
- Nghia Hung Hydraulic Works Exploitation Company;
- Nam Nin Hydraulic Works Exploitation Company;
- Xuan Thuy Hydraulic Works Exploitation Company;
- Yen Khanh Hydraulic Works Exploitation Company;
- Vu Ban Hydraulic Works Exploitation Company;
- My Thanh Hydraulic Works Exploitation Company.
2. Continue to consolidate and improve production and business efficiency for the following companies:
- Rang Dong Farm;
- Bach Long Farm.
Article 2. The Chairman of the People's Committee of Nam Dinh Province directs the implementation of the restructuring and modernization of state-owned enterprises directly under its jurisdiction according to the approved content and schedule.
Article 3. The Ministries of Finance, Planning and Investment, Home Affairs, Labor, War Invalids and Social Affairs, and related agencies shall be responsible for coordinating with the People's Committee of Nam Dinh Province in implementing the above plan.
The Steering Committee for Enterprise Modernization and Development shall be responsible for supervising, guiding, and monitoring the implementation.
Article 4. This Decision shall take effect from the date of signing.
The Chairman of the People's Committee of Nam Dinh Province and heads of related agencies shall be responsible for enforcing this Decision./.
DEPUTY PRIME MINISTER
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