Decree No. 127/SL abolishes the previous decree on the basic principles of state enterprises and promulgates new regulations concerning management, purpose of operation, and autonomy in business for these enterprises. The document applies during the resistance period.
Scope of application
Prime Minister, Ministers of Ministries, and General Director of the National Bank of Vietnam
Key points
- State enterprises are business organizations aimed at building foundations for the people's democratic economy.
- Workers and staff of state enterprises are managed through Enterprise Management Committees pursuant to Decree No. 128-SL.
- State enterprises are autonomous business units with capital (details unclear in the text).
- The decree abolishes Decree No. 104/SL dated January 1, 1948, amended.
- The Prime Minister issues the charter for state enterprises based on the basic principles set forth in this decree.
🌐 Social impact of this document
- Establishing a legal basis for the management and operation of state enterprises during the resistance period.
- Clearly defining the purpose and business autonomy of state enterprises, contributing to the construction of the people's democratic economy.
- Abolishing the old decree may cause changes in management and operations for state enterprises established under previous regulations.
❓ Frequently asked questions
What decree does Decree No. 127/SL abolish?
Decree No. 104-SL dated January 1, 1948, amended by Decree No. 9-SL dated February 25, 1949.
What is the purpose of operation of state enterprises according to this decree?
To build foundations for the people's democratic economy.
How are state enterprises managed?
Through Enterprise Management Committees pursuant to Decree No. 128-SL.
Full text
DECREE
NUMBER 127/SL DATE NOVEMBER 4, 1952
OF THE PRESIDENT OF THE DEMOCRATIC REPUBLIC OF VIETNAM
THE PRESIDENT OF THE DEMOCRATIC REPUBLIC OF VIETNAM
Pursuant to Decree No. 104-SL dated January 1, 1948 amended by Decree No. (?) dated February 25, 1949 establishing fundamental principles for state enterprises;
Pursuant to Decree No. 182-SL dated November 4, 1952 regulating the management (?) of state enterprises;
At the proposal of the Minister of Finance and the Minister of Industry and Trade;
In accordance with the resolution of the Council of Ministers and after the Standing Committee of the National Assembly agreed;
ISSUES THE DECREE:
Article 1
Now abolishes Decree No. 104 dated January 1, 1948 amended by Decree No. 9-SL dated February 25, 1949 establishing fundamental principles for state enterprises.
Article 2
During the resistance war, the Prime Minister issued a charter for state enterprises based on the following fundamental principles:
State enterprises are business organizations aimed at building foundations for a people's democratic economy.
Workers and staff of state enterprises shall be managed through enterprise management committees established by Decree No. 128-SL.
State enterprises are autonomous business units with capital...(?)
Article 3. The Prime Minister, Ministers of various Ministries, and the General Director of the National Bank of Vietnam shall implement this decree.
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