Decision No. 129/2004/QĐ-TTg approves the project to establish the Hanoi Trading Corporation (HAPRO) under the holding company-subsidiary model, with the goal of multi-sector business operations focusing on trade and production processing of agricultural products and foodstuffs. This decision stipulates the organizational structure of HAPRO and its subsidiaries, and assigns tasks to relevant agencies.
핵심 사항
- The Hanoi Trading Corporation (HAPRO) was formed from the Hanoi South Production Services and Import-Export Company, with a Board of Directors, Supervisory Board, General Director, Deputy General Directors, Chief Accountant, and supporting staff.
- Subsidiaries of HAPRO include 13 limited liability companies and 12 joint-stock companies operating in various fields such as food, import-export, trade, and agricultural product-foodstuff production.
- HAPRO will conduct accounting and invest capital in subsidiaries according to the Articles of Organization and Operation and the Pilot Financial Regulations approved.
- The Chairman of the People's Committee of Hanoi City is responsible for directing the implementation of the project and executing related decisions.
- This decision shall take effect 15 days after publication in the Official Gazette.
🌐 이 문서의 사회적 영향
- Positive impact: HAPRO will enhance its capability in multi-sector business operations, particularly in trade and production processing of agricultural products and foodstuffs, contributing to local economic development.
- Negative impact: There may be high initial costs for restructuring organization and management, while ensuring transparency in the process of auctioning land use rights is necessary.
❓ 자주 묻는 질문
From which company was HAPRO established?
The Hanoi Trading Corporation (HAPRO) was formed from the Hanoi South Production Services and Import-Export Company under the Hanoi Department of Trade.
Which companies are subsidiaries of HAPRO?
Subsidiaries of HAPRO include 13 limited liability companies and 12 joint-stock companies, specifically including the Hanoi Food Company, the Hanoi Import-Export and Investment Company, the Hanoi Joint-Stock Trading Company, the Hanoi Joint-Stock Department Store Company, etc.
Under which model will HAPRO operate?
HAPRO will operate under the holding company-subsidiary model, conducting accounting and investing capital in subsidiaries according to the Articles of Organization and Operation and the Pilot Financial Regulations approved.
What is the responsibility of the Chairman of the People's Committee of Hanoi City?
The Chairman of the People's Committee of Hanoi City is responsible for directing the implementation of the project, deciding on the establishment of the holding company and subsidiaries, and auctioning off non-strategic land use rights to increase the registered capital of the holding company.
When does this decision take effect?
This decision shall take effect 15 days after publication in the Official Gazette.
전문
Pursuant to …;
Regarding the establishment of the Hanoi Trading Corporation for pilot operation under the holding company - subsidiary model
model Parent Company - Subsidiary Company
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to the State Enterprise Law dated November 26, 2003;
Pursuant to the Enterprise Law dated June 12, 1999;
Considering the proposal of the People's Committee of Hanoi City,
DECISION:
Article 1. Approves the project on establishing the Hanoi Trading Corporation for pilot operation under the holding company - subsidiary model, engaging in diversified business activities, with the main industry being trading and production, processing agricultural and food products, contributing to effectively implementing the planning for the development of the trading sector until 2010 with consideration up to 2020 of Hanoi City.
1. The holding company - Hanoi Trading Corporation (HAPRO) is a state-owned enterprise, formed based on the restructuring of the Nam Hanoi Production Service and Import Export Company under the Hanoi Commerce Department.
- The management structure of the holding company includes: Board of Directors, Supervisory Board, General Director, Deputy General Directors, Chief Accountant, and supporting staff.
- The holding company is responsible for inheriting all legitimate rights and obligations of the former Nam Hanoi Production Service and Import Export Company.
2. Subsidiaries are limited liability companies with 100% capital contribution by the holding company, and joint-stock companies with controlling stake by the holding company, including:
a) Limited liability companies:
- Hanoi Food Company,
- Hanoi Import Export and Investment Company (including Hanoi Trade and Packaging Company, Hanoi Comprehensive Import Export Trade Company, Hanoi Consumer Goods and Handicraft Import Export Company merged pursuant to Decision No. 86/2003/QĐ-TTg dated May 7, 2003 of the Prime Minister).
b) Joint-stock companies:
- Hanoi Trading Joint-Stock Company,
- Hanoi Import Export Trading Joint-Stock Company,
- Hanoi Department Store Joint-Stock Company,
- Hanoi Agricultural Products Production and Import Export Joint-Stock Company (including Dong Da Hotel Trade Company merged pursuant to Decision No. 86/2003/QĐ-TTg dated May 7, 2003 of the Prime Minister),
- Hanoi Fashion Trading Service Joint-Stock Company,
- Trang Thi Trading Service Joint-Stock Company,
- Hanoi Comprehensive Trading and Service Joint-Stock Company (Servico),
- Thuỷ Tạ Joint-Stock Company,
- Cuu Long Joint-Stock Company,
- Southern No. 5 Department Store Joint-Stock Company,
- Hanoi Construction Materials Joint-Stock Company,
- Nam Hanoi Import Export Joint-Stock Company (SIMEX),
- Hapro - Bat Trang Porcelain Joint-Stock Company.
3. Other companies with capital contributions from the holding company:
- Thang Long Joint-Stock Company,
- Dong A Joint-Stock Company,
- VIEXIM Development Import Export and Investment Joint-Stock Company,
- Traditional Hapro Food Joint-Stock Company,
- Hapro Bamboo Curtain Joint-Stock Company - Binh Minh,
- Hapro Wine and Herbal Joint-Stock Company.
4. The Hanoi Trading Corporation operates under the holding company - subsidiary model, implementing accounting for business operations and investment in subsidiaries and other companies according to the Articles of Organization and Operation and Financial Regulations approved by competent state authorities.
Article 2. Assignment of tasks:
1. The Minister of Finance approves the financial regulations of the Hanoi Trading Corporation based on the proposal of the People's Committee of Hanoi City.
2. Chairman of the People's Committee of Hanoi City:
- Directs the implementation of the project; decides on the establishment of the holding company; and the subsidiaries mentioned in Article 1 of this Decision in accordance with current regulations.
- Directs the implementation in accordance with current regulations of the auction sale of land use rights at certain locations without strategic significance managed by the Corporation to increase the registered capital of the holding company.
- Studies reducing the number of small-scale subsidiaries operating in the same main business sector; transferring some production and processing enterprises of agricultural and food products, food technology to become subsidiaries of the Hanoi Trading Corporation to increase the proportion of self-produced goods.
- Proposes the Prime Minister to approve the Articles of Organization and Operation of the holding company.
Article 3. 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 Hanoi City, Ministers of Finance, Planning and Investment, Home Affairs, Labor - War Invalids and Social Affairs, Trade, Governor of the State Bank of Vietnam, and relevant agencies are responsible for enforcing this Decision./.
VICE-PRESIDENT OF THE GOVERNMENT
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