Decision No. 140/2005/QD-TTg On approving the adjustment of the restructuring and renewal plan for some state-owned companies under the People's Committee of Nghe An Province

Decision No. 140/2005/QD-TTg approves the adjustment of the restructuring and renewal plan for some state-owned companies under the People's Committee of Nghe An Province. These companies will be converted into a single-member limited liability company or undergo varying degrees of shareholding reform, while also potentially being dissolved or declared bankrupt.

文号140/2005/QĐ-TTg
文件类型Decision
发布机关Central Account
签署人Nguyễn Tấn Dũng — Phó Thủ tướng
更新29/06/2026
领域Uncategorized
发布日期13/06/2005
生效日期04/07/2005
失效日期
状态In effect
✦ 智能摘要

Decision No. 140/2005/QD-TTg approves the adjustment of the restructuring and renewal plan for some state-owned companies under the People's Committee of Nghe An Province. These companies will be converted into a single-member limited liability company or undergo varying degrees of shareholding reform, while also potentially being dissolved or declared bankrupt.

适用范围

State-owned companies under the People's Committee of Nghe An Province

要点

  • Convert the Water Supply and Sewerage Company into a single-member limited liability company
  • Sharehold the Trinh Mon Aquaculture Company and the Mountainous Region Trade and Investment Development Company, with the State retaining more than 50% of the charter capital
  • Sharehold the Nghe An Printing Company, the Nghe An Transport Management and Repair Company, the Nghe An Road Bridge Management and Repair Company, and the Vinh Urban Environment Company, with the State retaining a low percentage of shares or no shares at all
  • Dissolve or declare bankrupt the Vinh Wood Factory

🌐 本文件的社会影响

  • Positive impact: Enhance the efficiency of state capital management and utilization, promote local economic development.
  • Negative impact: May cause job loss for some workers in companies that are dissolved or shareheld.

❓ 常见问题

Which company will be converted into a single-member limited liability company?

Only the Water Supply and Sewerage Company is mentioned to be converted into this form.

What percentage of shares will the State retain during the shareholding reform of these companies?

During the shareholding reform, the State retains more than 50% of the charter capital for the Trinh Mon Aquaculture Company and the Mountainous Region Trade and Investment Development Company. For the Nghe An Printing Company, the Nghe An Transport Management and Repair Company, the Nghe An Road Bridge Management and Repair Company, and the Vinh Urban Environment Company, the State retains a low percentage of shares or no shares at all.

Which company will be dissolved or declared bankrupt?

The Vinh Wood Factory will be dissolved or declared bankrupt according to this decision.

How will the restructuring and renewal of state-owned enterprises be carried out?

The Chairman of the People's Committee of Nghe An Province directs the implementation of the restructuring and renewal of enterprises according to this decision. Companies not undergoing shareholding reform will be transferred, sold, or dissolved, declared bankrupt according to current regulations and reported to the Prime Minister.

When does this decision take effect?

This decision takes effect 15 days after its publication in the Official Gazette.

全文

PRIME MINISTER

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 140/2005/QĐ-TTg
Hanoi, June 13, 2005

Pursuant to …;

Regarding the approval of the adjustment of the plan for restructuring and modernizing state-owned enterprises under the People's Committee of Dak Lak Province

certain state-owned enterprises under the People's Committee of Nghe An 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-owned enterprises and independent accounting subsidiaries under state-owned corporations;

Considering the proposal of the People's Committee of Nghe An Province;

DECISION:

Article 1. Approves the restructuring and renewal plan for certain state-owned enterprises under the People's Committee of Nghe An Province as follows:

1. Convert the Water Supply and Sewerage Company into a joint stock company with one member.

2. To implement shareholding reform, including:

- State retains more than 50% of the charter capital:

+ Trinh Mon Aquaculture Company,

+ Mountainous Region Development Investment Trading Company,

- The State retains a low level of shares or does not retain any shares:

+ Nghe An Printing Company,

+ Transport and Repair Management Company of Nghe An (River and Land),

+ Road and Bridge Management and Repair Company of Nghe An,

+ Vinh Urban Environment Company.

3. Implement dissolution or bankruptcy: Vinh Wood Factory.

Article 2. Chairman of the People's Committee of Nghe An Province:

1. Direct the implementation of the restructuring and renewal of provincial state-owned enterprises approved by Decision No. 73/2003/QĐ-TTg dated April 29, 2003 of the Prime Minister and this Decision.

For those enterprises that cannot be converted into shareholding companies, take the initiative to convert them into one of the following forms: transfer, sell, or dissolve and liquidate according to current regulations and report to the Prime Minister.

2. Agricultural and forestry farms shall be restructured in accordance with Decree No. 170/2004/NĐ-CP dated September 22, 2004 of the Government on restructuring, renewing, and developing state-owned agricultural farms and Decree No. 200/2004/NĐ-CP dated December 3, 2004 of the Government on restructuring, renewing, and developing state-owned forestry farms.

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 Nghe An Province and heads of relevant agencies are responsible for enforcing this Decision.

DEPUTY PRIME MINISTER
DEPUTY PRIME MINISTER
(Signed)
Nguyen Tan Dung
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140/2005/QĐ-TTg
Decision No. 140/2005/QD-TTg On approving the adjustment of the restructuring and renewal plan for some state-owned companies under the People's Committee of Nghe An Province
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