Decision No. 159/2003/QĐ-BCN of the Ministry of Industry regarding the merger of the Electronic Construction Company into the Dong Da Electronics Company, Vietnam Electronics and Information Technology Corporation. The Decision shall take effect fifteen days after its publication in the Official Gazette.
Key points
- The Electronic Construction Company → to be merged into the Dong Da Electronics Company, Vietnam Electronics and Information Technology Corporation
- The Board of Directors of Vietnam Electronics and Information Technology Corporation → to organize and implement the merger in accordance with current state regulations
🌐 Social impact of this document
- Positive impact: Enhance operational efficiency and improve production and business capabilities for Vietnam Electronics and Information Technology Corporation.
- Negative impact: May cause instability during the merger process and affect the rights of employees of related companies.
❓ Frequently asked questions
When does this merger become effective?
The Decision shall take effect fifteen days after its publication in the Official Gazette.
Will the Electronic Construction Company be dissolved after the merger?
No, according to this Decision, the Electronic Construction Company will be merged into the Dong Da Electronics Company, Vietnam Electronics and Information Technology Corporation.
Who is responsible for organizing and implementing the merger?
The Board of Directors of Vietnam Electronics and Information Technology Corporation is responsible for organizing and implementing the merger in accordance with current state regulations.
Does this Decision affect the employees of related companies?
Yes, this Decision may cause instability during the merger process and may affect the rights of employees of related companies.
Is this merger effective immediately?
No, the Decision shall take effect fifteen days after its publication in the Official Gazette.
Full text
Pursuant to …;
Regarding the merger of the Construction Electronics Company into the Dong Da Electronics Company,
Vietnam Electronics and Informatics Corporation
__________________________
THE MINISTER OF INDUSTRY
Pursuant to Decree No. 55/2003/NĐ-CP dated May 28, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Industry;
Pursuant to Decree No. 50/CP dated August 28, 1996 of the Government on the establishment, restructuring, dissolution, and bankruptcy of state-owned enterprises, and Decree No. 38/CP dated April 28, 1997 of the Government amending and supplementing certain provisions of Decree No. 50/CP;
Pursuant to Decision No. 125/QĐ-TTg dated January 28, 2003 of the Prime Minister approving the overall plan for the reorganization and modernization of State-owned corporations and enterprises under the Ministry of Industry for the period 2003-2005;
Considering the proposal of the Board of Directors of Vietnam Electronics and Information Technology Corporation at Report No. 397/ĐT-TCLĐ dated July 21, 2003;
At the recommendation of the Director of the Organization and Cadre Affairs Department,
DECISION:
Article 1. The Construction Electronics Company shall be merged into the Dong Da Electronics Company of Vietnam Electronics and Information Technology Corporation.
Article 2. The Board of Directors of Vietnam Electronics and Information Technology Corporation is tasked with organizing and implementing the merger in accordance with current regulations of the State.
Article 3. This Decision takes effect fifteen days after its publication in the Official Gazette.
The Head of the Office of the Ministry, the Inspector General of the Ministry, the Heads of Departments and Bureaus under the Ministry, the Chairman of the Board of Directors and the General Director of Vietnam Electronics and Information Technology Corporation, the Directors of the Construction Electronics Company and the Dong Da Electronics Company are responsible for enforcing this Decision.
DEPUTY MINISTER
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