This Decision approves the Scheme for Reorganizing and Modernizing State-owned Forest Enterprises of Thua Thien-Hue Province. The forest enterprises will be reorganized into forestry companies and forest protection management boards, and the Forestry Business Company will be listed on the stock exchange.
Scope of application
People's Committee of Thua Thien-Hue Province; Ministry of Agriculture and Rural Development; State Bank of Vietnam; Steering Committee for Modernization and Development; relevant government agencies.
Key points
- The Tien Phong, Phu Loc, and Phong Dien Forest Enterprises will be reorganized into Forestry Companies.
- The Huong Giang Forest Enterprise will merge with the Nam Hoa Forest Enterprise to form the Nam Hoa Forestry Company.
- The ALieu and Huong Thuy Forest Enterprises will be transformed into Forest Protection Management Boards.
- Nam Dong and Khe Tre will be merged to establish the Nam Dong District Forest Protection Management Board.
- The Forestry Business Company will be listed on the stock exchange after separating three forest enterprises.
🌐 Social impact of this document
- Positive impact: Creating opportunities for forestry companies to operate more efficiently and sustainably.
- Negative impact: It may cause difficulties for current employees during the transition process.
❓ Frequently asked questions
How will the Forestry Business Company be listed on the stock exchange?
According to this Decision, after separating three forest enterprises for reorganization, the Forestry Business Company will be listed on the stock exchange.
Which forest enterprises will be transformed into Forest Protection Management Boards?
The ALieu and Huong Thuy Forest Enterprises will be transformed into Forest Protection Management Boards, while Nam Dong and Khe Tre will be merged to establish the Nam Dong District Forest Protection Management Board.
What procedures need to be carried out after this Decision takes effect?
The Chairman of the People's Committee of Thua Thien-Hue Province will direct the implementation of the reorganization and modernization of state-owned forest enterprises and adjust the area and boundaries of land allocated to forestry companies and forest protection management boards.
When does this Decision take effect?
This Decision takes effect 15 days from the date of publication in the Official Gazette.
What actions must the ministries and relevant agencies undertake in implementing this Decision?
The Ministries of Agriculture and Rural Development, Finance, Planning and Investment, Labor, Invalids and Social Affairs, Home Affairs, and other relevant ministries shall coordinate with the People's Committee of Thua Thien-Hue Province in implementing this Scheme. The Ministry of Agriculture and Rural Development will monitor the implementation of this Decision.
Full text
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PRIME MINISTER |
SOCIALIST REPUBLIC OF VIETNAM |
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Decision No.: 162/2005/QĐ-TTg |
Hanoi, July 1, 2005 |
Pursuant to …;
Regarding the approval of the Scheme for the reorganization and modernization of state-owned forest enterprises in the Province of Thua Thien Hue
state-owned of the People's Committee of Thua Thien - Hue Province
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to Decree No. 200/2004/NĐ-CP dated December 3, 2004 of the Government on the reorganization, modernization, and development of state-owned forest enterprises;
Considering the proposal of the Minister of Agriculture and Rural Development and the Chairman of the People's Committee of Thua Thien Hue Province,
Pursuant to …;
Article 1. Approve the Scheme for the reorganization and modernization of state-owned forest enterprises in the People's Committee of Thua Thien Hue Province as follows:
1. Reorganize the following forest enterprises into Forestry Companies:
- Forest Enterprise Tan Phong;
- Forest Enterprise Phu Loc;
- Forest Enterprise Phong Dien;
- Merge Forest Enterprise Huong Giang (belonging to the Timber Trading Company) into Forest Enterprise Nam Hoa to form the Nam Hoa Forestry Company.
2. Convert the following forest enterprises into Forest Protection Management Boards:
- Forest Enterprise A Luoi;
- Forest Enterprise Huong Thuy (belonging to the Timber Trading Company);
- Consolidate Forest Enterprise Nam Dong (belonging to the Timber Trading Company) and Forest Enterprise Khe Tre into the Forest Protection Management Board of Nam Dong District.
3. Privatize the Timber Trading Company after separating three forest enterprises for reorganization as stipulated in Clause 1 and Clause 2 of this Article.
Article 2. Chairman of the People's Committee of Thua Thien Hue Province:
1. Direct the implementation of the restructuring and modernization of state-owned forest enterprises as stipulated in Article 1 of this Decision.
2. Adjust the area and boundaries of land allocated to Forestry Companies and Forest Protection Management Boards in accordance with the local forestry development plan and the development plan of each forest enterprise.
Article 3. Ministries: Agriculture and Rural Development, Finance, Planning and Investment, Labor - Invalids and Social Affairs, Home Affairs, and related ministries shall cooperate with the People's Committee of Thua Thien Hue Province in implementing this Scheme.
The Ministry of Agriculture and Rural Development shall be responsible for monitoring the implementation of this Decision.
Article 4. This Decision shall take effect fifteen days from the date of publication in the Official Gazette.
The Chairman of the People's Committee of Thua Thien Hue Province and heads of relevant agencies are responsible for enforcing this Decision.
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To be received: |
DEPUTY PRIME MINISTER |
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