This Decision approves the plan for reorganizing and modernizing state-owned enterprises with 100% state capital under the Ministry of Science and Technology during the period 2007-2010, including converting to a limited liability company with one member and shareholding reform. Relevant ministries and agencies are responsible for implementing according to the approved content.
Key points
- State-owned enterprises under the Ministry of Science and Technology will be converted to a limited liability company with one member from 2008-2009, including the Vietnam Science and Technology Publishing House and the Technology Application and Development Company.
- The Electronics, Mechanical Engineering and Environment Technology Company will carry out shareholding reform in 2007, while the Technology and Development Company will carry it out in 2008.
- The Minister of Science and Technology is responsible for directing the reorganization and modernization of enterprises.
- Relevant ministries and agencies such as Finance, Planning and Investment, Home Affairs, Labor, Invalids and Social Affairs will cooperate in implementing this decision.
- The Steering Committee for Enterprise Reform and Development is responsible for directing, urging, guiding, and monitoring the implementation.
🌐 Social impact of this document
- State-owned enterprises under the Ministry of Science and Technology will be reorganized to create conditions for more effective business operations.
- Shareholding reform may lead to changes in ownership and management, affecting employees and workers.
❓ Frequently asked questions
Which enterprises will be converted to a limited liability company with one member?
The Vietnam Science and Technology Publishing House and the Technology Application and Development Company (under the Vietnam Atomic Energy Institute) will be converted to a limited liability company with one member from 2008-2009.
Which company will carry out shareholding reform?
The Electronics, Mechanical Engineering and Environment Technology Company will carry out shareholding reform in 2007, while the Technology and Development Company will carry it out in 2008.
Who is responsible for directing the reorganization and modernization of enterprises?
The Minister of Science and Technology is responsible for directing the reorganization and modernization of enterprises according to the approved content.
Which ministries will cooperate in implementing this decision?
Ministries such as Finance, Planning and Investment, Home Affairs, Labor, Invalids and Social Affairs will cooperate with the Ministry of Science and Technology in implementing this decision.
What responsibilities does the Steering Committee for Enterprise Reform and Development have?
The Steering Committee for Enterprise Reform and Development is responsible for directing, urging, guiding, and monitoring the implementation of this decision.
Full text
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PRIME MINISTER |
SOCIALIST REPUBLIC OF VIETNAM |
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Number: 1624/QĐ-TTg |
Hanoi, November 29, 2007 |
Pursuant to …;
Approving the plan for restructuring and modernizing state-owned enterprises with 100% state capital under the Ministry of Science and Technology for the period 2007-2010
__________________________
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to the Law on State-Owned Enterprises dated November 26, 2003;
Pursuant to the Enterprise Law dated November 29, 2005;
Pursuant to Decision No. 38/2007/QĐ-TTg dated March 20, 2007 of the Prime Minister on issuing criteria and classification lists for state-owned enterprises with 100% state capital;
Considering the proposal of the Ministry of Science and Technology,
DECISION:
Article 1. Approves the plan for restructuring and modernizing state-owned enterprises with 100% state capital under the Ministry of Science and Technology for the period 2007-2010 as follows:
1. Enterprises to be converted into limited liability companies with one member (in 2008-2009):
- Science and Technology Publishing House.
- Technology Application and Development Company (under the Vietnam Atomic Energy Institute).
2. Enterprises to implement shareholding reform, with the state holding a low percentage of shares or no shares at all:
In 2007:
- Electronics, Mechanical and Environmental Technology Company.
In 2008:
- Technology and Development Company.
Article 2. The Minister of Science and Technology shall be responsible for directing the implementation of the restructuring and modernization of state-owned enterprises with 100% state capital under his ministry according to the approved content and schedule.
The Ministries of Finance, Planning and Investment, Home Affairs, Labor, Invalids and Social Affairs, and related agencies shall be responsible for coordinating with the Ministry of Science and Technology in implementing this Decision.
The Steering Committee for Enterprise Modernization and Development shall be responsible for directing, urging, guiding, and monitoring the implementation.
Article 3. This Decision takes effect from the date of signature.
The Minister of Science and Technology and heads of related agencies are responsible for enforcing this Decision./.
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Place of Receipt: |
DEPUTY PRIME MINISTER |
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