Decision No. 169/2007/QD-TTg On the issuance of the Supervision Regulation for State-owned Enterprises Operating at a Loss and Ineffectively

This Decision issues the Supervision Regulation for State-owned Enterprises Operating at a Loss and Ineffectively. The Regulation applies to agencies representing owners and heads of State-owned Enterprises.

Document No.169/2007/QĐ-TTg
Document typeDecision
Issuing authorityMinistry of Finance
Signed byNguyễn Sinh Hùng — Phó Thủ tướng
Updated28/06/2026
SectorFinance
FieldUncategorized
Issued date08/11/2007
Effective date05/12/2007
Expiry date
StatusIn effect
✦ Smart summary

This Decision issues the Supervision Regulation for State-owned Enterprises Operating at a Loss and Ineffectively. The Regulation applies to agencies representing owners and heads of State-owned Enterprises.

Scope of application

Ministers, Heads of ministerial-level agencies, Heads of government agencies, Chairpersons of People's Committees of provinces and centrally governed cities, organizations representing owners of State-owned Enterprises, Chairpersons of State Economic Group Councils, Chairpersons of Management Councils, Chairpersons of Member Councils, Chairpersons of companies, General Directors, Directors of State-owned Enterprises.

Key points

  • Agencies representing owners and heads of State-owned Enterprises are responsible for implementing this Decision.
  • This Decision takes effect fifteen days from the date of publication in the Official Gazette.

🌐 Social impact of this document

  • Positive impact: Strengthening supervision, enhancing the operational effectiveness of State-owned Enterprises.
  • Negative impact: May impose significant pressure on heads of State-owned Enterprises and agencies representing owners.

❓ Frequently asked questions

Which enterprises does this Decision apply to?

This Decision applies to State-owned Enterprises operating at a loss and ineffectively.

When does this Decision take effect?

This Decision takes effect fifteen days from the date of publication in the Official Gazette.

Who are the agencies representing owners of State-owned Enterprises?

Agencies representing owners include Ministers, Heads of ministerial-level agencies, Heads of government agencies, Chairpersons of People's Committees of provinces and centrally governed cities.

What responsibilities do heads of State-owned Enterprises have?

Heads of State-owned Enterprises such as Chairpersons of Management Councils, Chairpersons of Member Councils, Chairpersons of companies, General Directors, Directors must be responsible for implementing this Decision.

Is this Decision effective?

This Decision takes effect from the date of publication in the Official Gazette after fifteen days.

Full text

PRIME MINISTER

__________

SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

________________________

Number: 169/2007/QĐ-TTg

Hanoi, November 8, 2007

 Pursuant to …;

Regarding the issuance of the Supervision Regulation for State-Owned Enterprises Operating at a Loss and Without Effectiveness

_________________________

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 the Decree No. 199/2004/NĐ-CP dated December 3, 2004 of the Government promulgating the Financial Management Regulations for State-Owned Companies and the Management of State Capital Invested in Other Enterprises;

Pursuant to the Decree No. 132/2005/NĐ-CP dated October 20, 2005 of the Government on the Implementation of Rights and Obligations of the State Owner towards State-Owned Companies and the Decree No. 86/2006/NĐ-CP dated August 21, 2006 of the Government amending and supplementing certain articles of the Decree No. 132/2005/NĐ-CP dated October 20, 2005;

Considering the proposal of the Minister of Finance,

DECISION:

Article 1. The accompanying this Decision is the Supervision Regulation for State-Owned Enterprises Operating at a Loss and Without Effectiveness.

Article 2This Decision shall take effect fifteen days from the date of publication in the Official Gazette.

Article 3The Ministers, Heads of ministerial-level agencies, Heads of government-affiliated agencies, Chairpersons of People's Committees of provinces and centrally governed cities, organizations entrusted with the task of representing state ownership in state-owned enterprises, Chairpersons of the Board of Directors of State Economic Groups, Chairpersons of the Board of Directors, Chairpersons of the Board of Members, Chairpersons of companies, General Directors, Directors of state-owned enterprises are responsible for implementing this Decision.

Place of Receipt:
- Central Party Committee Secretariat;

- Prime Minister, Deputy Prime Ministers;
- Ministries, agencies equivalent to ministries,
 government agency;
- Office of the Central Steering Committee
for anti-corruption;
- People's Councils, People's Committees of provinces,
under the central authority;
- Central Party Office and Party Committees;
- President's Office;
- Ethnic Council and Committees of the National Assembly;
- National Assembly's Office;
- Supreme People's Court;
- Supreme People's Procuracy;
- State Audit Agency;
- Vietnam Fatherland Front Central Committee;
- Central Agencies of Mass Organizations;
- State Economic Groups;
- Corporation 91;
- VPCP: Deputy Chairman, Deputy Chairmen,
Government Portal,
Spokesperson of the Prime Minister,
 Vice-Ministries, Departments, subordinate units, Official Gazette;
- To be filed: Secretary, KTTH (6b). Copy 330.

DEPUTY PRIME MINISTER
DEPUTY PRIME MINISTER
(Signed)

Nguyen Sinh Hung

 

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