Decision No. 365/QD-TTg approves the plan for restructuring and equitization of state-owned joint stock companies with one member under the State Capital Investment Corporation for the period 2008-2010. The Decision applies to designated companies and the responsibilities of the Board of Directors of the State Capital Investment Corporation, Ministry of Finance, Ministry of Planning and Investment, Ministry of Home Affairs, and Ministry of Labor, Invalids and Social Affairs in implementing it.
Scope of application
Board of Directors of the State Capital Investment Corporation; Ministry of Finance, Ministry of Planning and Investment, Ministry of Home Affairs, Ministry of Labor, Invalids and Social Affairs; relevant agencies.
Key points
- Board of Directors of the State Capital Investment Corporation → directs the implementation of restructuring and equitization of state-owned joint stock companies with one member under its direct management according to the approved content and schedule; decides the proportion of shares held by the Corporation at enterprises undergoing equitization.
- Ministry of Finance, Ministry of Planning and Investment, Ministry of Home Affairs, Ministry of Labor, Invalids and Social Affairs → cooperate with the State Capital Investment Corporation in implementing this Decision.
- Steering Committee for Enterprise Reform and Development → directs, urges, guides, and monitors the implementation.
- State-owned joint stock companies with one member under the State Capital Investment Corporation → to be equitized during the period 2008-2010, including companies from Lang Son Province to Yen Bai Province.
- People's Committee of Long An Province → manages Dong Thap I Joint Stock Company with One Member and Dong Thap IV Forestry Joint Stock Company with One Member in 2008.
🌐 Social impact of this document
- Positive impact: Equitization of companies will help improve business efficiency and strengthen state management.
- Negative impact: It may cause difficulties in the transition process and require time to adapt to the new model.
❓ Frequently asked questions
Which companies will be equitized?
State-owned joint stock companies with one member under the State Capital Investment Corporation, including companies from Lang Son Province to Yen Bai Province.
When will the equitization take place?
During the period 2008-2010.
Who is responsible for directing the restructuring and equitization?
Chairman of the Board of Directors of the State Capital Investment Corporation.
How many companies are designated for equitization during the period 2008-2010?
A total of 15 companies are designated for equitization during this period.
Which company will be transferred to the management of the People's Committee of Long An Province?
Dong Thap I Joint Stock Company with One Member and Dong Thap IV Forestry Joint Stock Company with One Member.
Full text
Pursuant to …;
Approving the plan for restructuring and equitization of state-owned joint stock companies with one member under the State Capital Investment Corporation for the period 2008-2010
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 Decision No. 38/2007/QĐ-TTg dated March 20, 2007 of the Government Chairman regarding the issuance of criteria and classification list of 100% state-owned enterprises;
Considering the proposal of the Board of Directors of the State Capital Investment Corporation,
DECISION:
Clause 4 of Article 6Approves the plan for restructuring and equitization of state-owned joint stock companies with one member under the State Capital Investment Corporation for the period 2008-2010 as follows:
I. EQUITIZATION
1. Year 2008:
- Joint Stock Company with One Member Consultancy and Construction (received from the People's Committee of Lang Son Province);
- Joint Stock Company with One Member Printing Lang Son (received from the People's Committee of Lang Son Province);
- Joint Stock Company with One Member Mining and Processing Stone An Giang (received from the People's Committee of An Giang Province);
- Joint Stock Company with One Member School Books and Equipment Dien Bien (received from the People's Committee of Dien Bien Province);
- Joint Stock Company with One Member Water Resources Construction Dien Bien (received from the People's Committee of Dien Bien Province);
- Joint Stock Company with One Member Agricultural Supplies Dien Bien (received from the People's Committee of Dien Bien Province);
- Joint Stock Company with One Member Industrial Crops Dien Bien (received from the People's Committee of Dien Bien Province);
- Joint Stock Company with One Member Mining, Processing, and Exporting Minerals (received from the People's Committee of Khanh Hoa Province);
- Joint Stock Company with One Member Management and Exploitation of Muong Lo Market (received from the People's Committee of Yen Bai Province);
- Joint Stock Company with One Member Mineral Lai Chau (received from the People's Committee of Lai Chau Province).
2. Year 2009:
- Joint Stock Company with One Member Investment and Development of Housing and Urban Areas Lang Son (received from the People's Committee of Lang Son Province);
- Joint Stock Company with One Member Comprehensive Tourism Dien Bien (received from the People's Committee of Dien Bien Province);
- Joint Stock Company with One Member Vung Ro Port (received from the People's Committee of Phu Yen Province);
- Joint Stock Company with One Member Quang Binh Port (received from the People's Committee of Quang Binh Province);
- Joint Stock Company with One Member Trade and Service Friendship (received from the People's Committee of Bac Giang Province);
- Joint Stock Company with One Member Comprehensive Trading and Services Phu Yen (received from the People's Committee of Phu Yen Province);
- Joint Stock Company with One Member Trade and Comprehensive Tourism Dien Bien after merging Joint Stock Company with One Member Trade Tu Va Chua Dien Bien, Joint Stock Company with One Member Trade Dien Bien, and Joint Stock Company with One Member Trade Tuen Giao Dien Bien.
3. Year 2010:
- Joint Stock Company with One Member Construction and Water Resources Service Tuen Giao (received from the People's Committee of Dien Bien Province);
- Joint Stock Company with One Member Printing Dien Bien (received from the People's Committee of Dien Bien Province);
II. TRANSFER TO THE PEOPLE'S COMMITTEE OF LONG AN PROVINCE FOR MANAGEMENT IN 2008:
1. Joint Stock Company with One Member Dong Thap I;
2. Joint Stock Company with One Member Forestry Dong Thap IV.
Article 2.
1. The Chairman of the Board of Directors of the State Capital Investment Corporation shall be responsible for:
a. Directing the implementation of the restructuring and equitization of state-owned joint stock companies with one member under its jurisdiction according to the approved content and schedule;
b. Deciding the proportion of shares held by the State Capital Investment Corporation at each enterprise undergoing equitization based on the criteria and classification list of 100% state-owned enterprises stipulated in Decision No. 38/2007/QĐ-TTg dated March 20, 2007 of the Government Chairman.
2. The Ministry of Finance, the Ministry of Planning and Investment, the Ministry of Home Affairs, the Ministry of Labor, Invalids and Social Affairs, and related agencies shall be responsible for coordinating with the State Capital Investment Corporation in implementing this Decision.
3. The Steering Committee for Enterprise Reform and Development shall be responsible for directing, urging, guiding, and monitoring the implementation.
Article 3. This Decision takes effect from the date of issuance.
The Board of Directors of the State Capital Investment Corporation and the heads of related agencies shall be responsible for enforcing this Decision./.
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