Decision No. 49/2001/QD-TTg On the conversion of SAVIMEX Joint Economic Cooperation and Import-Export Company into SAVIMEX Joint Stock Economic Cooperation and Import-Export Company

Decision No. 49/2001/QD-TTg converts SAVIMEX Joint Economic Cooperation and Import-Export Company into a joint stock company, stipulates the charter capital, ownership ratio of the State and employees, name, business sectors, and responsibilities of related parties.

文号49/2001/QĐ-TTg
文件类型Decision
发布机关Central Account
签署人Nguyễn Tấn Dũng — Phó Thủ tướng
更新01/07/2026
领域Uncategorized
发布日期10/04/2001
生效日期10/04/2001
失效日期
状态In effect
✦ 智能摘要

Decision No. 49/2001/QD-TTg converts SAVIMEX Joint Economic Cooperation and Import-Export Company into a joint stock company, stipulates the charter capital, ownership ratio of the State and employees, name, business sectors, and responsibilities of related parties.

适用范围

SAVIMEX Joint Economic Cooperation and Import-Export Company, Chairman of the People's Committee of Ho Chi Minh City, General Director of SAVIMEX Joint Stock Economic Cooperation and Import-Export Company, Board of Directors of the Company.

要点

  • SAVIMEX Joint Stock Economic Cooperation and Import-Export Company has a charter capital of 45,000,000,000 VND, of which the State owns 25%, employees 50%, and external shareholders 25%.
  • The full name of the company is SAVIMEX Joint Stock Economic Cooperation and Import-Export Company, international trading name is Savimex Corporation, and abbreviated name is savimex.
  • The company is permitted to engage in multiple business sectors as prescribed by law.
  • The company operates independently with its own seal, separate bank account, and is responsible for business management.
  • The General Director and Chief Accountant of SAVIMEX Joint Economic Cooperation and Import-Export Company are responsible for managing business operations until they hand over to the Board of Directors.

🌐 本文件的社会影响

  • Corporate transformation will create new opportunities for employees through share ownership.
  • Enhance the company's competitive strength through diversification of business sectors.
  • Reduce the burden of state management on state-owned enterprises.

❓ 常见问题

What is the charter capital of SAVIMEX Joint Stock Economic Cooperation and Import-Export Company?

The charter capital of the company is 45,000,000,000 VND.

What percentage of shares does the State hold in the Company?

The State holds 25% of the charter capital of the company.

How are employees favored during corporate transformation?

Employees receive 50% of the charter capital, equivalent to 22,500,000,000 VND.

What is the full name of the company after corporate transformation?

The full name of the company is SAVIMEX Joint Stock Economic Cooperation and Import-Export Company.

In which business sectors is the company permitted to operate?

The company is permitted to engage in multiple business sectors as prescribed by law, including domestic production and trade, export of processed wood products and wood products; import and export of materials, machinery, and equipment for wood processing and wood products; civil, industrial, and agricultural construction; office leasing, housing sales.

全文

PRIME MINISTER

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 49/2001/QĐ-TTg
Hanoi,dated April 10, 2001

Pursuant to …;

Regarding the conversion of the Economic Cooperation and Import-Export Company SAVIMEX

into the Joint Stock Economic Cooperation and Import-Export Company SAVIMEX

______________________

PRIME MINISTER

Pursuant to the Government Organization Law dated September 30, 1992;

Pursuant to Decree No. 44/1998/NĐ-CP dated June 29, 1998 of the Government on the conversion of state-owned enterprises into joint-stock companies;

At the proposal of the Chairman of the People's Committee of Ho Chi Minh City,

DECISION:

Article 1. Approving the plan for the joint stock transformation of the Economic Cooperation and Import-Export Company SAVIMEX (Saigon Trading Corporation) under the People's Committee of Ho Chi Minh City based on the letter No. 738/UB-CNN dated March 6, 2001 of the Chairman of the People's Committee of Ho Chi Minh City:

1. The Charter Capital of the Joint Stock Company is 45,000,000,000 VND, including:

- State shareholding ratio: 25% of the Charter Capital.

- Shareholding ratio sold to employees within the company: 50% of the Charter Capital.

- Shareholding ratio sold to shareholders outside the company: 25% of the Charter Capital.

2. The actual value of the company as of December 31, 1999 is 100,124,460,152 VND, of which the actual value of state capital at the enterprise is 38,451,110,078 VND.

3. The total number of preferential shares allocated to employees within the company is 127,854 shares, valued at 3,835,620,000 VND. Among them, the number of preferential shares allocated to poor employees within the company is 2,660 shares, valued at 186,200,000 VND.

Article 2. Converting the Economic Cooperation and Import-Export Company SAVIMEX (Saigon Trading Corporation) under the People's Committee of Ho Chi Minh City into a Joint Stock Company:

- Full name in Vietnamese: Joint Stock Economic Cooperation and Import-Export Company SAVIMEX.

- International trade name: Savimex Corporation.

- Abbreviation: savimex.

- Head office: 194 Nguyen Cong Tru Street, District 1, Ho Chi Minh City.

Article 3. The Joint Stock Economic Cooperation and Import-Export Company SAVIMEX operates in the following industries:

- Production, domestic sales, and export of processed wood products and wooden products.

- Import and export of materials, machinery, equipment for processing wood and wooden products.

- Construction of civil, industrial, and agricultural, forestry, and fishery projects.

- Leasing of offices and housing sales.

- PERMITTED TO OPERATE IN MULTIPLE SECTORS IN ACCORDANCE WITH LEGAL REGULATIONS.

Article 4. The Joint Stock Economic Cooperation and Import-Export Company SAVIMEX:

- Is a legal entity under Vietnamese law from the date of registration for business, implementing independent economic accounting, having its own seal, opening accounts at banks according to the provisions of the law, operating according to the Articles of Association of the Joint Stock Company and the Enterprise Law.

- The General Director and Chief Accountant of the Economic Cooperation and Import-Export Company SAVIMEX are responsible for managing the business operations until the entire enterprise is handed over to the Board of Directors and General Director of the Joint Stock Economic Cooperation and Import-Export Company SAVIMEX.

Article 5. This Decision takes effect from the date of signing. Decisions contrary to this Decision are abolished. The Chairman of the People's Committee of Ho Chi Minh City, the General Director of the Economic Cooperation and Import-Export Company SAVIMEX, and the Board of Directors of the Joint Stock Economic Cooperation and Import-Export Company SAVIMEX are responsible for implementing this Decision./.

DEPUTY PRIME MINISTER
DEPUTY PRIME MINISTER 
(Signed)
Nguyen Tan Dung
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关系图

49/2001/QĐ-TTg
Decision No. 49/2001/QD-TTg On the conversion of SAVIMEX Joint Economic Cooperation and Import-Export Company into SAVIMEX Joint Stock Economic Cooperation and Import-Export Company
In effect
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