Decision No. 63/2003/QĐ-TTg on approving the overall plan for restructuring and modernizing state-owned enterprises under the Ministry of Transport until 2005

Decision No. 63/2003/QĐ-TTg approves the overall plan for restructuring and modernizing state-owned enterprises under the Ministry of Transport until 2005. The Decision applies to the Ministry of Transport and related agencies, requiring implementation in accordance with the approved content.

Document No.63/2003/QĐ-TTg
Document typeDecision
Issuing authorityMinistry of Construction
Signed byNguyễn Tấn Dũng — Phó Thủ tướng
Updated30/06/2026
SectorLabour, War Invalids and Social Affairs, Home Affairs, Finance, Planning and Investment
FieldUncategorized
Issued date21/04/2003
Effective date26/05/2003
Expiry date
StatusIn effect
✦ Smart summary

Decision No. 63/2003/QĐ-TTg approves the overall plan for restructuring and modernizing state-owned enterprises under the Ministry of Transport until 2005. The Decision applies to the Ministry of Transport and related agencies, requiring implementation in accordance with the approved content.

Scope of application

Ministry of Transport; Ministry of Finance; Ministry of Planning and Investment; Ministry of Home Affairs; Ministry of Labor, Invalids and Social Affairs; Steering Committee for Enterprise Modernization and Development

Key points

  • The Ministry of Transport is directed to implement the restructuring and modernization of state-owned enterprises under its jurisdiction in accordance with the approved content and schedule.
  • The Ministry of Transport must cooperate with the Steering Committee for Enterprise Modernization and Development to develop a pilot project proposal for the Board of Directors to enter into contracts with the General Director at Vietnam Ship Industry Corporation and Vietnam Transportation Engineering Corporation.
  • The Ministry of Transport must develop proposals to convert 15 river management sections into state-owned enterprises operating public services, in accordance with current regulations on establishing new state-owned enterprises.

🌐 Social impact of this document

  • Positive impact: Enhancing the efficiency of management and improving the competitive capacity of state-owned enterprises in the transportation sector.
  • Negative impact: May encounter difficulties during the restructuring and modernization process, temporarily affecting business operations.

❓ Frequently asked questions

What does the Ministry of Transport need to do according to this Decision?

According to Article 2, the Ministry of Transport is directed to implement the restructuring and modernization of state-owned enterprises under its jurisdiction in accordance with the approved content and schedule. At the same time, it must cooperate with the Steering Committee for Enterprise Modernization and Development to develop pilot projects and proposals to convert 15 river management sections into state-owned enterprises.

When does this Decision take effect?

According to Article 4, this Decision takes effect 15 days from the date of publication in the Official Gazette.

Whose approval does the Ministry of Transport need if adjusting or supplementing the Plan?

According to Article 2, the Ministry of Transport must obtain the Prime Minister's approval when adjusting or supplementing the Plan.

What responsibilities does the Steering Committee for Enterprise Modernization and Development have in implementing this Decision?

According to Article 3, the Steering Committee for Enterprise Modernization and Development is responsible for urging, guiding, and monitoring the implementation of the Plan, and recommending solutions to the Prime Minister to address difficulties encountered during implementation.

What responsibilities do related agencies have when implementing this Decision?

According to Article 3, the Ministry of Finance, Ministry of Planning and Investment, Ministry of Home Affairs, Ministry of Labor, Invalids and Social Affairs, and related agencies are responsible for cooperating with the Ministry of Transport in implementing the aforementioned Plan.

Full text

PRIME MINISTER

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

Number: 63/2003/QĐ-TTg
Hanoidated April 21, 2003

Pursuant to …;

Regarding the approval of the overall plan for the restructuring and modernization of state-owned enterprises under the Vietnam Oil and Gas Corporation until 2005 of house

concerning state-owned enterprises under the Ministry of Transport until 2005

_________________

PRIME MINISTER

Pursuant to the Law on Organization of the Government dated December 25, 2001;

Based on Directive No. 01/2003/CT-TTg dated January 16, 2003 of the Government Chairman on continuing to promote the restructuring, modernization, development, and improvement of efficiency of state-owned enterprises;

Considering the proposal of the Board of Directors of the Vietnam Oil and Gas Corporation, opinions of the Ministries of Industry, Planning and Investment, Finance, Labor, War Invalids and Social Affairs,

Considering the proposal of the Ministry of Transport and the opinions of the Ministries of Planning and Investment, Finance, Labor, War Invalids and Social Affairs, Home Affairs, and the Central Economic Commission,

DECISION:

Article 1. approves the overall restructuring and modernization plan for state-owned enterprises under the Ministry of Transport until 2005 as set out in the attached Appendix.

Article 2. The Minister of Transport shall be responsible for:

Directing the implementation of the restructuring and modernization of state-owned enterprises under his ministry according to the approved content and schedule. Any adjustments or supplements to the Plan must be approved by the Prime Minister.

Coordinating with the Steering Committee for Enterprise Modernization and Development to develop a pilot project for the Board of Directors to enter into contracts with the General Director at Vietnam Ship Industry Corporation and Vietnam Transportation Machinery Corporation.

Developing proposals to convert 15 river management segments into state-owned enterprises operating public services, in accordance with current regulations on establishing new state-owned enterprises.

Article 3. The Ministry of Finance, the Ministry of Planning and Investment, the Ministry of Home Affairs, the Ministry of Labor - War Invalids and Social Affairs, and related agencies shall be responsible for coordinating with the Ministry of Transport in implementing the aforementioned Plan.

The Steering Committee for Enterprise Modernization and Development shall be responsible for urging, guiding, and monitoring the implementation of this Plan, and simultaneously recommending solutions to the Prime Minister to address difficulties encountered during its implementation.

Article 4. The Standard Measurement Quality Control Department shall be responsible for organizing and guiding the implementation of the Regulations adopted herein.

The Minister of Transport and the heads of related agencies shall be responsible for enforcing this Decision./.

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