Circular No. 76 - TC/CĐTC GUIDELINES ON CRITERIA FOR RANKING LOTTERY ENTERPRISES - 76

CIRCULAR

GUIDELINES FOR THE STANDARDS OF RANKING LOTTERY ENTERPRISES

Implementing Decree No. 26/CP dated May 23, 1993 of the Government on the temporary regulations for new salary systems in enterprises and Circular No. 21/LBTT dated June 17, 1993 of the Ministry of Labor, War Invalids and Social Affairs - Ministry of Finance guiding the ranking of enterprises. After reaching an agreement with the Ministry of Labor, War Invalids and Social Affairs through Document No. 2872 LĐTBXH/TL dated August 28, 1993, the Ministry of Finance promulgates the standards for ranking lottery enterprises to be uniformly applied throughout the country as follows.

I/ CRITERIA FOR RANKING:

The criteria for ranking lottery enterprises are defined as follows:

1/ Group of criteria related to management complexity (accounting for 45% of total points) including specific criteria:

a/ Business capital: This criterion is determined based on the existing capital from the State budget and self-supplemented capital at the end of December 1992.

b/ Number of lottery types: This criterion is determined based on the number of lottery types permitted for issuance by the Ministry of Finance.

c/ Scope and location of operation - Is the area allowed to sell tickets:

- Narrow scope: Province or region

- Wide scope: Nationwide

Additionally, potential market exploitation capabilities that the enterprise can develop are also considered.

d/ Number of employees: Calculated based on the number of regular employees listed in the payroll of the Lottery Enterprise (excluding contractual employees for specific tasks).

2/ Group of criteria related to business efficiency (accounting for 55% of total points) including specific criteria:

a/ Actual revenue is the actual revenue from lottery operations as stipulated in Document No. 1184 TC/TCT/NV1 dated July 1, 1992 of the Ministry of Finance guiding the tax on revenue for lottery enterprises.

b/ Fulfillment of obligations to the State includes: Budget payments (tax on revenue, profit tax, capital tax, property tax, basic depreciation, other payments as prescribed by the State).

c/ Actual profit: is the profit obtained by the Lottery Enterprise after fulfilling its obligations to the State (excluding profit tax).

d/ Profit margin on assigned capital - this criterion reflects the efficiency of capital utilization.

Business efficiency criteria are taken from the settled figures of the reporting year and the implementation of the planning year up to the time of requesting the enterprise ranking, with reference to the results of the two previous years.

For the time being in 1993, the figures from the settled year 1992 and the implementation of the 1993 plan up to the time of requesting the enterprise ranking will be used, with cross-referencing to the situation of the years 1990 and 1991.

II/ SCALE OF POINTS FOR EACH SPECIFIC CRITERION AND THE STANDARD SCORING TABLE FOR RANKING.

1/ Scale of points for each specific criterion:

The standard scale of points for each level of achievement of each criterion is defined as follows:

2/ Standard scoring table for ranking lottery enterprises.

The standard scoring table for ranking lottery enterprises is defined as follows

Based on the points of each criterion, determine the total points achieved by the lottery enterprise to rank it into one of the four categories above.

III/ IMPLEMENTATION

1/ According to the ranking standards for lottery enterprises mentioned above, the Ministry of Finance proposes: The Department of Finance - Price Control shall coordinate with the Department of Labor, War Invalids and Social Affairs together with the Lottery Enterprise to conduct an evaluation and score for the proposed ranking of lottery enterprises to ensure harmony in salaries between the supervising authority and the enterprise and among local enterprises, to submit to the People's Committee of the Province/City for decision at category II or below, and send the decision to the Ministry of Finance for management and monitoring.

Lottery enterprises proposed to be ranked at category I shall have the People's Committee of the Province/City prepare a document to propose to the Joint Ministries; after reaching consensus with the Ministry of Finance and the Ministry of Labor, War Invalids and Social Affairs, the decision shall be made.

The period for reviewing changes in the category of enterprises is three years according to general regulations.

2/ The decision on the ranking of lottery enterprises serves as the basis for determining the new salary levels for the General Director, Deputy General Director, Chief Accountant, and the level of position allowance for the heads of departments and equivalent positions in the Lottery Enterprise.

In cases where enterprises achieve less than 40 points and the Lottery Enterprise has not been re-established as a state-owned enterprise under Decree No. 388/HĐBT dated November 20, 1991 of the Council of Ministers on the establishment and dissolution of state-owned enterprises, they shall not be ranked according to the above regulations and shall apply the salary of the General Director and Deputy General Director at the level of Deputy General Director grade 1 and grade 2 of category IV according to the salary table for managerial positions issued along with Decree No. 26/CP dated May 23, 1993 of the Government and Circular No. 21/LB-TT dated June 17, 1993 of the Joint Ministries of Labor, War Invalids and Social Affairs - Ministry of Finance, specifically:

- Salary of the General Director: Coefficient: 3.28

The salary received on April 1, 1993 was 226,000 VND

- Salary of the Deputy General Director: Coefficient: 3.04

The salary received on April 1, 1993 was 212,000 VND

After ranking, for the Chief Accountant, if appointed in accordance with Circular No. 64/TT-LB dated December 12, 1990 of the Joint Ministries of Finance - Labor, War Invalids and Social Affairs, they shall be ranked equivalent to Deputy General Director. If not appointed in accordance with the aforementioned Circular, they shall be ranked according to their professional salary and enjoy leadership position allowances according to the enterprise category as department heads in the company.

During the implementation process, if there are any difficulties, please report to the Ministry of Finance for research and resolution.