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THE PRIME MINISTER OF GOVERNMENT
Number: 63/2003/QĐ-TTg
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
Ha Noi ,day 21 month 04 year 2003
DECISION No

DECISION No. 63/2003/QD-TTg of April 21, 2003 approving the master plan on reorganization and renovation of State enterprises under the Ministry of Communications and Transport till 2005

- State corporations: 11 corporations have their legal person status unchanged and 5 corporations shall be transformed to experimentally operate after the parent company-affiliate company model.

- State enterprises under the Ministry:

State enterprises whose legal person status remains unchanged: 62 public-utility enterprises and 3 business enterprises; 3 enterprises shall be transformed to experimentally operate after the parent company-affiliate company model; and 3 enterprises being schools or institutes.

Enterprises to be equitized with the State holding more than 50% of their total shares: 2.

Enterprises to be equitized with the State holding at least 51% of shares when shares are sold for the first time: 11.

To be established: 15 public-utility enterprises.

- This Document also states the reorganization of State enterprises being members of the corporations set up under the Prime Minister’s Decision No. 90/TTg.

Reorganization roadmap: 34 enterprises shall be equitized and 2 enterprises shall be merged in 2003; 31 and 40 enterprises shall be equitized in 2004 and 2005 respectively.- (Summary)

The Prime Minister of Government

Phó Thủ tướng

(Signed)

 

Nguyen Tan Dung