Decision No. 1729/QD-TTg dated December 29, 2006 of the Prime Minister approving the list of economic groups and state corporations to be equitized in the 2007-2010 period

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Decision No. 1729/QD-TTg dated December 29, 2006 of the Prime Minister approving the list of economic groups and state corporations to be equitized in the 2007-2010 period
Issuing body: Prime MinisterEffective date:
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Official number:1729/QD-TTgSigner:Nguyen Tan Dung
Type:DecisionExpiry date:Updating
Issuing date:29/12/2006Effect status:
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Effect status: Known

THE PRIME MINISTER OF GOVERNMENT
-------

SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
----------

No: 1729/QD-TTg

Hanoi, December 29, 2006

 

DECISION

APPROVING THE LIST OF ECONOMIC GROUPS AND STATE CORPORATIONS TO BE EQUITIZED IN THE 2007-2010 PERIOD

THE PRIME MINISTER

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

Pursuant to the Government's Decree No. 187/2004/ND-CP of November 16, 2004, on transformation of state companies into joint-stock companies;

Pursuant to the Prime Minister's Decision No. 263/2006/QD-TTg of November 15, 2006, promulgating the Government's program of action for stepping up the reorganization, renewal, development, and raising the efficiency, of state enterprises in the 2006-2010 period;

At the proposal of the Steering Committee for Enterprise Renewal and Development and of the Ministries of Industry; Construction; Transport; Fisheries; Agriculture and Rural Development; and Health, the People's Committees of Ho Chi Minh and Hanoi cities, and the Management Boards of economic groups and Corporations 91,

DECIDES:

Article 1.- To approve the list of economic groups and state corporations to be equitized in the 2007-2010 period as stated in the enclosed Appendix.

Article 2.-

1. To assign the ministries and the People's Committees of the cities to direct their economic groups and state corporations mentioned in Article 1 of this Decision in elaborating equitization plans and submit them to the Prime Minister for approval according to current regulations.

2. To assign the Steering Committee for Enterprise Renewal and Development:

a/ To assume the prime responsibility for, and coordinate with the Ministry of Finance, concerned ministries and branches, and the People's Committees of the cities in, reaching agreement on the equitization schedule and directing, guiding and urging the equitization of each corporation, ensuring the set schedule; and quarterly report on the implementation results to the Prime Minister.

b/ To set up a working team composed of departmental-level officials and specialists of the Government Office, the Ministry of Finance, the Ministry of Planning and Investment, the Ministry of Labor, War Invalids and Social Affairs, the Ministry of Home Affairs, and the State Bank of Vietnam to assist the Steering Committee for Enterprise Renewal and Development in performing the above tasks.

Article 3.- The ministers and municipal People's Committee presidents being representatives of owners of the to be-equitized corporations, the Steering Committee for Enterprise Renewal and Development, and the Management Boards of the to be-equitized economic groups and state corporations shall implement this Decision.

 

APPENDIX

LIST OF ECONOMIC GROUPS AND STATE CORPORATIONS TO BE EQUITIZED IN THE 2007-2010 PERIOD
(Enclosed with the Prime Ministers Decision No. 1729/QD-TTg of December 29, 2006)

No.

Names of groups and corporations

Equitization time

2007

2008

2009

2010

I

Economic groups:

 

 

 

 

1

Vietnam Textile and Garment Group (Vinatex)

 

x

 

 

II

Corporations 91:

 

 

 

 

2

Vietnam Airlines Corporation

 

x

 

 

3

Vietnam Paper Corporation

 

 

x

 

4

Vietnam Steel Corporation

 

 

x

 

5

Northern Food Corporation

 

 

x

 

6

Vietnam National Chemical Corporation

 

 

 

x

7

Vietnam Cement Corporation

 

 

 

x

III

State corporations under ministries:

 

 

 

 

 

Ministry of Industry (6):

 

 

 

 

8

Sai Gon Beer, Alcohol and Beverage Corporation (SABECO)

x

 

 

 

9

Hanoi Beer, Alcohol and Beverage Corporation (HABECO)

x

 

 

 

10

Electrical Technical Equipment Corporation

 

x

 

 

11

Vietnam Industrial Construction Corporation (VINAINCON)

 

x

 

 

12

Vietnam Engine and Agricultural Machines Corporation (VEAM)

 

x

 

 

13

Industrial Machinery and Equipment Corporation

 

x

 

 

 

Ministry of Construction (14):

 

 

 

 

14

Construction Mechanical Corporation

x

 

 

 

15

Song Hong (Red River) Corporation

x

 

 

 

16

Housing and Urban Development Investment Corporation

x

 

 

 

17

Construction Corporation No. 1

x

 

 

 

18

Bach Dang Construction Corporation

 

x

 

 

19

Central Vietnam Corporation

 

x

 

 

20

Infrastructure Construction and Development Corporation

 

x

 

 

21

Construction Glass and Porcelain Corporation

 

x

 

 

22

Construction Materials Corporation No. 1

 

x

 

 

23

Hanoi Construction Corporation

 

x

 

 

24

Song Da (Da River) Construction Corporation

 

 

 

x

25

Vietnam Machinery Installation Corporation (LILAMA Corporation)

 

 

 

x

26

Urban and Industrial Zones Development Investment Corporation (IDICO)

 

 

 

x

27

Vietnam Construction Investment Corporation for Water Supply and Drainage and Environment

 

 

 

x

 

Ministry of Transport (10):

 

 

 

 

28

Traffic Works Construction Corporation No. 1

 

x

 

 

29

Traffic Works Construction Corporation No. 5

 

x

 

 

30

Thang Long Construction Corporation

 

x

 

 

31

Waterway Construction Corporation

 

x

 

 

32

Southern Riverway Corporation

 

x

 

 

33

Traffic Works Construction Corporation No. 4

 

 

x

 

34

Traffic Works Construction Corporation No. 6

 

 

x

 

35

Traffic Works Construction Corporation No. 8

 

 

x

 

36

Vietnam Automobile Industrial Corporation

 

 

x

 

37

Northern Riverway Corporation

 

 

x

 

 

Ministry of Fisheries (3):

 

 

 

 

38

Vietnam Fisheries Corporation

x

 

 

 

39

Ha Long Fisheries Corporation

x

 

 

 

40

East Sea Fisheries Corporation

x

 

 

 

 

Ministry of Agriculture and Rural Development (12):

 

 

 

 

41

Vietnam Mulberry, Silkworm and Silk Corporation

x

 

 

 

42

Sugarcane Corporation No. I

x

 

 

 

43

Sugarcane Corporation No. II

x

 

 

 

44

Agriculture and Rural Development Construction Corporation

x

 

 

 

45

Agricultural Supplies Corporation

x

 

 

 

46

Vietnam Forestry Corporation

 

x

 

 

47

Vegetable, Fruit and Farm Produce Corporation

 

x

 

 

48

Animal Husbandry Corporation

 

x

 

 

49

Vietnam National Salt Corporation

 

 

x

 

50

Agriculture and Irrigation Mechanization, Electrification-Construction Corporation (Agrimeco)

 

 

x

 

51

Irrigation Construction Corporation No. 4

 

 

x

 

52

Vietnam National Tea Corporation

 

 

x

 

 

Ministry of Health (1):

 

 

 

 

53

Vietnam Medical Equipment Corporation

x

 

 

 

 

Ministry of Finance (1):

 

 

 

 

54

Vietnam Insurance Corporation

x

 

 

 

 

State Bank of Vietnam (5):

 

 

 

 

55

Bank for Foreign Trade of Vietnam (Vietcombank)

x

 

 

 

56

Mekong River Delta Housing Development Bank

x

 

 

 

57

Industrial and Commercial Bank of Vietnam (Incombank)

 

x

 

 

58

Bank for Investment and Development of Vietnam (BIDV)

 

x

 

 

59

Vietnam Bank for Agriculture and Rural Development (Agribank)

 

 

x

 

IV

State corporations under People's Committees of centrally run cities:

 

 

 

 

 

People's Committee of Hanoi city (5):

 

 

 

 

60

Hanoi Housing Investment and Development Corporation

x

 

 

 

61

Urban Infrastructure Development Investment Corporation

x

 

 

 

62

Hanoi Tourism Corporation (Hanoitourist)

 

x

 

 

63

Hanoi Trade Corporation (HAPRO)

 

 

x

 

64

Hanoi Transportation Corporation (Hanoi Transerco)

 

 

x

 

 

People's Committee of Ho Chi Minh City (7):

 

 

 

 

65

Ben Thanh Corporation

 

x

 

 

66

Sai Gon Trade Corporation

 

x

 

 

67

Sai Gon Transport Mechanical Corporation

 

x

 

 

68

Sai Gon Tourism Corporation (Saigontourist)

 

 

x

 

69

Sai Gon Agricultural Corporation

 

 

x

 

70

Sai Gon Construction Corporation

 

 

x

 

71

Sai Gon Real Estate Corporation

 

 

x

 

 

Total:

20

26

19

06

 

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