Laws of Vietnam

DECIDES:

Article 1.- The State enterprises of the special category include:

1. The State Corporations established by Decision No.91-TTg of March 7, 1994 of the Prime Minister on experimental establishment of business corporations;

2. The State Corporations established by Decision No.90-TTg of March 7, 1994 of the Prime Minister on the continued rearrangement of State enterprises with a prescribed capital of 500 billion VND or more;

3. The independent State enterprises having the following conditions:

- Playing a key role in the national economy;

- Having a prescribed capital of 500 billion VND or more;

- Their general directors are appointed by the Prime Minister.

Article 2.- Based on the conditions specified in Article 1 of this Decision, the Ministry of Labor, War Invalids and Social Affairs shall coordinate with the Ministry of Finance to submit to the Prime Minister the list of State enterprises of special category for approval; and to guide the readjustment of salaries and title allowances for the managerial officials in the State enterprises of the special category.

Article 3.- This Decision takes effect from the date of its signing.

Article 4.- The Ministers, the Heads of the ministerial-level agencies, the Heads of the agencies attached to the Government, the Presidents of the People’s Committees of the provinces and cities directly under the Central Government shall have to implement this Decision.