THE PRIME MINISTER OF GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 60/2003/QD-TTg
Hanoi, April 18, 2003
 DECISION
ON THE EXPERIMENTAL TRANSFORMATION OF VIETNAM SHIPBUILDING CORPORATION TO OPERATE AFTER THE PARENT COMPANY-AFFILIATE COMPANY MODEL
THE PRIME MINISTER
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the April 20, 1995 Law on State Enterprises;
Pursuant to the June 12, 1999 Law on Enterprises;
At the proposal of the Managing Board of Vietnam Shipbuilding Corporation and opinions of the Ministries of: Communications and Transport, Planning and Investment, Finance, and Interior,
DECIDES:
Article 1.- To approve the scheme on experimental transformation of Vietnam Shipbuilding Corporation to operate after the parent company-affiliate company model with the following contents:
1. The scheme aims to experimentally renovate the production and business organization of Vietnam Shipbuilding Corporation, to create conditions for associating and developing the capabilities of its member enterprises for the development of the shipbuilding industry, the acceleration of the capital accumulation and concentration process in order to step by step form the State’s Shipbuilding Group, which shall conduct multi-sector business on the basis of the main sector being sea-going ship building and repair; to create close relationships and clearly define the interests and responsibilities regarding the products, capital and economic benefits among enterprises having legal person status; to provide better information, marketing, consumption, supply, research and training services to the associating units, raise the prestige and competitiveness of enterprises and the Corporation’s products on the market.

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2. The scheme’s principal contents:
 

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