THE PRIME MINISTER
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 888/QD-UBND
  

 

 
DECISION

Aproving the Scheme on re-structuring Of Vietnam Posts and Telecommunications Group (VNPT) for the period 2014-2015

Pursuant to the Law on organization of Government dated December 25, 2001;
Pursuant to Decree No. 99/2012/ND-CP dated November 15, 2012 of the Government on assignment and decentralization of implementing the rights and obligations of all state-owned enterprises and the State capital invested in enterprises;
Pursuant to Decision No. 929/QD-TTg dated July 17, 2012 of the Prime Minister approving the Scheme on restructuring of state-own enterprises, focusing on State economic groups and corporations for the period 2011 - 2015;
Considering the proposal of the Minister of Information and Telecommunications,
DECIDES:
Article 1. Approving the Scheme on restructuring of Vietnam Posts and Telecommunications Group (VNPT) for the period 2014-2015 with the following contents:
I. OBJECTIVES
Developing  VNPT, focusing on the areas of production and business of products, telecommunication services, information technology, multimedia; improving the efficiency of production and business with high competition capacity; keeping the key role in the telecommunications industry of Vietnam; forming the sustainable telecommunications market and healthy competition; contributing to boost social and economic development to ensure security, national defense and implementation of industrialization and modernization of the country.
II. CONTENT
1. Name: Vietnam Post and Telecommunications Group
2. Transaction name: Vietnam Post and Telecommunication Group
International transaction name: Vietnam Posts and Telecommunications Group.
Abbreviated name: VNPT.
2. Business lines:
a) Business products, services and telecommunications, information technology and multimedia; consultancy, survey, design, installation, use, maintenance, repair, leasing of works, telecommunications equipment, information technology; research, development, fabrication, manufacturing of equipment and products of telecommunications and information technology; trading and distribution of equipment and products of telecommunications and information technology.
b) Business lines related to the main business lines of business: Financial investment in the area of telecommunications, information technology and multimedia; advertising, market research, organization of conferences, seminars and exhibitions related to the main business lines; business of office leasing services for the existing offices of VNPT;
3. Charter capital of VNPT: The Prime Minister shall decide it on the basis of proposal of the Ministry of Information and Communications and evaluation of the Ministry of Finance;