Specifically, besides rights such as: deciding the objectives, strategies, sectors and doing business, working capital in State owned enterprises…The Prime Minister has rights to decide on the establishment, objectives, tasks and lines of business; reorganization, change of ownership, dissolution and bankruptcy requirement for economic groups and State Capital Investment Corporations; To decide on the appointment, reappointment, dismissal, resignation, reward, discipline of chairman of the Members’ Council; To approve the policy to establish subsidiaries with 100% of state capital of state-own corporations, companies under the Ministries, the provincial-level People's Committees, at the request of the Ministries, the provincial-level People's Committees.

At the same time, the Decree also clearly regulated the rights, obligations of the Prime Minister for the enterprises that tha State holds more than 50% of charter capital such as: To decide on the hold, increase or decrease of state capital invested in the state economic groups after equitization; class of shares and the total number of shares of each class to be offered.

This Decree takes effect from December 30, 2012.

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