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| THE PRIME MINISTER OF GOVERNMENT | SOCIALIST REPUBLIC OF VIET NAM |
| No: 34/2003/QD-TTg | Hanoi, March 4, 2003 |
ON THE ESTABLISHMENT OF VIETNAM RAILWAYS CORPORATION
THE PRIME MINISTER
Pursuant to the Law on Organization of the Government of December 25, 2001;
Pursuant to the State Enterprises Law of April 20, 1995;
At the proposal of the Minister of Communications and Transport,
DECIDES:
Vietnam Railways Corporation (hereinafter called the Corporation for short) is a State corporation which is engaged in business activities and performs the tasks of managing, exploiting and maintaining the system of railway infrastructure assigned by the State, has the legal person status as well as civil rights and obligations prescribed by law, takes self-responsibility for all its business activities within the capital amount managed by itself; has seal, assets and concentrated funds, may open accounts at the State Treasury as well as domestic and foreign banks according to law provisions, is organized and operates in accordance with the Corporation’s Charter.
Vietnam Railways Corporation has its international transaction name of Vietnam Railways (abbreviated to VNR).
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Article 2.- The Corporation has the following principal tasks:
1. To do business in domestic and international railway transport, multi-mode transportation; to provide transport agency and services; to manage, exploit, maintain and repair the national railway infrastructure system; to provide consultancy on, survey, design, manufacture, build and repair specialized railways means, equipment and accessories as well as mechanical products; to provide consultancy on, survey, design and build communications, irrigation, industrial and civil works; to produce and trade in construction materials, consumer goods and foodstuffs; to deal in real estates as well as tourism, hotels, goods import and export, telecommunications and informatics services; printing; labor export; to cooperate and enter into joint ventures with domestic and foreign organizations in railway activities and conduct other business activities according to law.
2. To receive and efficiently use capital, natural resources, land and other resources assigned by the State for the performance of production and business development task.
3. To organize the study and application of scientific and technological advances; to train and foster officials and workers who can meet the branch development demand.
Article 3.- Organization and operation
1. The Corporation is organizationally structured to include:
- The Managing Board and the Control Board;
- The general director and the assisting apparatus;
- Member units at the time the Corporation is set up, as seen in Appendix enclosed herewith.
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2. The Minister of Finance shall assume the prime responsibility and coordinate with the Ministry of Communications and Transport in allocating capital to the Corporation.
Article 6.- This Decision takes effect 15 days after its signing.
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 centrally-run cities, the Managing Board and the general director of Vietnam Railways Corporation shall have to implement this Decision.
THE PRIME MINISTER OF GOVERNMENT
DEPUTY PRIME MINISTER
Nguyen Tan Dung
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LIST OF VIETNAM RAILWAYS CORPORATION’S MEMBER UNITS AT THE TIME OF ITS ESTABLISHMENT AND REORGANIZATION PLAN TILL 2005
(Issued together with the Prime Minister’s Decision No. 34/2003/QD-TTg of March 4, 2003)
Ordinal number
Names of enterprises
Reorganization roadmap (year)
Notes
A
Independent-accounting State enterprises
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I
State enterprises whose legal person status remains unchanged and 100% of their charter capital are held by the State
1
Ha Hai Railways Management Company
2003
2
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2003
3
Yen Lao Railways Management Company
2003
4
Ha Lang Railways Management Company
2003
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5
Vinh Phu Railways Management Company
2003
6
Ha Ninh Railways Management Company
2003
7
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2003
8
Nghe Tinh Railways Management Company
2003
9
Quang Binh Railways Management Company
2003
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10
Binh Tri Thien Railways Management Company
2003
11
Quang Nam – Da Nang Railways Management Company
2003
12
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2003
13
Phu Khanh Railways Management Company
2003
14
Thuan Hai Railways Management Company
2003
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15
Sai Gon Railways Management Company
2003
16
Hanoi Railways Information and Signals Company
2003
17
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2003
18
Vinh Railways Information and Signals Company
2003
19
Da Nang Railways Information and Signals Company
2003
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20
Sai Gon Railways Information and Signals Company
2003
II
Enterprises to be transformed into one-member limited liability companies
1
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2004
2
Hai Phong Carriage Company
2004
3
Di An Carriage Company
2005
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4
Railways Investment and Construction Consultancy Company
2005
III
Enterprises to be equitized
1
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1.1
Works Company No. 6
2003
1.2
Railways Works Company No. 3
2003
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1.3
Railways Works Company No. 2
2004
1.4
Da Nang Railways Supplies Company
2004
1.5
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2004
1.6
Railways Works Company
2005
1.7
Hoang Mai Stone Enterprise (to be merged in 2003 with Railways Works Company for equitization)
2005
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1.8
Railways Materials and Equipment Import, Export and Supply
2005
2
Enterprises to be equitized with the State holding at least 51% of the shares when selling their shares for the first time
2.1
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2003
2.2
Sai Gon Railways Tourist Service Company
2003
2.3
Railways Rubber Company
2003
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2.4
Dong Mo Stone Company
2003
2.5
Hanoi Works Construction Company
2004
2.6
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2004
2.7
Da Nang Railways Mechanical Engineering Company
2004
2.8
Works Construction Company No. 1
2004
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2.9
Information, Signals and Electric Works Company
2005
2.10
Communications and Transport Housing Investment and Construction Company
2005
3
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3.1
Thuan Hai Construction Materials Enterprise
2003
3.2
Railways Works Company No. 1
2003
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3.3
Da Nang Works Construction Company
2003
3.4
Railways Transportation Service Company
2004
3.5
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2004
B
Dependent-accounting enterprises
1
Railways Cargo Transportation Company
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2
Hanoi Railways Passenger Transportation Company
3
Sai Gon Railways Passenger Transportation Company
4
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5
Railways Newspaper
6
Railways Prophylactic Medicine Center
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C. Non-business units
1. Railways Intermediate Vocational School;
2. Railways Technical and Professional Training School No. II;
3. Railways Projects Management Unit (RPMU);
4. Railways Projects Management Unit of Region 1;
5. Railways Projects Management Unit of Region 2;
6. Railways Projects Management Unit of Region 3.
D. Representative offices
1. Representative office of Vietnam Railways Corporation in Central Vietnam;
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E. Joint-stock companies with capital contributed by the Corporation
1. Hai Van Nam Hotel Joint-Stock Company;
2. Railways Transportation Service Joint-Stock Company of Region 1;
3. Railways Transportation and Trade Joint-Stock Company.
F. Joint-venture company
1. Hanoi Railways Tourist Service Company.-
THE PRIME MINISTER OF GOVERNMENT
DEPUTY PRIME MINISTER
Nguyen Tan Dung
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Decision No. 34/2003/QD-TTg of March 4, 2003, on the establishment of Vietnam railways corporation
- Số hiệu: 34/2003/QD-TTg
- Loại văn bản: Quyết định
- Ngày ban hành: 04/03/2003
- Nơi ban hành: Thủ tướng Chính phủ
- Người ký: Nguyễn Tấn Dũng
- Ngày công báo: Đang cập nhật
- Số công báo: Đang cập nhật
- Ngày hiệu lực: 19/03/2003
- Tình trạng hiệu lực: Kiểm tra