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THE
PRIME MINISTER OF GOVERNMENT
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SOCIALIST
REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No:
34/2003/QD-TTg
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Hanoi,
March 4, 2003
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DECISION
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:
Article 1.- To establish
Vietnam Railways Corporation on the basis of reorganizing the existing Vietnam
Railway Union.
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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Article 4.- The Minister
of Communications and Transport shall, after reaching agreement with the
Minister of the Interior, submit to the Prime Minister for appointment, the
Managing Board chairman, the general director and other members of the Managing
Board.
Article 5.-
1. The Corporation’s
Managing Board shall have the responsibility to elaborate the Charter on the
Corporation’s organization and operation and submit it to the Government for
promulgation; appoint deputy-general directors and chief accountant of the
Corporation; and direct the implementation of the plan on the reorganization of
member units according to the roadmap in the enclosed appendix.
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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APPENDIX
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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