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THE MINISTRY OF LABOR,
WAR INVALIDS AND SOCIAL AFFAIRS
THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF
VIET NAM
Independence - Freedom – Happiness
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No.
17/1998/TTLT-BLDTBXH-BTC
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Hanoi, December 31,
1998
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JOINT CIRCULAR
GUIDING THE CLASSIFICATION OF STATE ENTERPRISES
In furtherance of Article 11, Decree No.26-CP of
May 23, 1993 of the Government provisionally providing for the new regime of
wages at the enterprises, jointly, the Ministry of Labor, War Invalids and
Social Affairs and the Ministry of Finance issued Circular No.21/LB-TT on June
17, 1993 guiding the classification of enterprises. Over the past more than
four years of implementation, the criteria and norms for classification of
enterprises need to be amended to make them conform with the real situation.
The Ministry of Labor, War Invalids and Social Affairs and the Ministry of
Finance hereby provide the following guidance on the classification of State
enterprises:
I. SCOPE AND SUBJECTS
1. The State enterprises engaged in production
and business according to the Law on State Enterprises and Decree No.59-CP of
October 3, 1996 guiding this Law;
2. The State enterprises engaged in public
utility activities under the Law on State Enterprises and Decree No.56-CP of October
02, 1996 of the Government guiding the Law on State Enterprises.
All those enterprises are hereafter collectively
called State enterprises.
Classification and wage ratings of the managing
officials of State Corporations set up under Decisions No.90-TTg and 91-TTg of
March 7, 1994 of the Prime Minister which have been effected according to
Decision No.185/TTg of March 28, 1996 of the Prime Minister and Decree
No.110-CP of November 18, 1997 of the Government, shall not come under the
regulation of this Circular, except for the member enterprises of the
special-class enterprises which shall still be classified according to the
stipulations and guidance in this Circular.
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An enterprise shall be considered for
classification only if it meets the
following conditions:
1. It has a level of State capital (owner�s capital) of from VND one
billion upward by the time of classification;
2. It is not on the list of State enterprises
subject to transformation of ownership: equitisation, merger, dissolution or
bankruptcy.
III. PRINCIPLES OF
CLASSIFICATION
1. Classification of enterprises is done
according to two groups of norms: extent of complexity in management and
efficiency of production and business.
2. When processing the ratings for
classification of enterprises, the indicators such as turnover, profits, budget
remittances at the time of proposal shall exclude the price adjustment factor
(if any) as notified by the General Department of Statistics compared with the
base criteria and norms issued together with this Circular. The non-profitable
enterprises shall not be rated on the norms of profit. If it suffers losses it
shall have its points subtracted.
3. All State enterprises which have been
classified and made wages ratings according to the prescriptions and guidance
in Circular No.21/LB-TT of June 17, 1993 shall revise these ratings and reorder
their categories according to this Circular.
4. Three years (36 full months) after the
classification is decided, the agency issuing the decision on classification
shall have to consider and reclassify the enterprises.
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IV. NORMS AND CRITERIA FOR
CLASSIFICATION
A. NORMS FOR CLASSIFICATION
The classification criteria and the ratings of
each group of norms are determined as follows:
1. The group of norms for managing complexity
accounts for 50 per cent-60 per cent of the total rating including the
following concrete norms:
a/ Capital for production and business (capital
of owner) is the total capital belonging to State ownership managed by the
enterprise and determined up to the time of classification, including :
- Business capital (code number 411 on the
accountancy balance of the enterprise).
- Development investment fund (code number 414
on the accountancy balance of the enterprise);
- Capital construction investment capital (code
number 418 on the accountancy balance of the enterprise);
- Financial reserve fund (code number 415 on the
accountancy balance of the enterprise).
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c/ Managing centre: is the number of units
conducting depending accountancy, or regular book entry accountancy attached to
the enterprise.
d/ Level of production technology:
The level of production technology is based on
the generation of machinery and equipment; it is divided into three types:
- High technology: using modern machinery,
equipment and production technology of the same level as in the developed
countries and countries in the region;
- Intermediate technology: using machinery
equipment and production technology of the intermediate level of the developed
countries and countries in the region;
- Low technology: using retraining machinery,
equipment and production technology.
The Ministries and branches should concretize
these norms to make them conform with the realities of production and business
of the branches after consultation with the inter-ministries.
e/ Labor force: is the average of labor force
actually used each year.
2. Group of norms on production and business
efficiency accounts for 40 per cent - 50 per cent of the total of points
comprising the following concrete norms:
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- Profits from business activities (code number
20);
- Profits from financial activities (code number
40);
- Irregular profits (code number 50).
Details of these profits and interests are
reported in form No.B02 on results of production and business activities in the
financial reporting regime, issued together with Decision No.1141-TC/QD/CDKT of
November 1st, 1995 of the Ministry of Finance.
b/ Remittance to State budget: reflects the
actual amount remitted to the State budget according to the amounts arising in
the period (not including the preceding period�s
deficit remitted in this period) including taxes and other remittances as
stipulated by the State in the reporting year (not including the import and
export taxes, the social insurance contributions, medical insurance, trade
union expenditures, payments of fines and surcharges).
c/ Profit rate: is the % rate between profits
achieved on the State capital existing up to the end of the fiscal year at the
enterprise (applied to State enterprises operating in production and business).
Specifically for the State enterprises engaged
in public utility activities, the group of norms on production and business
efficiency shall be rated as follows:
- If the enterprise has to fill quotas for
budget and profit remittance, the group of efficiency norms is rated as
stipulated in Clauses a and b, Point 2 above.
- If the enterprise operates for purely public
utility, has no quota for budget remittances and no profits, the ratings of
this group of norms shall be written clearly the table of criteria, and norms
for enterprise classification issued together with this Circular (not attached
herewith).
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Example: Enterprise A in July 1999 sends a
written proposal for classification. The data used for rating and
classification are taken from the financial accounting reports in 1997 and
1998. The reference figures are those realized in the first six months of 1999.
For newly set up enterprises which do not have
enough statistics for ratings in classification, the basis to rely on are the
economic and technical plan. The competent agency shall compare it with the
enterprises already classified to issue a provisional decision on
classification in Category II and lower within no more than two years and send
it to the two ministries issuing this Circular for monitoring and inspection
and provision of guidance for the enterprise in conducting the classification
according to the stipulations and guidance in this Circular.
B. CRITERIA FOR CLASSIFICATION
1. Table of criteria for classification:
The data of the final financial accounting and
the norms for classification mentioned above shall serve as basis for ensuring
unified State management and balance of criteria of classification of the
enterprises. The tow ministries herein have issued Appendix No. 01 attached to
this Circular titled "Criteria for classifying enterprises in the branch
or group of branches" applicable in the whole country *.
(* The Appendix is not included herein)
2. The rating when the criteria lie within the
limit of minimum and maximum points of the table of standard points shall
follow this formula:
Ddn =
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x (Dmax - Dmin)
+ Dmin
Tmax - Tmin
Of which:
Ddn is the rating made according to the
norms;
Tdn is the value of the rating norm of
the enterprise;
Tmin is the minimum value of the rating
norm in the criteria table;
Tmax is the maximum value of the rating
norm in the table of criteria;
Dmax is the maximum of the rating norm in
the table of criteria;
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Example: Enterprise A of the construction and
installation service has a targeted turnover (Tdn) of VND25 billion in the
reporting year for consideration in the classification of enterprises. Tmin is
VND5 billion; Tmax is VND40 billion; Dmin is 5 points; Dmax is 14 points.
According to the above formula, the rating of the targeted turnover of
Enterprise A shall be:
Ddn =
25 - 5
x (14- 5)
+ 5 = 10.13 (points)
40 - 5
3. For enterprises engaged in production and
business in many branches and trades, on the basis of the branches and trades to
which they are licensed, the commodity line having the biggest turnover with
the biggest proportion in the total turnover shall be chosen as criterion for
classification.
Example: Enterprise B of the engineering industry
has the main function and task as allowed by the competent agency to produce
engineering products, and construction steel and to trade in machinery and
equipment. The turnover from engineering products makes up 25% of the total
turnover, while the turnover from construction steel makes up 40% of the total
turnover and the turnover from the business in machinery and equipment makes up
35% of the total turnover of the enterprise. According to the above
stipulation, Enterprise B is allowed to choose metallurgy as criterion for
consideration for classification corresponding with the biggest proportion,
40%, in its total turnover.
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a/ Enterprise (Office of the enterprise) located
in a region with area allowances;
- Where area allowance is 0.3 and 0.4: addition
of 3 points;
- Where area allowance is 0.5: addition of 5
points;
- Where area allowance is 0.7 upward: addition
of 7 points.
b/ Enterprises exceeding prescribed profit rate:
- If the realized profit is from 10% to 30%
higher that the maximum profit on the table of prescribed norms, one point
shall be added;
- If the realized profit is from 30% to 50%
higher than the maximum profit on the table of prescribed norms, 2 points shall
be added;
- If the realized profit is from 50% to less
than 100% higher than the maximum profit on the table of prescribed norm, 3
points shall be added.
- If the realized profit is 100% or more higher
than the maximum profit on the table of prescribed norms, 4 points shall be added.
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- If the arising losses account for less than
30% of the State capital, 2 points shall be subtracted;
- If the arising losses account for from 30%
upward of the State capital, 4 points shall be subtracted.
V. PROCEDURES, DOSSIER AND
MANAGEMENT OF CLASSIFICATION OF ENTERPRISES.
1. Procedures and dossier applying for
classification of enterprise:
a/ Responsibility of the enterprise: basing
itself on the prescriptions and guidance in this Circular, the enterprise shall
count the points itself according to the norms and projected classification and
send the official dispatch to the agency with competence to decide on the
classification (the local enterprises shall send it to the People’s Committee
of the province or centrally- run city, while the central enterprises shall
send it to the branch and domain managing ministry; and the enterprises
attached to the Corporation set up under Decision No.91-TTg of March 7, 1994
shall send it to the Managing Board of the Corporation). The dossier proposing
classification includes:
- The official dispatch proposing the
classification of the enterprise;
- The table of ratings according to the norms of
the enterprise;
- A copy of the financial final account of the
two consecutive previous years already inspected by the specialized agency
applying for classification (notarized by the State Notary) and the data on the
norms already realized up to the time of the proposal of classification.
b/ Responsibility of the branch and domain
managing ministry, the People’s Committee of the province or centrally-run
city, the Managing Board of the Corporation set up by Decision No.91-TTg of
March 7, 1994 (called agency with competence to decide on the classification of
enterprises for short).
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Thirty days at the latest after receiving the
full dossier, it must issue the decision on classification or to answer the
enterprise on the reason why the enterprise has not been classified. Past 30
days, if no answer is made the enterprise shall be allowed to make its wage
ratings according to the category it has proposed.
- To receive, examine and inspect the dossier of
proposal for classification in Category I of the enterprises, list the wage
ratings as directed and send an official dispatch of proposal attached to the
dossier of the enterprise it to the Ministry of Labor, War Invalids and Social
Affairs to examine and reach agreement before the competent agency issues the
decision on classification.
c/ Responsibility of the Ministry of Labor, War
Invalids and Social Affairs and the Ministry of Finance;
- The Ministry of Labor, War invalids and Social
Affairs has the responsibility to receive and check the dossier of proposal for
classification in Category I. Within 10 days after reception of the full
dossier of proposal for classification, it must send in official dispatch to
ask the opinion of the Ministry of Finance;
- The Ministry of Finance shall check the data
in the financial accounting report of the enterprise and reply in writing to
the Ministry of Labor, War Invalids and Social Affairs within 15 days after
receiving the official dispatch of the Ministry of Labor, War Invalids and
Social Affairs.
Within 30 days after receiving the full dossier
of proposal for classification, the two said ministries must reply in writing
to the agency with competence to issue the decision on classification. Past
this 30 days time-limit, the branch and domain managing Ministry, the People’s
Committee of the province or centrally-run city, the Managing Board of the
Corporation set up by Decision No.91-TTg shall be entitled to issue the
decision on classification according to the category already proposed.
2. Management of the classified enterprises:
Three years after classification, the enterprises
and the agencies with competence to issue the decision on classification shall
have to sum up the situation and report the situation of the norms for
classification realized in the three years for consideration of whether to
raise or lower the category or to keep the category unchanged according to the
following regulations:
a/ For the enterprises : They must sum up the
data according to the classification norms (Form No.1) and report to the agency
with competence to issue the decision on classification (the branch and domain
managing Ministry, the People’s Committee of the province or centrally-run
city, the Managing Board of the General Corporation set up by Decision
No.91-TTg of March 7, 1994.)
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- On the basis of the report of the enterprise,
they shall have to check and sum up the data of all the enterprises from
Category I to Category IV under their jurisdiction (Form No.2) and send the
report to the Ministry of Labor, War Invalids and Social Affairs.
- On the basis of the reported data of the
enterprises, they shall revise the ratings under various norms of
classification as prescribed, then readjust or maintain the category according
to the ratings which the enterprises have achieved. In particular for the
enterprises asking to be raised to Category I, the procedures and dossiers
shall be sent to the two ministries mentioned herein according to Point 1,
Section V above.
If on the due date, an enterprise does not produce
the report as prescribed, the agency with competence to decide on the
classification shall issue a document to downgrade it by one category and shall
keep this classification until the enterprise has filed the full report. Then
its case shall be revised for reclassification according to the actual ratings
it hits reached.
VI. WAGE RATING FOR MANAGING
PUBLIC EMPLOYEES AT ENTERPRISES
1. Wage rating according to categories of
enterprise for managing public employees.
The wage rating for managing public employees at
enterprises must be based on the category of enterprises concerned and the wage
coefficient the public employee is currently enjoying in order to classify
him/her according to prescriptions. More concretely:
a/ If the coefficient of the position,
speciality or professional wage plus the position allowances and the retained
difference of coefficients (if any) currently applied is lower than the
coefficient of wage level 1, the classification is wage level 1. The time for
the next wage rating shall be counted from the day when the classification of
the enterprise is decided.
Example 1 : Mrs. B is Section Head of an
enterprise of Category II, level 2 on the wage scale, class principal
specialist, wage coefficient 3.54 and leading post coefficient 0.3; total wage
coefficient is 3.84 (3.54 + 0.3). In March 1999, Mrs. B is appointed Deputy
Director of the said enterprise. She is rated wage level 1, her title is Deputy
Director of an enterprise of Category II, the wage coefficient is 4.32. The
time to consider wage increase is counted from the date when there is the
decision to rate her wage level 1 in her capacity as Deputy Director of an
enterprise of Category II.
In case the total wage coefficient (comprising
the wage coefficient plus position allowances and retained difference
coefficient, if any) which she is enjoying is lower than the coefficient of
wage level 1 but this difference is less than 70% of the difference between
wage levels 1 and 2 then the time to consider the next wage increase shall be
counted from the date of the decision on the former wage rating.
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4.98 - 4.84
x 100 = 50% < 70%
5.26 - 4.98
b/ If the position wage coefficient or the
speciality and professional wage coefficient plus position allowances and the retained
difference coefficient (if any) currently applied is higher than the
coefficient of wage level 1 but lower than the wage coefficient level 2, he
shall be rated level 1 and enjoy the retained coefficient difference. The time
to consider the next wage increase shall be counted from the date of the
decision on the former wage rating. When his wage is raised to level 2, he
shall cease enjoying the retained difference of wage coefficients.
Example 3: Mr. N is section head of a Ministry
office, wage level 6, class principal specialist, wage coefficient 4.75 from
October 1998 and position allowance coefficient 0.4; total current wage
coefficient is 5.15 (4.75 + 0.4). In January 1999 Mr. N is appointed Director
of the Category-II enterprise, wage level with position its Director of a
Category- II enterprise, wage coefficient 4.98 and retained difference
coefficient 0.17 (5,15 - 4,98). The time to consider wage increase for Mr. N is
counted from October 1998.
c/ If the current coefficient of position wage
or coefficient of speciality and professional wage plus position allowances and
retained coefficient difference (if any) is equal to wage coefficient level 2,
he shall be rated into level 2. If the current total of wage coefficient is
higher than the wage coefficient level 2, he shall still be entitled to
coefficient of wage level 2 and shall enjoy the retained regime of difference
of coefficients.
Example 4: Mr. D is department head, wage level
3, class high-level specialist, wage coefficient 5.54, position allowances
coefficient 0.8; current wage coefficient is 5.54+ 0.8 = 6.34. Mr.D is
appointed Director of a Category-I enterprise, he receives wage level 2 with
wage coefficient 6.03 and retained difference coefficient 0.31 (6.34 - 6.03).
2. Reclassification of managing public employees
(director, deputy directors, chief accountants) and leading official allowances
in case of change of category of enterprise.
When the category of the enterprise changes, the
wage coefficient and leading position allowances of the managing personnel of
the enterprise shall also change according to the new category, without
retaining the wage coefficient and the leading position allowances according to
the former category.
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When decision is taken to class the enterprise
on a higher or lower category than the former category, the wage coefficients
of the managing positions of the enterprise (Director, Deputy Directors, Chief
Accountant) shall be reclassified on the principle: level 1 of former category
shall be classified into level 1 of new category, level 2 of former category
into level 2 of new category.
Example 5: Mr. X is Director of an enterprise of
Category II, is currently rated into wage level 2, wage coefficient 5.26. In
1999 the enterprise of Mr. X is raised to Category I, Mr. X shall be rated into
wage level 2 of the Category-I enterprise; wage coefficient 6.03.
Example 6: Mrs. Y is Director of an enterprise
of Category I, wage level 1, coefficient 5.72. In 1999 Mrs. Y�s enterprise is classified
Category II and Mrs. Y is rated into wage level 1 of the Category-II
enterprise, wage coefficient 4.98.
For an enterprise that is downgraded in
category, the branch and domain managing ministry, the People�s Committee of the province
or centrally-run city; the Managing Board of the General Corporation founded by
Decision No.91-TTg of March 7, 1994, basing themselves on the concrete
situation and the development trend of the enterprise, may consider and allow
the enterprise to retain the former category within a period of no more than a
year. Afterward, they shall consider and calculate the points and classify the
enterprise in the right category according to prescriptions.
In special cases, the managing employees of the
enterprise (Director, Deputy Directors, Chief Accountant) with long seniority
who have gone through many leading positions and are approaching retirement age
(more than 57 years for men and over 52 for women) shall be reported to the
agency competent for category classification and wage rating to consider for
retaining their former wages until retirement.
b/ In case the enterprise is kept at its former
category: the wages of the managing posts at the category shall be kept at the
former rating and shall be considered for wage increase as prescribed.
3. Readjustment of wages when the managing
employees at the enterprise change to other jobs:
In case managing employees at the enterprise
cease their managing posts and change to other jobs, their wages shall be readjusted
according to the principle "receiving wages of the job and post they are
assigned to", neither retention of the former wages nor change to the
corresponding new wages is allowed.
When they are assigned to new jobs, based upon
their specialized and professional standard required by the new jobs, their
positions and the criteria stipulated in Circular No.04/1998/TT-BLDTBXH of
April 4, 1998, their wages shall be readjusted. Their new wage coefficient
shall be the current coefficient minus the leading position allowances
coefficient designed in the system of position wages in Appendix 02 issued
together with this Circular (not included herein). The remaining wage
coefficient shall be transferred to the level nearest the corresponding wage
coefficient of the class in the table of wages of speciality, professional,
executive and service jobs in the enterprise. The time for wage rise shall be
counted from the time they receive their wage coefficient rating before the
change.
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- Current wage coefficient 4.32 minus the
position allowances coefficient 0.5 (4.32- 0.5 = 3.82).
- The new rating is 3.82 level 3, class
principal specialist, 3.82 being the coefficient of the wage scale of
specialized, professional, executive and service personnel at the enterprise.
In addition, Mr. A shall receive the allowances for the position of Section
Head according to the classification in the Corporation. The time to consider
pay rise for Mr. A shall be counted from May 1997.
Example 8: Mrs. B is Director of an enterprise
of Category I of Corporation Y, is rated level 2/2 for wage classification in
the position of Director of the enterprise of Category I, wage coefficient 6.03
from December 1996. In May 1999, she is appointed specialist at the office of
the Corporation. As in the earlier example, Mrs. B is rated wage level 3, class
high-grade specialist, on the specialist, professional, executive and service
wage scale at the enterprise, wage coefficient 5.15 (because 6.03 - 0.8 = 5.23
which is close to 5.15). The time for wage increase is counted from December
1996.
In special cases when the managing employee at
the enterprise has a long seniority, has gone through many leading posts, and
is nearly retirement age (over 57 for men and over 52 for women), the case
shall be considered and handled concretely as in Point 2 mentioned above.
VII. IMPLEMENTATION
ORGANIZATION
1. On the basis of the criteria and norms
stipulated and guided at this Circular, the branch and domain managing
ministries, the Presidents of the People’s Committees of the provinces and
centrally-run cities and the Chairmen of the Managing Boards of Corporations 91
shall guide the enterprises to make the ratings as stipulated, consider and
issue decisions to classify the enterprises from Category II to Category IV for
the enterprises under their managerial power on the basis of the number of
points achieved by each enterprise.
For Category I enterprises, on the basis of the
proposals of the branch and domain managing ministries, the People’s Committees
of the provinces and centrally-run cities and the Chairmen of the Managing
Boards of Corporations 91, the Ministry of Labor, War Invalids and Social
Affairs shall consider and issue a document of agreement after consulting the
Ministry of Finance.
- In case the enterprise is not qualified to be
classified (is stipulated in Section II of this Circular or does not have
enough points for classification in Category IV, the branch and domain managing
ministries, the People’s Committees of the provinces and centrally-run cities,
the Managing Boards of Corporations 91 shall consider to rate the wages for the
highest managing positions on the principle: not to rate the wage coefficient
(including position allowances) higher than the wage coefficient of the deputy
director of an enterprise of category IV. The remaining managing and leading
positions shall be listed in the wage coefficients lower than the wage
coefficient of the highest managing position.
- In case the enterprise lies in the list of
those to be equitized, dissolved, bankrupt or merged, the managing employees of
the enterprise are allowed to keep their wages and position allowances (if any)
until the enterprise is equitized, dissolved, bankrupt or merged. Then the
managing employees shall have their wages readjusted to the jobs or positions
they are appointed at the new unit.
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On the basis of the ratings and the decisions on
classification by the branch and domain managing ministers, the People’s
Committees of the provinces or centrally-run cities and the Managing Boards of
General Corporations 91, the two ministries issuing this Circular, shall
organize the inspection and handling of the contraventions of current
prescriptions.
The Heads of the branch and domain managing ministries,
the Presidents of the People’s Committees of the provinces and centrally-run
cities, the Chairmen of the Managing Boards of Corporations 91 are accountable
to the Government and the two ministries issuing this Circular for the
classification of the enterprises as prescribed.
3. With regard to the member units attached to
the enterprises from Category I downward the managing employees of the member
units shall be rated for their wages in specialities and professions and shall
enjoy position allowances like a section head and deputy section head according
to the category of the enterprise already classified, In case classification is
necessary it shall be reported to the two ministries mentioned herein for
examination and concrete handling.
4. With regard to the enterprises which do not
yet have criteria for classification, the branch and domain managing
ministries, the People�s
Committees of the provinces and centrally-run cities, the Managing Boards of
Corporations 91 should work out supplementary criteria or use the criteria
stipulated in this Circular. Before implementation they should make written
proposals to the two ministries mentioned herein in order to reach agreement or
to have supplementary regulations.
5. From 1999 on, when counting points for
classification or considering the readjustment of the category of enterprises;
the factor of price fluctuation shall be excluded from the norms such as
turnover, remittance to the budget and profits on the basis of the general
price index compared to 1998 on the basis of the data published by the General
Department of Statistics. The formula to rule out the element of price
fluctuation is as follows:
Txs =
Txt
Hcg
In which:
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- Txt is norm x before ruling out the
price fluctuation factor.
- Hcg is the price index of the year to
propose classification compared to 1998.
Example: According to the final financial
accounting, in the year 2000 Enterprise A achieves a turnover of VND300 billion,
and in the year 2001, VND350 billion. In June 2002, the enterprise proposes
consideration for reclassification of its category. According to the notice of
the General Department of Statistics, the price indices of the years are as
follows:
- In 1999 it is 1.07 or 7% over 1998.
- In 2000 it is 1.08 or 8% over 1999.
- In 2001 it is 1.06 or 6% over 2001.
Thus, the turnover index for calculating points
according to the classification table for classifying Enterprise A after ruling
out the price fluctuation factor over the years is:
In 2000:
Txs =
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= VND259.5 billion
1.07 x 1,08
In 2001:
Txs =
350
= VND 285.7 billion
1.07 x 1.08 x1.06
6. This Circular takes effect 15 days after its signing
and replaces Circular No.21/LB-TT of June 17, 1993 of the Ministry of Labor,
War Invalids and Social Affairs and the Ministry of Finance - and the Circulars
of the branch and domain managing Ministries to guide the classification of
enterprises.
In the process of implementation if any
difficulty arises, the Ministries, branches and localities should report to the
Ministry of Labor, War Invalids and Social Affairs and the Ministry of Finance
for consideration and settlement.
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FOR THE MINISTER OF
FINANCE
VICE MINISTER
Tran Van Ta
FOR THE MINISTER OF
LABOR, WAR INVALID AND SOCIAL AFFAIRS
VICE MINISTER
Le Duy Dong