Government sets up committee for state capital management in businesses

SGGP
The Government has issued Decree 09 on the establishment of the committee for management of state capital in businesses.

Ton Duc Thang University, a project provided loan by Ho Chi Minh City Financial Investment Company (HFIC)

Ton Duc Thang University, a project provided loan by Ho Chi Minh City Financial Investment Company (HFIC)

The committee will conduct the function of owner representatives of enterprises in which the state holds 100 percent of chartered capital and state-owned entities in joint stock companies and limited liability companies with two members and more according to the law.
The committee is an enterprise with legal status, seal and account opened at the State Treasury.


By LAM NGUYEN – Translated by Hai Mien

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