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Gov’t issues decree on economic groups, corporations

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Source: Pano feed

VGP – The Government has issued the Decree 69/2014/ND-CP on establishment, re-arrangement and operation of State economic groups and corporations.


With regard to compositions, a State economic group/corporation shall have three levels, including the holding company (the first level enterprise) in which the State owns 100% charter capital or holds the controlling right.


The Decree also stipulates specific conditions on setting up a State economic group/corporation.


The Decree shall take effect since September 1, 2014./.



By Huong Giang




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