Quyết định 243/2003/QĐ-TTg

To approve the scheme on reorganization and experimental transformation of Vietnam National Sea Products Corporation (SEAPRODEX) under the Ministry of Fisheries to operate after the model of parent company-affiliate company.

The parent company shall be formed on the basis of the Office of Vietnam National Sea Products Corporation, its dependent accounting enterprises and Ho Chi Minh City Aquatic Product Export and Import Company. The affiliate companies may be State enterprises, one-member limited liability companies with 100% of State capital, joint-stock companies, limited liability companies with two members or more in which the parent company holds dominant shares or contributed capital (over 50% of the charter capital).

This Decision takes effect 15 days after its publication in the Official Gazette.- (Summary)