Quyết định 132/2003/QĐ-TTg

The Prime Minister approved the scheme on the establishment of Sai Gon Culture Corporation, which shall operate after the parent company-affiliate company model in the cultural domain, step by step conduct multi-branch business with the main branch being the provision of high-quality cultural services.

The parent company is a State enterprise formed on the basis of reorganizing State enterprises under the Culture and Information Service of Ho Chi Minh city.

Affiliate companies are one-member limited liability companies, joint-stock companies and limited liability companies with more than one member, which are set up or transformed from State enterprises.- (Summary)