Before June 20, national defense and security enterprises must disclose employees' average income in Vietnam

Recently, the Government of Vietnam signed to promulgate Decree 93/2015/ND-CP regulating the organization, management, and activities of defense and security enterprises.

National  Defense  and  Security  Enterprises,  Decree  93/2015/ND-CP

Illustrative image (source: internet)

According to Article 7 of Decree 93/2015/ND-CP, national defense and security enterprises are required to publish the following information on the company’s portal or website, the representative agency of the owner, and the Ministry of Planning and Investment before June 20 each year:

a) The name, address of the headquarters, and the legal representative;

b) The operational history of the enterprise, long-term development goals, the results of the goals achieved during the year, and goals for the following year;

c) Report on key economic indicators (revenue, profit, contributions to the state budget, owner's equity, charter capital) of the previous year;

d) Plan and results of restructuring or renewing the enterprise (if any); a list of companies where the enterprise holds over 50% of the charter capital;

đ) Average income of employees.

Specifically, based on the regulations on periodic information disclosure of state enterprises, national defense and security enterprises must send information that cannot be disclosed due to national defense and security secrets to the representative agency of the owner. Before August 31 each year, the representative agency of the owner is responsible for compiling and sending this information to the Ministry of Planning and Investment, the Ministry of Finance for monitoring, giving opinions, or reporting to the Prime Minister of the Government of Vietnam if necessary.

Refer to more regulations in Decree 93/2015/ND-CP, effective from December 1, 2015.

Thu Ba

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