Vietnam: Attendees of the conference to collect votes of confidence to appoint on-site personnel

According to the Decree No. 97/2015/NĐ-CP of the Vietnam’s Government, the meeting to collect votes of confidence to appoint on-site personnel of a wholly State-owned limited liability company is conducted when at least two-thirds of the people are summoned to participate in the conference. Conference attendees (excluding titles hired by competent authorities) include:

- For taking votes of confidence to appoint management positions in the corporation

+ In corporation: Chairman of the Members' Council, member of the Members' Council, Controllers, General Director, Deputy General Director, Chief Accountant, Head and Deputy Heads of specialized departments, Chief of Office and Deputy Chief of Office, Standing Committee of Group Party Committee, Secretary of Party Committee of parent company, President of Trade Union, Secretary of Youth Union.

+ In corporations, companies with 100% capital of the group: Chairman of the Members' Council, President of the company, members of the Members' Council, General Controller, General Director, Director.

+ In corporations, companies in which the group holds more than 50% of the charter capital: the representative of the group's capital.

+ In corporations, companies in which the group holds 50% or less of the charter capital: the representative of the group of people represents the capital of the group.

+ In the non-business unit of the corporation: the head.

- For taking votes of confidence to appoint management positions in corporations under line ministries, provincial-level People's Committees

+ In the corporation: Chairman of the Members' Council, member of the Members' Council, Controllers, General Director, Deputy General Director, Chief Accountant, Head and Deputy Head of specialized department, Chief of Office and Deputy Chief of Office, Standing Committee of Party Committee, President of Trade Union, Secretary of Youth Union.

+ In a company with 100% capital of the corporation: President, General Controller, Director.

+ In companies where the corporation holds more than 50% of the charter capital: the representative of the capital of the corporation.

+ In companies where the corporation holds 50% or less of the charter capital: the representative of the group of people represents the capital of the corporation.

+ In the non-business unit of the corporation: the head.

- For the collection of votes of confidence to appoint management positions in companies under line ministries or provincial-level People's Committees: Chairman of the Members' Council or the company's president, a member of the Members' Council , Supervisors, Directors, Deputy Directors, Chief Accountants, Heads and Deputy Heads of Professional Divisions, Chief of Offices and Deputy Chiefs of Office, Standing Committee of Party Committee, President of Trade Union, Secretary of Youth Union, the representative of a group of people who represent the company's capital at an organization or unit in which the company holds more than 50% of the charter capital.

More details at the Decree No. 97/2015/NĐ-CP of the Vietnam’s Government, effective from December 05, 2015.

Ty Na

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