VNPT divests capital from 50 enterprises and has charter capital of over 72,000 billion VND

VNPT will divest from 50 companies, funds, and banks. After restructuring, VNPT will have 71 affiliated units, 2 subsidiaries, and a charter capital of VND72,237 billion.

Vietnam Posts and Telecommunications Group

According to Decree 25/2016/ND-CP on the organization and operation charter of Vietnam Posts and Telecommunications Group (VNPT) recently issued by the Government, VNPT will divest capital from 50 companies, funds, and banks.

Companies, funds, and banks that VNPT has divested capital from include Vietnam Posts and Telecommunications Real Estate Joint Stock Company (VNPT Land); Saigon Posts and Telecommunications Services Joint Stock Company (SPT); Telecommunications Investment and Urban Infrastructure Joint Stock Company (ITC); VTC Telecommunication Joint Stock Company; Vietnam Investment Fund (BVIM); Saigon A2 Securities Investment Fund (SFA2); Vietnam Maritime Commercial Joint Stock Bank; Post and Telecommunication Finance Company (PTF);....

VNPT has 71 affiliated units; 2 subsidiaries with 100% charter capital owned by VNPT: Communications Corporation (VNPT-Media) and Telecommunication Services Corporation (VNPT - Vinaphone); 5 other subsidiaries and 3 public service units of VNPT (Postal Hospital (in Hanoi); Postal General Hospital (in Ho Chi Minh City); Postal Rehabilitation Hospital (in Hai Phong City);...

VNPT has a charter capital of 72,237 billion VND.

VNPT's charter capital is 72,237 billion VND. The State is the owner of VNPT. The Government directly implements or assigns the Prime Minister, the Ministry of Information and Communications, relevant Ministries, and the VNPT Board of Members to implement the rights, responsibilities, and obligations of the State owner towards VNPT in accordance with the provisions of law and this Charter.

The management and operation structure of VNPT includes: Board of Members; General Director; Controller; Deputy General Directors, Chief Accountant; supporting apparatus: Office and Advisory Boards.

VNPT's Board of Members has 7 members. The members of the Board of Members are jointly responsible to the state owner and the law for all activities of VNPT and for decisions of the Board of Members that cause damage to VNPT and the state owner, except for members who vote against this decision; perform the obligations stipulated in this Charter, the Enterprise Law and the law.

VNPT's main business lines are trading in telecommunications, information technology, and multimedia products and services; consulting, surveying, designing, installing, operating, maintaining, repairing, and leasing telecommunications and information technology works and equipment.

Besides, research, development, manufacturing, production, trading, exporting, importing equipment, telecommunications products, information technology, multimedia communications.

According to Baodautu