Chapter VI
VIETTEL’S FINANCE
Article 72. Capital, assets and funds of Viettel
1. Viettel’s capital includes state investment in Viettel, capital raised by Viettel and other types of capital prescribed by law.
2. State investment in Viettel includes investment from state budget, capital from development investment funds at enterprises, enterprise arrangement assistance fund, government-backed loans, state loans and other types of capital invested in Viettel by the State.
3. Viettel is the direct recipient of state investment in projects in which Viettel is the investor. Viettel is entitled to regulate investments in its dependent units, subsidiary companies and associate companies in consideration of their demand and business performance as prescribed by law.
4. Viettel’s funds include:
a) Funds assigned to Viettel by the State, including: the fund for commissioning Viettel’s manufacture, repair, upgrade, improvement, supply of information technology products and services serving national defense, and other funds as prescribed by law.
b) Viettel’s funds: scientific and technological development fund; investment and development fund; welfare fund; fund for rewarding enterprise managers and controllers, and other funds prescribed by law.
5. Development, management and use of the funds mentioned in Clause 4 of this Article:
a) Funds assigned to Viettel by the State mentioned in Point a Clause 4 of this Article shall be developed, management and used under decisions of competent authorities.
b) The investment and development fund shall be developed and managed in accordance with regulations of law and used for increasing Viettel’s charter capital, execution of Viettel’s investment projects, making investments in startups, application of new products and technologies of Viettel, and make investments in other projects of Viettel as prescribed by law. The contribution ratio, mechanisms of operation, management and evaluation of startups, application of new products and technologies shall be specified in Viettel’ financial management regulations.
c) The scientific and technological development fund, welfare fund, fund for rewarding enterprise managers and controllers and other funds shall be developed and used prescribed by law.
d) Details about development, management and use of the funds mentioned in Clause 4 of this Article shall be specified in Viettel’s financial management regulations and relevant laws.
Article 73. Management of capital, assets, revenues, expenses, costs and distribution of profits of Viettel
1. Management of capital, assets, revenues, expenses, costs and distribution of profits of Viettel shall comply with Viettel’s financial management regulations and regulations of law.
2. Revenues, other incomes and expenses in foreign currencies shall be recorded at exchange rates quoted by commercial banks that have transactions with Viettel.
Article 74. Financial plan, accounting, audit and statistics
1. Viettel’s fiscal year begins on January 01 and ends on December 31.
2. Viettel’s President shall organize the performance of accounting and statistics tasks in accordance with applicable laws, preparation of initial records, update of accounting records; ensure adequacy, timeliness and accuracy of business and financial information. Viettel’s annual financial statements shall be audited before they are submitted to competent authorities and published.
3. Subsidiary companies shall prepare and submit their financial statements to Viettel and are responsible for their accuracy and legitimacy. Viettel’s President shall be responsible for the accuracy of the financial statements, statistical reports and Viettel’s financial disclosure.
4. Viettel’s President shall implement regulations on reporting to representatives of state ownership in accordance with regulations of law and this Charter.
Tìm kiếm
Nghị định 05/2018/NĐ-CP (Bản Word)
Nghị định 05/2018/NĐ-CP (Bản Pdf)