Decree No. 16/2023/ND-CP dated April 25th, 2023 of the Goverrnment on management and operation of enterprises directly serving national defence and security functions, and enterprises serving both business and national defence, security functions; amendments to point g of clause 1 of Article 23 in the Government’s Decree No. 47/2021/ND-CP dated April 1, 2021, elaborating on implementation of several articles of the Law on Enterprises

This Decree provides for management and operation of enterprises directly serving national defence and security functions, and enterprises serving both business and national defence, security functions, that are state-owned enterprises, or limited liability companies of which charter capital is wholly owned by state enterprises.

In addition, Chapter IV of this Decree amends the regulation on disclosure of information of state-owned enterprises at point g clause 1 Article 23 of Decree No. 47/2021/ND-CP . Accordingly, with regard to the mid-year financial statements and summaries thereof which must be periodically disclosed of state-owned enterprises, this Decree removes the requirement according to which they must be audited by an independent audit organization.

This Decree takes effect from the date of its signing.

To abrogate the regulations on national defence enterprises laid down in clause 1 of Article 1, clause 2 of Article 2, Article 13 through Article 19, clause 1 of Article 23, clause 3 of Article 30, clause 3 of Article 34, clause 1 and 2 of Article 35 in the Decree No. 47/2021/ND-CP dated April 1st, 2021.