Deputy Prime Minister Ho Duc Phoc has just signed Decision No. 17/2024/QD-TTg amending and supplementing a number of articles of Decision No. 26/2021/QD-TTg dated August 12, 2021 of the Prime Minister on the list of industries and fields implementing the transformation of public service units into joint stock companies.

Decision 17/2024/QD-TTg amends and supplements Clause 1, Article 2 of Decision No. 26/2021/QD-TTg stipulating the "List of sectors and fields of public service units to be converted into joint stock companies, with the State holding more than 50% of charter capital".

Specifically, according to the provisions of Decision No. 26/2021/QD-TTg, the list of sectors and fields in which public service units are converted into joint stock companies, with the State holding more than 50% of the charter capital, includes: Exploitation, production, and supply of clean water; urban and rural drainage.

In addition to the above sectors and fields, Decision No. 17/2024/QD-TTg adds the following sectors and fields of public service units to be transformed into joint stock companies, with the State holding more than 50% of the charter capital:

- Technical safety inspection;

- Construction inspection;

- Technical inspection of road motor vehicles and inland waterway vehicles (except for the field of ship and marine construction inspection).

Submit to the Prime Minister for approval the List of public service units converted into joint stock companies for the period 2021-2025 in the fourth quarter of 2024.

Decision No. 17/2024/QD-TTg requires Ministries, ministerial-level agencies, Government agencies, Provincial People's Committees, Hanoi National University, Ho Chi Minh City National University and relevant organizations and individuals to: Review public service units under their management (including public service units approved in the List of public service units converted into joint stock companies before 2021 but without a decision to announce the unit value) that meet the conditions specified in Clause 1, Article 4 of Decree No. 150/2020/ND-CP and belong to the sectors and fields specified in Article 2 of this Decision, submit to the Prime Minister for approval the List of public service units converted into joint stock companies for the period 2021-2025 in the fourth quarter of 2024.

The above agencies must report to the Prime Minister for consideration and decision on cases that cannot be implemented according to Article 2 of this Decision (also sent to the Ministry of Planning and Investment). The Ministry of Planning and Investment is responsible for considering and giving opinions on these cases before submitting them to the Prime Minister for decision.

The Decision also clearly states that the People's Committees at the district level; the Board of Members or the Chairman of the company of an enterprise in which the State holds 100% of the charter capital; Public service units under units under ministries, ministerial-level agencies, and agencies under the Government; Public service units under specialized agencies and other administrative organizations of the People's Committees at the provincial level; Public service units at the superior level of public service units are responsible for reviewing the subordinate public service units that meet the conditions specified in Clause 1, Article 4 of Decree No. 150/2020/ND-CP and belong to the sectors and fields specified in Article 2 of this Decision, reporting to the Ministry, ministerial-level agencies, agencies under the Government, the People's Committees at the provincial level, Hanoi National University, Ho Chi Minh City National University for synthesis and submission to the Prime Minister for approval of the List of public service units converted into joint stock companies in the period of 2021 - 2025 according to regulations.

Decision No. 17/2024/QD-TTg takes effect from December 10, 2024./.