On February 12, 2026, the Government issued Decree No. 57/2026/ND-CP regulating the restructuring of state capital in enterprises, which replaces some contents in Chapter III, Chapter IV and Clause 3, Article 54 of Decree No. 23/2022/ND-CP.
Following that, on April 14, 2026, the Ministry of Finance issued Decision No. 909/QD-BTC announcing the list of administrative procedures to be abolished in the field of establishing and rearranging enterprises with 100% state-owned charter capital.
Implementing the above regulations, recently, Cao Bang Provincial People's Committee issued a decision to announce the list of administrative procedures to be abolished under the jurisdiction of the Department of Finance.

Accordingly, 5 provincial-level administrative procedures in the field of establishment, reorganization and dissolution of state-owned enterprises are officially abolished.
The abolished procedures include: establishing enterprises with 100% state-owned charter capital decided by the provincial-level People's Committee; merging and acquiring enterprises of the same type.
Along with that, the division and separation of enterprises; temporary suspension, suspension of operations, termination of business at enterprises and dissolution of enterprises with 100% state-owned charter capital under the management authority of localities are also abolished.
The Provincial People's Committee assigned the Chief of Office of the Provincial People's Committee, the Director of the Department of Finance and relevant departments, branches, and units to organize the implementation.
The reduction of administrative procedures aims to concretize the policy of simplifying procedures, contributing to improving the efficiency of state management, while ensuring synchronization with new regulations on restructuring state capital in enterprises.