d. enter into contracts / agreements related to the acquisition or sale of the property, rent, property collateral, the loan / credit and other deals worth more than 30 million (thirty million US dollars) or its equivalent in another currency with the prior written consent of the Council;
e. approve regulations on the activities and plans of industrial and economic activity of structural divisions, representative offices and branches;
f. approve and publish the position of the internal management of "Vietsovpetro", except for the provisions, approval of which is within the competence of the Council;
g. appoint and dismiss the early executives "Vietsovpetro" based on the approved staffing "Vietsovpetro", except for those positions, the decision on the appointment and removal of which is the responsibility of the Council ;
h. Approves the staffing of "Vietsovpetro»;
i. determine the forms and systems of remuneration and material incentives for workers "Vietsovpetro»;
j. to hire and fire workers "Vietsovpetro»;
k. directed employees "Vietsovpetro" to travel in the territory of Vietnam and abroad;
l. other rights provided for by the Agreement, the Charter, decisions of the Board and the laws of Vietnam.
11.8. The Director-General has the following duties:
a. organize the implementation of decisions of the Council;
b. implementation of the plan to organize production and business activities and investment projects "Vietsovpetro»;
c. prepare and submit proposals to the participants about the development strategy and plans for production and business activities "Vietsovpetro»;
d. prepare and submit proposals for improving the participants of the organizational structure "Vietsovpetro»;
e. prepare and submit to the Board, annual production and the economic and financial reports;
f. faithfully perform their duties with a view to maximize the legitimate interests of the "Vietsovpetro" and its participants;
g. to protect the interests and reputation "Vietsovpetro" and its participants not to disclose confidential information, do not abuse their official position and property "Vietsovpetro" for their own benefit or for the benefit of third parties;
h. submit to the Audit Commission all necessary materials, documents, and create all the necessary conditions to carry out its tasks, the Audit Commission;
i. perform other duties in accordance with the Agreement, the Charter, decisions of the Board and the laws of Vietnam.
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