2009-06-18 | 88/2009/QĐ-TTgAdded · Updated
The Prime Minister of Vietnam issued Decision No. 88/2009/QD-TTg to establish regulations governing capital contribution and share purchases by foreign investors in Vietnamese enterprises. This decision officially replaces the previous 2003 regulation and mandates the Ministry of Finance, Ministry of Planning and Investment, and the State Bank of Vietnam to provide implementation guidelines. The regulation became effective on August 15, 2009, imposing compliance responsibilities on relevant ministries, provincial authorities, and state-owned enterprise boards.
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