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Title_of_text

Decree No. 44/1998/ND-CP on the transformation of state enterprises into joint-stock companies.

Main Region

First Region

Viet Nam
Economic and social policy
1998-06-29
National
Law, Act

Second Region

Provides for the buying of shares in state enterprises by Vietnamese citizens, overseas Vietnamese, and foreigners residing in Vietnam. The types of enterprises for which such shares shall be available are listed in the Appendix. Enterprises shall be entitled to maintain welfare funds or distribute any funds to workers before becoming joint stock companies. Furthermore, workers shall receive preferences for buying shares in enterprises, with the option of delayed payments for destitute workers.

Entry dates region

    Date of entry into force
    1998-07-14
    --

Monograph region

    Monograph title
    Foreign Investment Laws of Vietnam
    Publisher
    Ministry of Planning and Investment and Philips Fox
    Page range
    Section XIV

Serial region

    Serial title
    Cong Bao [English translation]
    Date
    1998-08-20
    Number
    No. 23
    Page range
    pp. 3-8