Decision No. 139/1999/QD-TTg dated June 10, 1999 of the Prime Minister on the rates of foreign parties’ participation in vietnam’s securities market

Summary
Content
Status
Vietnamese
Related documents
Diagram
Download

Error message

Font size:

ATTRIBUTE

Issuing body:	Prime Minister	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	139/1999/QD-TTg	Signer:	Phan Van Khai
Type:	Decision	Expiry date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Issuing date:	10/06/1999	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Securities

For more details, click here.

Download files here.

LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency

Effect status:

THE PRIME MINISTER OF GOVERNMENT -------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness ----------
No: 139/1999/QD-TTg	Hanoi, June 10, 1999

DECISION

ON THE RATES OF FOREIGN PARTIES’ PARTICIPATION IN VIETNAM’S SECURITIES MARKET

THE PRIME MINISTER

Pursuant to the Law on Organization of the Government of September 30, 1992;

Pursuant to Decree No. 48/1998/ND-CP of July 11, 1998 of the Government on Securities and Securities Market;

At the proposal of Chairman of State Securities Commission;

DECIDES

Article 1.- Foreign organizations and individuals may hold at most 20% of the total number of circulating shares of an issuing organization, and/or investment fund certificates of a securities investment fund, in which, a foreign organization may hold a maximum of 7% and a foreign individual may hold a maximum of 3%.

Article 2.- Foreign organizations and individuals may hold 40% of the total number of the circulating bonds of an issuing organization, in which, a foreign organization may hold 10% and foreign individual, 5% at most.

Article 3.- The maximum capital contribution proportion of the foreign parties to a joint-venture securities company is 30%.

Article 4.- This Decision takes effect 15 days after its signing.

Article 5.- Theministers, the heads of ministerial-level agencies, the heads of agencies attached to Government, the presidents of the People’s Committees of the provinces and centrally-run cities shall have to implement this Decision.

THE PRIME MINISTER OF GOVERNMENT

Phan Van Khai

This feature is available to English or Advanced account holders. Please log in to a subscriber account to see the full text. Don’t have an account? Register here

Please log in to a subscriber account to see the full text. Don’t have an account? Register here

Processing, please wait...

You are not logged in.

This feature is available to Advanced account holders. Please log in to access detailed information on Related documents.

If you do not have an account, please register here!

Processing, please wait...

LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency

VIETNAMESE DOCUMENTS

ENGLISH DOCUMENTS

Others

* Note: To view documents downloaded from LuatVietnam.vn, please install DOC, DOCX and PDF file readers

For further support, please call 19006192

Decision No. 139/1999/QD-TTg dated June 10, 1999 of the Prime Minister on the rates of foreign parties’ participation in vietnam’s securities market

ATTRIBUTE

VIETNAMESE DOCUMENTS

ENGLISH DOCUMENTS

SAME CATEGORY

Decision No. 05/1999/QD-UBCK3 dated March 27, 1999 of the State Securities Commission promulgating the regulation on securities custody, clearing and registration

Decision No. 05/1998/QD-UBCK3 dated October 13, 1998 of the State Securities Commission promulgating regulation on organization and operation of securities investment fund and fund-managing firm

Decree No. 48/1998/ND-CP dated July 11, 1998 of the Government on securities and securities market