Besides amending and supplementing the decree on offering and trading private placement corporate bonds in the domestic and foreign markets, the ministry will also review the Law on Securities and the Law on Enterprises.
The National Assembly passed the revised Law on Enterprises on Wednesday, introducing several important changes to regulations overseeing business activities.
Business transparency is among several key reasons why the Vietnamese equity market has not been upgraded to the status of emerging market from that of frontier market by international crediting agencies
PhD Doctor Phan Duc Hieu, deputy director of the Central Institute for Economic Management, talks to Sai gon Giai Phong (Liberation Sai Gon) newspaper on what should be revised in the Law on Enterprises
According the Viet Nam Law on Enterprises, the four common types of
business entities at present are private enterprises, partnerships,
joint stock companies and multi-member and single-member limited
liability companies.
The concept of social enterprise first appeared in the United Kingdom
about four centuries ago, before spreading to other countries. However,
it continues to be a new idea in Viet Nam even today.
Significant changes in the management and organisation of joint stock
companies (JSCs) have been made in the 2014 Law on Enterprises, which
will take effect on July 1.
Intellectual property law not only protects enterprises but also pushes
them to innovate, Deputy Head of the National Office of Intellectual
Property (NOIP) Le Ngoc Lam said.
The right to decide the number of legal representatives and corporate
seals, and changes in business registration procedures are some of the
highlights of the Law on Enterprises 2014.
Both dissolution and bankruptcy lead to the termination of a
company''s activities. However, their causes, settlement procedures and
legal consequences, as well as the resultant liabilities of the
proprietor are very different.
The draft amendment to the Viet Nam Law on Enterprises 2005 allows
enterprises to become involved in businesses not listed in their
business register certification, except for those requiring specific
conditions.