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 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.
The success of the initial public offerings (IPO) of the State-owned
transport enterprises in Q1 is likely to send out positive signals on
the long-waited equitisation.
The draft amendment to the Viet Nam Law on Enterprises 2005 focuses on
the practices of State-owned enterprises (SOEs) together with the
rights, obligations of ownership and managerial process.
