Foreign firms get thumbs up to go public
January 12, 2004 | 17:42
Foreign-invested enterprises can now form shareholding companies, with the issue of a long-awaited circular from the Ministries of Finance, and Planning and Investment. Inter-ministerial Circular No.08/2003/TTLT-BKH-BTC details the implementation of Decree 38/2003/ND-CP dated April 15 last year on the conversion of foreign-invested enterprises (FIEs) into shareholding companies.
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