Clifford Chance

Vietnam: New regulations on SOEs

10 January 2014

In 2013 Decree 71 (“Decree 71”) issued by the Vietnamese Government took effect which set out requirements for the direct investment of state capital by the state budget and state concentrated funds in enterprises and certain requirements for the financial management of state-owned enterprises (“SOEs”) wholly owned by the Government (“100% SOEs”). This Decree has significant implications for SOEs and investors. 

 

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