Vietnam: In which forms is the outward investment capital represented?

11:20, 27/09/2015

Recently, the Government of Vietnam issued Decree No. 83/2015/ND-CP providing regulations on outward investment.

hinh thuc dau tu von ra nuoc ngoai, Nghi dinh 83/2015/NĐ-CP

According to Vietnam’s regulations, outward investment means the investor’ activities of transferring capital, or payment for purchase of part or whole of business establishments, or establishment of ownership for implementing business activities outside Vietnam’s territory; and direct involvement in management of such investment activities.

According to Article 4 of Decree No. 83/2015/ND-CP of Vietnam’s Government, outward investment capital is represented in the following forms:

- Foreign currency on accounts of credit institutions permitted to trade in foreign currencies or foreign exchange from legal capital according to law provisions;

- Vietnam dong in accordance with regulations on management of foreign exchange;

- Machinery, equipment, raw materials, fuel, goods of finished and semi-finished products;

- Value of industrial property rights, technical know-how, technology process, technical services, intellectual property rights and brands;

- Other legal assets.

Besides, Decree No. 83/2015/ND-CP also stipulates that requirements, authority and procedures on making decisions on investment with respect to outward investment projects using state capital are implemented in accordance with the Law on Management and Use of State Capital in production and business at enterprises and other law provisions.

View other provisions at Decree No. 83/2015/ND-CP of Vietnam’s Government, effective from September 25, 2015.

Thu Ba

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