Decision No. 146/2003/QD-TTg of July 17, 2003, on foreign parties' participation rates in Vietnam's securities market đã được thay thế bởi Decision No. 238/2005/QD-TTg of September 29, 2005, on percentage of participation of foreign parties in securities market of Vietnam. và được áp dụng kể từ ngày 23/10/2005.
Nội dung toàn văn Decision No. 146/2003/QD-TTg of July 17, 2003, on foreign parties' participation rates in Vietnam's securities market
PRIME MINISTER OF GOVERNMENT | SOCIALIST REPUBLIC OF VIET NAM |
No: 146/2003/QD-TTg | Hanoi, July 17, 2003 |
DECISION
ON FOREIGN PARTIES' PARTICIPATION RATES IN VIETNAM'S SECURITIES MARKET
THE PRIME MINISTER
Pursuant to the December 25, 2001 Law on Organization of the Government;
Pursuant to the Government's Decree No. 48/1998/ND-CP of July 11, 1998 on securities and securities market;
Pursuant to the Government's Decree No. 64/2002/ND-CP of June 19, 2002 transforming State enterprises into joint-stock companies;
Pursuant to the Prime Minister's Decision No. 36/2003/QD-TTg of March 11, 2003 promulgating the Regulation on contribution of capital to, and purchase of equities from, Vietnamese enterprises by foreign investors;
At the proposal of the Chairman of the State Securities Commission,
DECIDES:
Article 1.- Foreign organizations and individuals, that purchase and/or sell stocks on Vietnam's securities market, may hold at most 30% of the total number of listed stocks of an issuing organization.
Article 2.- The percentage of capital contribution of a foreign securities-trading organization to a joint-venture securities company or a joint-venture fund management company shall be at most 49% of the charter capital.
Article 3.- Foreign organizations and individuals may hold an unlimited percentage of bonds circulated on Vietnam's securities market.
Article 4.- This Decision replaces the Prime Minister's Decision No. 139/1999/QD-TTg of June 10, 1999 and takes effect 15 days after its publication in the Official Gazette.
Article 5.- The ministers, the heads of the ministerial-level agencies, the heads of the agencies attached to the Government and the presidents of the People's Committees of the provinces and centrally-run cities shall have to implement this Decision.
PRIME MINISTER |
