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THE PRIME MINISTER OF GOVERNMENT
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 180/1999/QD-TTg

Hanoi, August 30, 1999

 

DECISION

AMENDING CLAUSE 1, ARTICLE 1 OF THE PRIME MINISTER’S DECISION NO. 173/1998/QD-TTG OF SEPTEMBER 12, 1998 ON THE OBLIGATION TO SELL AND THE RIGHT TO BUY FOREIGN CURRENCY(IES) OF THE RESIDENTS BEING ORGANIZATIONS

THE PRIME MINISTER

Pursuant to the Law on Organization of the Government of September 30, 1992;
In furtherance of Article 12 and Clauses 1 and 2 of Article 13 of the Government
s Decree No. 63/1998/ND-CP of August 17, 1998 on foreign exchange management;
At the proposal of the Governor of Vietnam State Bank,

DECIDES:

Article 1.- To amend Clause 1, Article 1 of the Prime Ministers Decision No. 173/1998/QD-TTg of September 12, 1998 on the obligation to sell and the right to buy foreign currency(ies) of the residents being organizations as follows:

Residents being Vietnam economic organizations, foreign-invested enterprises and foreign partners to business cooperation contracts that are ensured with the Vietnamese Governments support for foreign currency balance and branches of foreign companies, foreign contractors, domestic contractors joining partnership with foreign ones, shall have to immediately sell at least 50% of their foreign currency amounts earned from current revenue sources to the licensed banks.

Article 2.- This Decision takes effect after its signing. The Governor of Vietnam State Bank shall have to guide the implementation of this Decision.

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PRIME MINISTER




Phan Van Khai

 

HIỆU LỰC VĂN BẢN

Decision No.180/1999/QD-TTg of August 30, 1999 amending Clause 1, Article 1 of The Prime Minister’s Decision No. 173/1998/qd-ttg of September 12, 1998 on the obligation to sell and the right to buy foreign currency(IES) of the residents being organizations

  • Số hiệu: 180/1999/QD-TTg
  • Loại văn bản: Quyết định
  • Ngày ban hành: 30/08/1999
  • Nơi ban hành: Thủ tướng Chính phủ
  • Người ký: Phan Văn Khải
  • Ngày công báo: Đang cập nhật
  • Số công báo: Đang cập nhật
  • Ngày hiệu lực: Kiểm tra
  • Tình trạng hiệu lực: Kiểm tra
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