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Corporate law in Vietnam [1] was originally based on the French commercial law system. However, since Vietnam 's independence in 1945, it has largely been influenced by the ruling Communist Party . Currently, the main sources of corporate law are the Law on Enterprises, [ 2 ] the Law on Securities [ 3 ] and the Law on Investment.
In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region. [2] Like its Chinese neighbours, Vietnam continues to make use of centrally planned economic five-year plans. For further information on the types of business entities in this country and their abbreviations, see "Business entities in Vietnam".
Citibank Vietnam is a bank which set its first footprint in Vietnam in 1975, and then started up a representative office in Hanoi in 1993. [1] A year later, Citi became the first U.S. financial institution licensed for branch opening and full branch establishment in Hanoi a year later.
Vietnam Stock Exchange was established as a one-member limited liability company to organize a security trading market. Its VND 3,000 billion charter capital is held by the State. It has bank accounts with the State Treasury and domestic commercial banks that do business in Vietnamese đồng and foreign currencies. By national law, the ...
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
The Ministry of Industry and Trade (MOIT, Vietnamese: Bộ Công thương) is the government ministry in Vietnam responsible for the advancement, promotion, governance, regulation, management and growth of industry and trade.
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