According to Government Decree 38/2003/ND-CP dated April 15, 2003 on conversion of foreign-invested enterprises into joint-stock companies

Foreign-invested joint-stock companies are dissolved in the following cases:

According to Government Decree 38/2003/ND-CP dated April 15, 2003, foreign-invested enterprises (FIEs) can convert into joint-stock companies if they meet the following conditions:

According to Government Decree 38/2003/ND-CP dated April 15, 2003, foreign-invested enterprises (FIEs) can apply for conversion into joint-stock companies.

According to Government Decree 38/2003/ND-CP dated April 15, 2003 on conversion of foreign-invested enterprises into joint-stock companies, foreign founding shareholders can transfer their shares to foreign individuals and entities.

According to Government Decree 38/2003/ND-CP dated April 15, 2003 on conversion of foreign-invested enterprises into joint-stock companies

The week of May 2 - 8, 2005

For foreign-invested joint ventures operating in important economic fields, parties to the joint venture can agree on the increase of legal capital by the Vietnamese party in the joint venture contract.

The non-refundable transfer of assets to the Vietnamese party from the foreign party in the foreign-invested joint venture enterprise is based on the voluntary principle and is stipulated in the joint venture agreement and the investment license.

Foreign investors can use the profit earned from their investment activities in Vietnam to increase the legal capital or the investment capital of an operational project or to invest in another project in Vietnam.

Upon terminating an operation on or prior to the date of expiry stated in the investment license, foreign-invested enterprises (100% foreign-owned or joint venture enterprises) must proceed with the liquidation of assets and liabilities.

The week of April 25 – May 1, 2005

The State Committee for Cooperation and Investment (now the Ministry of Planning and Investment) says in Circular 215UB/LXT dated February 8, 1995 giving guidelines for foreign investment in Vietnam, that foreign-invested enterprises are allowed to increase capital for the following activities

According to Government Decree 38/2003/ND-CP dated April 15, 2003, foreign-invested joint-stock companies must have at least one foreign founding shareholder.