THE MINISTRY OF TRADE
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
No.01/2005/TT-BTM
Hanoi, January 6, 2005
CIRCULAR
GUIDING THE LIQUIDATION OF MACHINERY, EQUIPMENT, TRANSPORT MEANS, SUPPLIES AND RAW MATERIALS OF FOREIGN-INVESTED ENTERPRISES
- Pursuant to the Governments Decree No.29/2004/ND-CP of January 16, defining the functions, tasks, powers and organizational structure of the Ministry of Trade;
- Pursuant to the Governments Decree No.24/2000/ND-CP of January 31, 2000 detailing the implementation of the Law on Foreign investment in Vietnam;
- The Ministry of Trade hereby guides in detail the liquidation of machinery, equipment, transport means, supplies and raw materials of foreign-invested enterprises as follows:
I. GENERAL PROVISIONS:
1. Objects of application and scope of regulation
Joint venture enterprises, enterprises with 100% foreign capital, export-processing enterprises and parties to business cooperation contracts (hereinafter referred collectively to as foreign-invested enterprises) may liquidate machinery, equipments, transport means, supplies and raw materials under their ownership according to the forms and contents prescrib3ed in this Circular.
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