THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 85/2002/TT-BTC
Hanoi, September 26, 2002
 
CIRCULAR
GUIDING THE IMPLEMENTATION OF THE GOVERNMENT’S DECREE No. 69/2002/ND-CP OF JULY 12, 2002 ON MANAGEMENT AND HANDLING OF OUTSTANDING DEBTS FOR STATE ENTERPRISES
In furtherance of the Government’s Decree No. 69/2002/ND-CP of July 12, 2002 on management and handling of outstanding debts for State enterprises (hereinafter called Decree No.69/2002/ND-CP for short), the Finance Ministry hereby guides a number of concrete points as follows:
A. GENERAL PROVISIONS
1. Objects of application:
1.1. Independent State enterprises and independent-cost accounting member State enterprises of State corporations, which are being engaged in business activities or public-utility activities (hereinafter referred collectively to as operating enterprises).
The State-run commercial banks shall be subject to specific regulations.
1.2. The State enterprises subject to equitization, assignment, sale, business contracting, lease or conversion into one-member limited liability companies under decisions of competent State bodies, which are carrying out procedures for transformation (hereinafter referred collectively to as transformed enterprises).
 

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