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           yzvzMeAK>HWx7vB07)Y}H2ʧ[UMPO!>{ 'N^nkGm#b=jW燸N^~%Tl$S2?x$0ֈ|54:tM˨Vc%`}TjsB=X뤲:ap}+5&r.ABZArfK"~5kvFs*`ŧ1nXS =fYlI21;Ug!1ͲPxO>Z`t!*MvKxz×F8P<T-:MlȌ)yB8w-V
 :|0>[q={BP.?%Q,
 #           0        U   <      U   <   A       }               	   U   N   	  	%      K
        Q
  0   (   Y
  w   @   
  4      
       
  0   D     0   L  
   U   <   S   U   N      U   @             U   <      U   N   K          U   <      U   N                                                                             	B                                	D   C   /      <       u       j    : D e f a u l t   P a r a                     Q            \	  	   `   $ T i m e s   N e w   R o m a n       Q            Q            \	       `   $ T i m e s   N e w   R o m a n       Q  \	  	   `   $ T i m e s   N e w   R o m a n        \	       `   $ T i m e s   N e w   R o m a n        '                                 N A T I O N A L   A S S E M B L Y 	 S O C I A L I S T   R E P U B L I C   O F   V I E T N A M                                                                                                                                                                                                                                                                                                                                                                                                                                   
       2     M i c r o s o f t   ( T h a i l a n d )   
 0      
 .      
       
       
        
     
   #(     5 "                                       5    X$ X  X X   WT\ACC\VNM\2.Add.11LawOnPromotionofDomesticInvestment   	 !     F#   XQ  X X X$P   #    X$ X  X XQ irstWorkingPartyPage
     
 1
   
 #   XQ  X X X$  #  3| x        ( 9  	   Z  6 T i m e s   N e w   R o m a n   R e g u l a r           X         (                    $       
           E      E      E          6$x    
     
   #(     5 "                                       5    X  X  X X   WT\ACC\VNM\2.Add.11LawOnPromotionofDomesticInvestment(Domein694.Law)   	 !     ЀF#   Xt  X X X P   #    X  X  X Xt irstWorkingParty          Page
     
 1
   
 #   Xt  X X X   #     (                  3#$       
 
   !         :       j           8 P a g e   N u m b e r                Q            \	  	   `   $ T i m e s   N e w   R o m a n       Q >  4  ,J   R	   Z  
 b   j   #>            Q            \	       `   $ T i m e s   N e w   R o m a n       Q  \	  	   `   $ T i m e s   N e w   R o m a n       ( 9  	   Z  6 T i m e s   N e w   R o m a n   R e g u l a r         : Y m
   A   Z  ( . V n T i m e H   R e g u l a r          
     
   #(     5 "                                       5    X$ X  X X   WT\ACC\VNM\2.Add.11LawOnPromotionofDomesticInvestment   	 !     F#   XQ  X X X$P   #    X$ X  X XQ irstWorkingParty          Page
     
 1
   
 #   XQ  X X X$	  #  \	  	   `   $ T i m e s   N e w   R o m a n       ( 9  	   Z  6 T i m e s   N e w   R o m a n   R e g u l a r          
     
   #(     5 "                                       5    X$ X  X X   WT\ACC\VNM\2.Add.11LawOnPromotionofDomesticInvestment(Domein694.Law)   	 !     ЀF#   XQ  X X X$P   #    X$ X  X XQ irstWorkingParty          Page
     
 1
   
 #   XQ  X X X$  #  \	  	   `   $ T i m e s   N e w   R o m a n       ( 9  	   Z  6 T i m e s   N e w   R o m a n   R e g u l a r                           d    =    T h i n   B o t t o m                d x    d
 
   !                  T R  Y3'                                                                              3'                                                                           3' L e t t e r                                                              3'                                                                              T                  '     Q ! $   X'    X  X  X X       
                                                        X  X X X        e5  X X  LAW   	 p	   ONPROMOTIONOFDOMESTICINVESTMENT1994#   e5   e5  # #   X  X  e5  #      ̜ ̛           񀀀Original:  English̀  Authentic:Vietnamese   Ӝ  (  f  F ree  t  T ranslationfor  r  R eference)	   	            NATIONALASSEMBLY @  

  SOCIALISTREPUBLICOFVIETNAM  3       @  22  IndependenceFreedomHappiness     K  4     I	 9
 
  '
 o    Q ! $ XK ̜         1     ]     M	     	     
     ;               3     7      
 Hanoi,22June1994   	 9
       l  7     I	 9
 
  '
& o    Q ! $
    I	 9
 
  '
 oX Xl LAW   	 	
   ONPROMOTIONOFDOMESTICINVESTMENT    Inordertomobilizeandutilizeeffectivelysourcesofcapital,naturalresources,labour,andotherpotentialofthecountryforthepurposesofeconomicandsocialdevelopmentandmakingVietnamawealthyandstrongcountry,anditssocietyfairandcivilized;Pursuanttoarticle84ofthe1992ConstitutionoftheSocialistRepublicofVietnam;ThisLawmakesdetailedprovisionsonthepromotionofdomesticinvestment.    CHAPTERI̜GeneralProvisions   	        Article1   	    TheStateshallprotectandencourageVietnameseorganizationsandcitizens,overseasVietnamese,andforeignerswhoarepermanentresidentsofVietnamtoinvestindifferentsectorsoftheeconomyandsocietywithintheterritoryofVietnaminaccordancewiththeprovisionsofthelawsofVietnam.TheGovernmentshallmakedetailedprovisionsoninvestmentbyoverseasVietnameseandforeignerswhoarepermanentresidentsofVietnam.Article2   	 i%!   InthisLaw,thefollowingtermsshallhavethemeaningsascribedtothemhereunder:   ,   r  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX Xr       1.     Domesticinvestmentmeansanycontributionofcapitalmadebyanorganizationorindividual   	 ))"%   stipulatedinarticle1ofthisLawinproductionorbusinessesinVietnam.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     Investormeansanyorganizationorindividualstipulatedinarticle1ofthisLawmakingdirect   	 +%(   Ѐcapitalcontributionininvestmentsstipulatedinarticle1ofthisLaw.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr ̜   	 .P(+   Article3InvestedcapitalshallbeinVietnamesecurrency.Convertibleforeigncurrencies,gold,silver,orpreciousstones,stockswhichcanbeassigned,buildingsandplant,constructionprojects,equipment,machinery,orothermeansofproduction,orthevalueofrightstouselandorindustrialpropertyrightsshallalsobepermittedtobeusedascapitalcontributionsininvestmentprojectsinVietnam.̜Article4   	 	
   InvestmentssubjecttotheprovisionsofthisLawinclude:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     Establishmentofaproductionorbusinessestablishmentinanysectoroftheeconomy;   	 P
              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     Expansionorimprovementofproductioncapacity,researchanddevelopment,andmodernization   	 0
   oftechnologyofanexistingproductionorbusinessestablishment;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     PurchaseofsharesorcontributionofcapitalinenterprisesincludingStateownedenterprises   	 y    whichareauthorizedtoparticipateinthevariousformsofprivatization.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr     CHAPTERII̜InvestmentGuaranteeandAssistance   	 )       Article5   	 	   TheStaterecognizesandprotectstherightofownershipofassets,investedcapital,profits,andotherlegalrightsandbenefitsofaninvestor.Article6   	  @   Theassets,investedcapital,andlawfulprofitsofaninvestorshallnotbeexpropriatedbytheState.Incasesofnecessity,wheretheState,forpurposesofnationaldefenceandsecurityornationalinterest,issuesadecisiontocompelthesaleorrequisitionoftheassetsofaninvestor,theinvestorshallbecompensatedinaccordancewithmarketpricesandshallbeentitledtofavorableconditionsinrespectofanyinvestmentinothersuitableindustriesorlocalities.Article7   	 ))"%   TheStateshallimplementthefollowingmeasurestoassisttheoperationofdomesticinvestmentprojects:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       Ӝ   	 .P(+   1.     AllocatelandorleaselandinaccordancewiththeprovisionsoftheLawonLand;   	 y                 , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
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& oX Xr    ,   u  :      I	 9
 
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& o    Q ! $    I	 9
 
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& oX QXu       2.     Constructinfrastructureinindustrialzonestobeleasedasareasfortheconstructionofproduction   	 Y   orbusinessestablishments;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     Establishorencouragetheestablishmentofinvestmentaidfundstoprovidemediumandlong   	 )   termloans.TheGovernmentshallmakedetailedprovisionsontheorganizationandoperationofinvestmentaidfunds;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       4.     Contributecapitalthroughinvestmentaidfunds,commercialbanks,andfinancialinstitutionsin   	 p	   productionorbusinessestablishmentsinalleconomicsectorsonthebasisofmutualbenefit;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       5.     Makeprovisionsonguaranteesgivenbybanks,creditorganizations,andfinancialinstitutions   	 @   inrespectofinvestmentcredits;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       6.     Assisttheorganizationandimplementationofinvestmentpromotionprogrammesorservices   	    including:           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (a)    ] businessandmanagementconsultancy;   	 Y        l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (b)    ] legalconsultancy;   	 9        l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _     1     ] trainingoftechnicalpersonnel;   	         l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (d)    ] trainingandimprovementofmanagementskills;   	         l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (e)    ] provisionofeconomicinformation.   	 `        l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       7.     Publishandtransfertechnology,orcreatefavorableconditionsforinvestorstousethelatest   	  @   technologydevelopedandfundedbytheStateatapreferentialrate.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr Article8   	 #   AninvestorshallbepermittedtoemploytheserviceofaspecialistwhoisaforeigneroranoverseasVietnameseinadomesticinvestmentproject.Theprocedureandformalitiesforentryorexitofsuchperson(s)shallbegovernedbytheprovisionsontheentryandexitofforeignersworkinginenterpriseswithforeignownedcapital.AspecialistwhoisaforeigneroranoverseasVietnameseworkinginadomesticinvestmentprojectshall,afterpaymentofincometaxasdeterminedbythelawsofVietnam,bepermittedtoremithisincomeabroadinaccordancewiththeregimeonforeignexchangecontroloftheStateofVietnam.̜   	 .P(+   Л    CHAPTERIII̜InvestmentIncentives   	 i        Article9Thefollowinginvestmentprojectsshallbegrantedincentives:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     Investmentsinthefollowingareas:   	 	
              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (a)    ] Afforestationorplantingofperennialtreesonunusedland,barrenland,orbarrenhills;   	 p	       ] cultivationofmarineproductsinunexploitedwaters;offshorefishingofmarinewildlife;     l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (b)    ] Constructionoftechnicalinfrastructure;developmentofurbanpublictransportation;   	 @       ] developmentofeducation,training,medical,andculturalestablishments;scientificand    ] industrialresearch;̜u  :      I	 9
 
  '
& o    Q ! $     I	 9
 
  '
& oX Xu     _ (c)    ] Processingofagricultural,forest,andmarineproducts;provisionoftechnicalservices   	        ] whichdirectlycaterfortheagriculture,forestry,andfishingindustries;     l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (d)    ] Productionofexports;   	 Y        l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (e)    ] Investmentsinindustriesofpriorityineachphaseofeconomicandsocialdevelopment;   	 9       ] investmentsintraditionalindustriesortrades.     l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     Investmentprojectsinregionsofethnicminorities,inmountainousregions,onislands,andin   	 	   otherregionswithharshconditions.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     Productionestablishmentswhichusemoderntechnologyorarelabourintensive.   	 `              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr TheGovernmentshallstipulatealistoftheindustriesandtradesineachsector,theregions,andthetechnologicalcriteriaorleveloflabourintensitywhichareentitledtoinvestmentincentivesinaccordancewiththedevelopmentplanandstrategyoftheState.Article10   	 y$     Apartfromtheincentivesprovidedforinthecurrenttaxlawsandordinances,investmentprojectsstipulatedinarticle9ofthisLawshallalsoenjoythefollowingtaxincentives:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     Fornewproductionorbusinessestablishments,afurtherreductioninprofitstaxbyfifty(50)per   	 ))"%   centshallbeappliedforaperiodofonetotwoyears;wheretheinvestmentisinregionsofethnicminorities,mountainousregions,islands,orregionswithharshconditions,profitstaxshallbeexemptedforaperiodofonetotwoyearsandreducedbyfifty(50)percentforasubsequentperiodofonetofiveyears,andafurtherreductioninturnovertaxbyfifty(50)percentshallbeappliedforaperiodofonetotwoyears;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    	 .P(+      ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     Forproductionorbusinessestablishmentswhichinvestadditionalcapitalorreinvesttheir   	 y      retainedprofitsintheexpansionorimprovementofproductioncapacity,ormodernizationoftechnology,theincreasedportionofprofitsearnedinthefollowingyearduetothatadditionalinvestmentorreinvestmentshallbeexemptedfromprofitstax;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     Forinvestmentprojectswhichneedtobeencouraged,theGovernmentshallexemptpaymentof   	 )   dutyforanyequipment,machinery,orsparepartsdirectlyorindirectlyimportedbytheinvestorfortheconstructionoftheproductionestablishment.Incaseswheresuchequipment,machinery,orsparepartsareusedfordifferentpurposes,theinvestorshallbeliablefortheamountofimportdutyexemptedandshallbepenalizedinaccordancewiththeprovisionsofthelaw;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       4.     Thedistributedprofitsofinvestmentprojectsstipulatedinclause3ofarticle4ofthisLawshall   	 P
   beexemptedfrompaymentofincometaxorprofitstaxforaperiodofthreeyearsasfromthefirstdistributionofsuchprofits.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu            TheGovernmentshallmakedetailedprovisionsonthelevelofinvestmentincentives.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr Article11   	 i   Aninvestorwhowishestoestablishanewproductionorbusinessestablishmentasstipulatedinarticle9ofthisLawandwhoguaranteesthesuccessofsuchinvestmentshallbeconsideredformediumtolongtermloancreditsfrominvestmentaidfunds;wheresuchinvestmentisestablishedinregionsofethnicminorities,mountainousregions,islands,andotherregionswithharshconditions,theinvestorshallbeconsideredformediumtolongtermloancreditswithpreferentialinterestratesfrominvestmentaidfunds.Anyestablishmentwhichproducesgoodsforexportandwhichhasfirstpriorityinrespectofitsdevelopmentshallbeentitledtocreditguaranteesandprovisionofexportcredits.    CHAPTERIVRightsandObligationsoftheInvestor    Article12Inaccordancewiththeprovisionsofthelaw,aninvestorhastherightto:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     selecttheindustry,trade,orregioninwhichhewishestoinvestwithintheterritoryofVietnam;   	 *#&              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     selecttheformofinvestment;   	 +%(              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     beentitledtoinvestmentincentivesstipulatedinthisLaw;   	 -`'*              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    	 .P(+      ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       4.     takepartinanyinvestmentactivityofaregisteredproductionorbusinessestablishment;   	 y                 , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       5.     recruitandemployanunlimitedamountoflabourandpayforlabouronthebasisofagreements   	 Y   reachedwithemployeesprovidedthatthewagespaidarenotlessthantheminimumwagestipulatedbytheGovernment;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       6.     travelabroadtocarryouttheinvestmentprojectinaccordancewiththeprovisionsofthe   	    Government.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr Article13   	 p	   Aninvestorshallhavethefollowingobligations:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     Tocarryonbusinessinaccordancewiththeregisteredpurposesandtocomplystrictlywithall   	 0
   provisionsofthelawsonaccountingandstatistics;           , r  7     I	 9
 
  '
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 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     Topaytaxandperformallotherfinancialobligationsinaccordancewiththeprovisionsofthe   	 y    law;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     TocomplywithallprovisionsofthelawonprotectionoftheFatherland,nationalsecurity,and   	 I   socialorderandsafety;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       4.     Tocomplywithallprovisionsofthelawonorganizationoftradeunionsandothergroupswithin   	    theenterprise,andtocreatefavorableconditionsforsuchorganizationstocarryouttheiractivities;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
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 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       5.     Toperformfullyallobligationsstipulatedbylawinrespectoflabour;   	 `              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       6.     Tocomplywithallprovisionsofthelawsonprotectionoftheenvironment,andconservationof   	  @   historicalheritage,culture,andnaturallands.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr Article14   	 #   Whereanewinvestorreplacesanexistinginvestorduringtheperiodinwhichtheinvestmentincentivesapplyandcontinuestocarryouttheregisteredinvestmentproject,thenewinvestorshallbeentitledautomaticallytotheinvestmentincentivesfortheremainderoftheperiodprovidedthatheperformsallobligationsattachedtothatinvestmentproject.Article15   	 *#&   IncaseswheretheinvestornolongersatisfiestheconditionsforentitlementtotheinvestmentincentivesstipulatedinthisLaw,someoralloftheapprovedincentivesshallbewithdrawn.̜   	 .P(+   Article16AnoverseasVietnamesewhoinvestsinaccordancewiththeprovisionsofthisLawshallbepermittedtoremitabroadthefollowing:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     Profitsearnedfromaproductionorbusinessestablishmentintowhichcapitalfromabroadhas   	 )   beenlegallytransferred;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     Theprincipalandinterestonloansobtainedfromforeignlendersduringtheoperationofa   	 
   productionorbusinessestablishment;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     InvestedcapitalwhichhasbeenlegallytransferredintoVietnamfromoverseas;   	 P
              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       4.     Othermonetarysumsorassetswhichhelegallyowns.   	 0
              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr TheGovernmentshallmakeprovisionsontheformalitiesfortheremittanceofanymoneyorassetsstipulatedinthisarticle.Article17   	 Y   Whenremittingprofitsabroadinaccordancewiththeprovisionsofclause1ofarticle16ofthisLaw,aVietnamesewhoresidesoverseasshallbeliableforpaymentofwithholdingtaxequaltofivepercentoftheamountremitted.    CHAPTERVStateManagementofInvestmentPromotion    Article18   	 !0      ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     TheGovernmentshalluniformlycarryoutStatemanagementofinvestmentandinvestment   	 #   Ѐpromotion.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu          ,     ^ ,     )      TheGovernmentshallappointacompetentbodytoassumetheresponsibilityofassistingtheπGovernmentincarryingoutthefunctionofStatemanagementofinvestmentpromotion.  ,^ "v              , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     TheStateadministrativebodyinchargeofinvestmentpromotionshallhavethefollowingduties   	 ))"%   andpower:           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (a)    ] ToprepareandsubmittotheGovernmentalistofindustries,trades,orregionswhich   	 +%(   Ѐareentitledtoinvestmentincentives;
    
      l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    	 -`'*         u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (b)    ] Toguideandsupervisetheimplementationofassistancemeasuresandtheregimeon   	 y      
    
     ] investmentincentives;     l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr       u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu    l       _ (c)Toreceiveapplicationsforinvestmentincentivesfromenterpriseswhichareestablished    ] inaccordancewithadecisionofthePrimeMinisterand,withinthirty(30)daysfromthe    ] dateofreceiptoftheapplication,issueadecisiontoacceptorrefusetheapplicationsin    ] accordancewiththeprovisionsofthelaw.     l       r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr Article19   	 
   People'scommitteesofprovincesandcitiesundercentralauthorityshallhavethefollowingdutiesandpowers:   ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       1.     TocarryoutStateadministrationofdomesticinvestmentwithintheirrespectivelocalitiesin   	 0
   accordancewiththeprovisionsofthelaw;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       2.     Toprepareandpublishalistofallprojectswhichrequiredomesticinvestmentinaccordance   	 y    withtheeconomicandsocialdevelopmentplanoftheirrespectivelocalities;           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
 
  '
& oX Xr    ,   u  :      I	 9
 
  '
& o    Q ! $    I	 9
 
  '
& oX QXu       3.     Toreceiveapplicationsforinvestmentincentivesand,withinthirty(30)daysfromthedateof   	 I   receipt,issuedecisionstograntorrefusesuchinvestmentincentivesinaccordancewiththeprovisionsofthelaw.           , r  7     I	 9
 
  '
& o   Q ! $     I	 9
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& oX Xr     CHAPTERVI̜DealingwithBreaches   	 p       Article20   	 P   AnyinvestorwhocommitsanactoffraudtoobtaininvestmentincentivesorwhobreachestheprovisionsofthisLawshallbeliablefortherefundofanypreferentialtreatmentenjoyedandshall,dependingontheseriousnessofthebreach,bedealtwithadministrativelyorprosecutedforacriminaloffenceinaccordancewiththeprovisionsofthelaw.Article21   	 Y&"   Anypersonwhotakesadvantageofhispositionorpowertopreventorhinderaninvestmentproject,torefuseunreasonablyanapplicationforinvestmentincentives,toharassinvestorsforbribes,ortobreachtheprovisionsofthisLawshallbeliableforpaymentofcompensationandshall,dependingontheseriousnessofthebreach,bedisciplinedorprosecutedforacriminaloffenceinaccordancewiththeprovisionsofthelaw.    Ӝ   	 .P(+   ЇCHAPTERVII̜ImplementingProvisions   	 i        Article22   	 I	   ThisLawshallbeoffullforceandeffectasof1January1995.AllpreviousprovisionswhichareinconsistentwiththisLawarerepealed.Article23   	 p	   Anyproductionorbusinessestablishmentwhichisentitledtotheinvestmentincentivesstipulatedinarticle9ofthisLawandisestablishedpriortotheLawonPromotionofDomesticInvestment   	 @   becomingeffectiveshallbeentitledtoinvestmentincentivesfortheremainingperiodinaccordancewiththeprovisionsofthisLaw.TheStateshallnotrefundanytaxespaidorcontributionsmadebyenterprisespriortothisLawbecomingeffective.Article24   	 I   TheGovernmentshallmakedetailedprovisionsontheimplementationofthisLaw.        X] X X X  ChairmanoftheNationalAssembly#   X  X X X]w  #    	    ̜NONGDUCMANH   	 "0        