Tiếng Việt| THE PRIME MINISTER | SOCIALIST REPUBLIC OF VIET NAM |
| No. 61/2002/QD-TTg | Hanoi, May 15th, 2002 |
DECISION
ON THE AMENDMENT OF PARAGRAPH 1 ARTICLE 1 OF THE DECISION No. 61/2001/QD-TTg DATED 25 APRIL, 2001 OF THE PRIME MINISTER ON THE OBLIGATION TO SELL AND THE RIGHT TO BUY FOREIGN CURRENCY OF RESIDENTS BEING AN ORGANIZATION
PRIME MINISTER
Pursuant to the Law on the Government Organization dated 25 December 2001;
Pursuant to the Decree No. 05/2001/ND-CP dated 17 January, 2001 of the Government on the amendment, supplement of several Articles of Decree No. 63/1998/ND-CP dated 17 August, 1998 of the Government on the Foreign Exchange Control;
Upon the proposal of the Governor of the State Bank of Vietnam,
DECIDES
Article 1. Paragraph 1 Article 1 of the Decision No. 61/2001/QD-TTg dated 25 April, 2001 of the Prime Minister shall be amended as follows:
“Residents being Vietnamese economic organizations, enterprises with foreign invested capital and foreign parties to a business cooperation contract, branches of foreign companies, foreign contractors, contractors in partnership with foreign parties, must sell immediately at least 30% of foreign exchange earnings from current account income to banks in Vietnam, which are authorized to engage in foreign currency activities by the State Bank of Vietnam (hereinafter referred to as authorized banks) from the date of the transfer or surrender of the foreign currency earnings to foreign currency accounts of organizations opened at authorized banks”.
Article 2. This Decision shall be effective from the date of signing.
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Ministers, Heads of ministry-level agencies, Heads of Government agencies, Chairs of the People's Committees of provinces, cities under the central Government's management shall be responsible for the implementation of this Decision.
PRIME MINISTER
Phan Van Khai
- 1 Decision No. 1076/2001/QD-NHNN of August 27, 2001, amending and supplementing a number of points in The State Bank’s Circular No. 05/2001/TT-NHNN of May 31, 2001 which guides the implementation of The Prime Minister’s Decision No. 61/2001/QD-TTg of April 25, 2001 on the obligation to sell and the right to purchase foreign currencies of residents being organizations.
- 2 Circular No. 05/2001/TT-NHNN, guiding the implementation of the Prime Minister''s Decision No. 61/2001/Qd-TTg of April 25, 2001 on the organization-resident''s obligation to sell and right to buy foreign currencies.
- 1 Decision No. 1076/2001/QD-NHNN of August 27, 2001, amending and supplementing a number of points in The State Bank’s Circular No. 05/2001/TT-NHNN of May 31, 2001 which guides the implementation of The Prime Minister’s Decision No. 61/2001/QD-TTg of April 25, 2001 on the obligation to sell and the right to purchase foreign currencies of residents being organizations.
- 2 Circular No. 05/2001/TT-NHNN, guiding the implementation of the Prime Minister''s Decision No. 61/2001/Qd-TTg of April 25, 2001 on the organization-resident''s obligation to sell and right to buy foreign currencies.
- 3 Decision No.180/1999/QD-TTg of August 30, 1999 amending Clause 1, Article 1 of The Prime Minister’s Decision No. 173/1998/qd-ttg of September 12, 1998 on the obligation to sell and the right to buy foreign currency(IES) of the residents being organizations
- 4 Decision No. 232/1998/QD-TTg of December 01st, 1998, on the change of paragraph 1 and 2 of Article 1 of the Decision No.173/1998/QD-TTg on the obligation to sell and the right to buy foreign currency of resident organisations.
- 5 Decision No. 173/1998/QD-TTg of September 12, 1998 on the obligation to sell and the right to buy foreign currency(ies) of residents being organizations