Chương 3 Luật Đầu tư nước ngoài tại Việt Nam 1987: Biện pháp bảo đảm đầu tư

Chapter III

INVESMENT GUARANTEE MEASURES

Article 20

The Government of the Socialist Republic of Vietnam guarantees that any foreign organization which, or individual who, invests in Vietnam shall be treated fairly and equitably.

Article 21

The capital and assets invested in Vietnam by foreign organizations or individuals shall not be requisitioned or expropriated through administrative measures. An enterprise with foreign owned capital shall not be nationalized.

In cases where the benefits of the parties to a licensed business co-operation or to a licensed enterprise with foreign owned capital are reduced due to any change in the law of Vietnam the State shall take appropriate measures to protect the interest of the investors.

Article 22

Foreign organizations and individuals investing in Vietnam shall have the right to transfer abroad:

1. Their share of profits derived from business operations.

2. Any payments due as a result of provision of technology or services.

3. The principal of any loan made in the course of a business operation together with interest thereon.

4. Their invested capital.

5. Other sums of money and assets lawfully owned by them.

Article 23

Foreigners working in Vietnam for enterprises with foreign owned capital or performing business co-operation contracts shall, following payment of income taxes as stipulated by Vietnamese law, be authorized to transfer abroad their incomes in accordance with the foreign exchange control regulations of Vietnam.

Article 24

The conversion of Vietnamese currency into foreign currency shall be effected at the official exchange rate published by the State Bank of Vietnam.

Article 25

Resolution of any dispute between the parties to a business co-operation contract or a joint venture contract, or between either a joint venture enterprise or enterprise with one hundred (100) per cent foreign owned capital and any Vietnamese economic organization or other enterprise with foreign owned capital shall be attempted by negotiation and conciliation.

If, however, the parties to a dispute fail to agree, then the dispute shall be referred to a ietnamese economic arbitration body or other arbitration or judicial body as may be agreed.