Chương VII Nghị định 05/2018/NĐ-CP: Hoạt động đầu tư ra nước ngoài của tập đoàn VIETTEL

Chapter VII

VIETTEL GROUP’S OUTWARD INVESTMENTS

Article 75. Viettel Group’s outward investments

1. Viettel Group’s outward investments include outward investments by Viettel, its subsidiary companies and subsidiary companies over 50% charter capital of which are held by Viettel.

2. Viettel’s outward investments may exceed 3 business levels and are subject to approval by the Prime Minister.

3. Viettel’s outward investments shall comply with regulations of this Charter, Vietnam’s law and the host country’s law.

Article 76. Transfer of foreign currencies to other countries to pay for telecommunications licenses granted overseas

Viettel may transfer foreign currencies before the certificate of outward investment registration is granted according to the notice of grant of telecommunications license to pay for it in accordance with host country’s laws. The value of foreign currency transferred shall be equal to the payment for the license. State Bank of Vietnam shall supervise the transfer according to the schedule specified in the bidding documents or the request of the host country.