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CHAPTER VI:  IMPLEMENTING PROVISIONS

 

Article 65

Based on the provisions of this Law, the Government shall provide for investment co-operation with foreign countries by hospitals, schools and research institutes in the fields of technology, technical science and natural science.

 

Article 66

1. Based on the principles stipulated in this Law, the Government of the Socialist Republic of Vietnam may sign agreements with a Foreign Investor or provide investment guarantee [and/or] assurance measures.

 

2. Foreign investment activities in Vietnam must comply with the provisions of this Law and relevant provisions of the laws of Vietnam. In the event that the laws of Vietnam do not provide [for a matter], the parties may mutually agree in the contract on the application of foreign law if such application of foreign law is not inconsistent with the basic principles of the laws of Vietnam. 

 

Article 67

This Law enters into force as from the date of [its] proclamation.

This Law replaces the Law on Foreign Investment in Vietnam dated December 29, 1987, the Law Amending and Supplementing a Number of Articles of the Law on Foreign Investment in Vietnam dated June 30, 1990, and the Law Amending and Supplementing a Number of Articles of the Law on Foreign Investment in Vietnam dated December 23, 1992.

 

Article 68

The Government shall set forth detailed regulations for implementing this Law.

 

 

CHAIRMAN OF THE NATIONAL ASSEMBLY
[Signed and chopped by]

Mr. NONG DUC MANH

 

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Source:  Department of Ministry of Investment and Planning, HCM city, Vietnam

     
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