Investment-投资法律.pdfVIP

NATIONAL ASSEMBLY SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness No. 59-2005-QH11 LAW ON INVESTMENT Pursuant to the 1992 Constitution of the Socialist Republic of Vietnam as amended by Resolution 51-2001-QH10 passed by Legislature X of the National Assembly at its 10th Session on 25 December 2001; This Law regulates investment activities. CHAPTER 1 General Provisions Article 1 Governing scope This Law regulates investment activities for business purposes; the rights and obligations of investors; the guarantee of lawful rights and interests of investors; encouragement of investment and investment incentives; State administration of investment activities in Vietnam and offshore investment from Vietnam. Article 2 Applicable entities 1. Domestic investors and foreign investors carrying out investment activities within the territory of Vietnam; offshore investments made from Vietnam. 2. Organizations and individuals involved in investment activities. Article 3 Interpretation of terms In this Law, the following terms shall be construed as follows: 1. Investment means the use of capital in the form of tangible or intangible assets for the purposes of forming assets by investors to carry out investment activities in accordance with the provisions of this Law and other provisions of the relevant laws. 2. Direct investment means a form of investment whereby the investor invests its invested capital and participates in the management of the investment activity. 3.