Operation of Goods Exchanges
TT | INDUSTRY, SUB-SECTOR | CONDITIONS RESTRICTING MARKET ACCESS | LEGAL GROUNDS |
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Operation of Goods Exchanges |
1. CPTPP: Appendix NCM II-VN-32: Commodity Exchange: Vietnam reserves the right to adopt and maintain any measure related to the establishment and management of a commodity exchange.
2. Law of Vietnam a) Foreign investors have the right to participate in the purchase and sale of goods through the Commodity Exchange in Vietnam.
b) Foreign investors have the right to contribute capital to establish a Commodity Exchange in Vietnam; purchase shares or contributed capital of the Commodity Exchange in Vietnam according to the following regulations: – Foreign investors are allowed to contribute capital to establish a Commodity Exchange in Vietnam; buy shares, contributed capital of the Commodity Exchange in Vietnam with the rate not exceeding 49% of the charter capital. – Foreign investors are allowed to participate in goods trading activities through the Commodity Exchange as a customer or as a member of the Commodity Exchange (brokerage member, business member) with an unlimited share of charter capital. |
– CPTPP – Decree No. 51/2018/ND-CP dated April 9, 2018 of the Government amending and supplementing a number of articles of the Government’s Decree No. 158/2006/ND-CP dated December 28, 2006 detailing Commercial Law on goods purchase and sale through the Commodity Exchange. – Decree No. 158/2006/ND-CP dated December 28, 2006 of the Government detailing the Commercial Law on the purchase and sale of goods through the Commodity Exchange. |