NDTC & Partners is proud to be amongst a select few business law firms and consulting firms in Vietnam providing end-to-end legal, investment and advisory services.With our core values, built over the years, of developing long-term, trusting relationships based on confidence and faith, NDTC & Partners is uniquely positioned to assist in exploiting a broad range of continuing investment and business opportunities throughout Vietnam.
On 17 May 2021, the Ministry of Finance issued Circular No. 32/2021/TT-BTC (the “Circular 32”) providing guidance on initial offering of shares and management, use of proceeds from equitization of State enterprises and the single-member limited liability companies having 100% of charter capital invested by the State enterprise converted into joint stock company, which includes, among others, a few prominent regulations on how initial offering may be conducted as below
On May 12, 2021, the Ministry of Natural Resources and Environment issued Circular No. 03/2021/TT-BTNMT (the “Circular”) guiding the detailed contents of land use plan when equitizing state enterprises, creating and approving of land use plan for public non-business units converted into joint stock companies, including the remarkable regulations as follows