Article 3. Application of the Enterprise Law, international treaties andrelated Laws
1. Establishment, organizational management and operation of enterprises belonging to all economic components are governed by this law and other relatedlaws.2. In case where there are other laws governing establishment, organizationalmanagement and operation of enterprises because of their distinctive nature, thoselaws will prevail.3. In case where there are discrepancies between international treaties in whichVietnam is a member and this law, those international treaties will prevail.
Article 4. Interpretation of terminology
For the purposes of this law, following terms will be construed hereafter:1.
means an economic organization that has its own name, assets,stable office and is duly constituted for the purpose of conducting business.2.
means the consecutive implementation of one, several or all of stages of an investment process, from the production to the sale of products or provision of services on the market for profit purpose.3.
means a file that comprises of all documents as required in thisLaw, which is filled in entirely in pursuant to the laws.4.
means the transfer of assets into a company so as to become an owner of that company. Assets used for making capital contribution can beVietnamese currency; freely convertible foreign currency; gold; value of land userights; value of intellectual property rights, know-how, or other types of asset asspecified in the company charter.5.
means the ratio of capital that is owned by a company member.6.
means the amount of capital that is contributed or committedto contribute by all shareholders or members of a company respectively and is statedin the company charter.7.
means the minimum amount of capital that is required by lawsfor an enterprise to be established.