Decree No. 04/L-CTN On the promulgation of the Ordinance on Bills of Exchange and the Ordinance on Product Quality

Decree No. 04/L-CTN promulgates two Ordinances: Bills of Exchange and Product Quality, which were approved by the Standing Committee of the National Assembly on December 24, 1999.

Document No.04/L-CTN
Document typeOrder
Issuing authorityOffice of the President
Signed byTrần Đức Lương — Chủ tịch
Updated01/07/2026
FieldUncategorized
Issued date04/01/2000
Effective date04/01/2000
Expiry date
StatusIn effect
✦ Smart summary

Decree No. 04/L-CTN promulgates two Ordinances: Bills of Exchange and Product Quality, which were approved by the Standing Committee of the National Assembly on December 24, 1999.

Key points

  • The Ordinance on Bills of Exchange and the Ordinance on Product Quality have been promulgated

🌐 Social impact of this document

  • Positive impact: Creates a legal basis for bill of exchange activities and product quality management, enhancing business efficiency and protecting consumer rights.
  • Negative impact: May impose additional administrative burdens on businesses when complying with new regulations.

❓ Frequently asked questions

When was the Ordinance on Bills of Exchange promulgated?

The Ordinance on Bills of Exchange was promulgated on January 4, 2000 pursuant to Decree No. 04/L-CTN.

Which authority approved the Ordinance on Product Quality?

The Ordinance on Product Quality was approved by the Standing Committee of the National Assembly of the Socialist Republic of Vietnam, Session X, on December 24, 1999.

Who signed the decree promulgating the Ordinance on Bills of Exchange and the Ordinance on Product Quality?

The decree promulgating the Ordinance on Bills of Exchange and the Ordinance on Product Quality was signed by President Tran Duc Luong of the Socialist Republic of Vietnam.

What legal basis do the Ordinance on Bills of Exchange and the Ordinance on Product Quality rely on?

The Ordinance on Bills of Exchange and the Ordinance on Product Quality are based on Article 103, Article 106 of the Constitution of the Socialist Republic of Vietnam 1992; Article 78 of the Law on the Organization of the National Assembly; and Article 51 of the Law on the Issuance of Legal Normative Documents.

When did the Ordinance on Bills of Exchange and the Ordinance on Product Quality come into effect?

Specific information about the effective date of the Ordinance on Bills of Exchange and the Ordinance on Product Quality is not provided in this document, thus it is unclear.

Full text

PRESIDENT OF THE STATE
*****

Number: 04/L-CTN

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness
*******

Hanoi, January 4, 2000

ORDER

Regarding the promulgation of the Ordinance on Bills and the Ordinance on Product Quality

­_____________________

PRESIDENT OF THE SOCIALIST REPUBLIC OF VIETNAM

Pursuant to Article 103 and Article 106 of the Constitution of the Socialist Republic of Vietnam in 1992;

Pursuant to Article 78 of the Law on the Organization of the National Assembly;

Pursuant to Article 51 of the Law on Enacting Legal Normative Documents,

NOW PROMULGATES:

1. The Ordinance on Bills;

2. The Ordinance on Product Quality.

These have been adopted by the Standing Committee of the National Assembly of the Socialist Republic of Vietnam, Tenth Session, on December 24, 1999./.

PRESIDENT OF THE SOCIALIST REPUBLIC OF VIETNAM
(Signed)

Tran Duc Luong

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