Decision No. 61/2006/QD-TTg of the Prime Minister approving the Agreement on Encouragement and Protection of Investments between Vietnam and Bangladesh, to take effect from the date of announcement.
Key points
- Approving the Agreement on Encouragement and Protection of Investments between the Government of Vietnam and the Government of Bangladesh signed in Hanoi (Vietnam) on May 18, 2005.
- The Ministry of Foreign Affairs shall carry out diplomatic procedures for the approval of the Agreement and notify relevant agencies.
🌐 Social impact of this document
- Positive impact: Creating favorable conditions for businesses of both countries to invest in each other, enhancing economic and trade cooperation.
- Negative impact: No specific impact on citizens/businesses/society.
❓ Frequently asked questions
When does this Agreement come into effect?
The Agreement comes into effect from the date of announcement by the Ministry of Foreign Affairs, with no specific time point mentioned in the decision.
Which agency is responsible for implementing the approval procedures for the Agreement?
The Ministry of Foreign Affairs is responsible for carrying out diplomatic procedures for the approval of the Agreement and notifying relevant agencies.
For which enterprises does this Agreement apply?
There is no specific provision, only mentioning the two governments that signed the Agreement.
What is the procedure for approving the Agreement?
The procedure is carried out through the Ministry of Foreign Affairs conducting diplomatic procedures and notifying relevant agencies.
How long is the duration of this Agreement?
There is no provision regarding the duration of the Agreement in this decision.
Full text
Pursuant to …;
REGARDING THE APPROVAL OF THE AGREEMENT ON ENCOURAGEMENT AND PROTECTION OF INVESTMENT BETWEEN THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIETNAM AND THE GOVERNMENT
OF THE PEOPLE'S REPUBLIC OF BANGLADESH
BASED ON THE GOVERNMENT ORGANIZATION LAW ON DECEMBER 25, 2001;
PRIME MINISTER
APPROVES THE AGREEMENT ON ENCOURAGEMENT AND PROTECTION OF INVESTMENT BETWEEN THE GOVERNMENT OF THE SOCIALIST REPUBLIC OF VIETNAM AND THE GOVERNMENT OF THE PEOPLE'S REPUBLIC OF BANGLADESH SIGNED IN HANOI (VIETNAM) ON MAY 18, 2005.
Pursuant to the Law on Ratification, Accession and Implementation of International Treaties dated June 14, 2005;
The Prime Minister issues this Decision on principles, criteria, and allocation standards for state budget investment capital development phase 2016-2020.
DECISION:
Article 1. THE MINISTRY OF FOREIGN AFFAIRS SHALL HANDLE DIPLOMATIC PROCEDURES FOR THE APPROVAL OF THE AGREEMENT AND NOTIFY DOMESTIC AUTHORITIES OF THE DATE THE AGREEMENT BECOMES EFFECTIVE.
Article 2. VU KHAN
VICE-PRESIDENT OF THE GOVERNMENT
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