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City's AnnouncementWednesday, 10/17/2007, 05:07

City to tighten management of FIE rep offices

HCM City Vice Chairwoman Nguyen Thi Hong asked competent State agencies to create favorable conditions for representative offices of foreign-invested enterprises (FIEs) in the city and ensure their operations is in line with Vietnamese law
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City to tighten management of FIE rep offices

 

HCM City Vice Chairwoman Nguyen Thi Hong asked competent State agencies to create favorable conditions for representative offices of foreign-invested enterprises (FIEs) in the city and ensure their operations is in line with Vietnamese law.

 

Accordingly, the Service of Trade will provide guidelines on Vietnamese laws for rep offices and cooperate with district authorities to check 178 rep offices which may cease operations at their registered addresses.

 

The Service of Trade and relevant State agencies will compile the cooperative mechanism in managing the operations of FIE rep offices in the city.

 

There are more than 2,000 operational rep offices of FIEs in HCM City, recruiting more than 8,000 Vietnamese and 2,600 foreigners.

 

(HCM City, October 17, 2007)


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