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The document is the Law on Enterprises of the Socialist Republic of Vietnam, enacted on August 31, 1999. It aims to promote economic reform, ensure equality in business across various sectors, protect investors' rights, and enhance state administration of business activities. The law outlines provisions for different types of enterprises including limited liability companies, shareholding companies, partnerships, and private enterprises. It details regulations regarding establishment, management, rights and obligations of enterprises, as well as procedures for registration, reorganization, dissolution, and bankruptcy.

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What is the definition of an enterprise?

: a project or undertaking that is especially difficult, complicated, or risky. 2. a. : a unit of economic organization or activity. especially : a business organization.

Is enterprise a legal entity?

Although an enterprise can be a legal entity, such as a partnership, corporation or association, it can also be an individual or simply a relatively loose-knit group of people or legal entities. These latter groups are referred to as association-in-fact enterprises under the statute.

What is the legal definition of enterprise?

(1) Enterprise means the related activities performed (either through unified operation or common control) by any person or persons for a common business purpose, and includes all such activities whether performed in one or more establishments or by one or more corporate or other organizational units including

What is the law on state enterprise?

In July 1987, the Supreme Soviet of the Soviet Union passed the Law on State Enterprise. The law stipulated that state enterprises were free to determine output levels based on demand from consumers and other enterprises.

What is considered to be an enterprise?

An enterprise may consist of all or some of the following business aspects: acquisition, program management, financial management (e.g., budgets), human resources, security, and information systems, information and mission management.