Other Business Services. (a) Advertising services (CPC 871, excluding advertising for cigarettes) (1) None. (2) None. (3) None, except: Upon entry into force of this Agreement, foreign service suppliers are permitted to establish joint venture or business cooperation contract with Vietnamese partners who are legally authorized to do advertising services. Upon entry into force of this Agreement, joint ventures shall be allowed with foreign capital contribution not exceeding 51% of the legal capital of the joint venture. As of 1 January 2009, there shall be no limitation on foreign capital contribution in the joint ventures. (1) None. (2) None. (3) None. The advertising for wines and spirits shall be subject to State regulations, which are applied on a non-discriminatory basis.
Appears in 5 contracts
Samples: Agreement, Asean China Agreement, Asean China Agreement
