Page:United States Statutes at Large Volume 115 Part 3.djvu/676

 ox CO ANNEX G VIKTNAM Schedule of Specinc Commitmenls of Trade in Services Ubdu ofnpply: (I) CtOM-bonkr supply (2) Consumption abroad (3) Comnicrcial presence (4) Presence or natural persons I. BORIZONTAL COMMITMENTS Sector or wb-wctor APPLY TO ALL SECTORS AND SUB-SECTORS OF THIS ANNEX LifBitotions on market access (1) t (2) As indicaled in each sector and subsector ofpan II. (3) Unlessotherwise indicated in each specific sector orsubsector of this AJIKX: Companies of the US are allowed to do business activities in Vietnam Older theLaw on Foreign Investment in Vietnam in theform of business cospenlion contract, joint venture enterprise, enterprise with lOOK foreign owned capital, BOT and BTO Forcommercial presenceestablished in Vietnam on thedateof entry into force of thisAfreement, Vietnam shall accord the treatment provided for in the commercial pretence license on the date of entry mio force of the A|ieement or the treatment provided for in this Annex, whichever is bette r. The establishment of branches of companies of the US has not been oominined u relevant laws and regulatioiu on brandies of foreign companiesare in the processofbeing drafted. Companies of the US shall be permitted to establish their resident nptesentative oOicesin Vietnam. These oOicesshall not engage in any pix>ril-taking activities in Vietnam The esiablishmeni and operation of service providerswith US directly- invested capital are subject to licensing, provided that the licensing is in conformity with Chapter 3, aswell asconunitjnentson marketaccessand national treatment specified in sectors and subsectorsof this Annex Limitations on national treatment (1) & (2) Asindicated in pan II and each sectorand sub-sector of pan II (3) As indicated in part IIand each sectorand subsector of pan IIand thechief of accountant shall be Vietnamese citizen. As 10any matterconcerning investment in services not specified in Annex G, the provisions of Annex H shall apply However, in the event of a conflict between a provision set forth in Chapter IV, Annex H, or exchanged letters on Investment Licensing Regime, and a provision set forth in Annex G, (he provision set forth in Annex Gsliall prevail tothe extent of the inconsistency. Annex H and exchanged letterson Investment LicensingRegime shall not be consimcd or applied in a manner thai would deprive a party of rights provided under AnnexG to o OO o 4^ "Z w j» to o o - G2- m^'

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