Policy toward individual economic holdings and private enterprises in agriculture, forestry, and fisheries, November 1988
Annual Review of Population Law 16: 211 611-2
1989
ISSN/ISBN: 0364-3417 PMID: 12344312 Document Number: 383843
On 29 November 1988, Viet Nam adopted a policy allowing individual economic holdings and private enterprises in the areas of agriculture, forestry, and fisheries. The policy recognizes the positive effect of such holdings and charges the state with creating favorable conditions for them. Ownership and inheritance rights are recognized, and all citizens are entitled to apply for permission to use certain land for business purposes. The production of exports is encouraged, and such enterprises may engage in financial transactions, including borrowing money.
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