F11-001 - Nguyen Thi Hai An.v.1.1.docx

If the enterprise cannot repay the debt of the

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If the enterprise cannot repay the debt of the enterprise, the debt will be charged to owner of the enterprise. And the debt will be deducted from the owner’s personal property (example: their house, their bank account) Partnership: is common business cooperation of investors of two or more people for the purpose and profit sharing. It is managed by a capital contribution agreement. There are two types: limited partner and general partner. Limited partner is capital contributors only for profit and only take responsibility in the scope of capital contribution. General partner is the capital contributors fully responsibility and have the right to manage and run the business.
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Limited company: is the types business where the company takes the management of the legal. The company has a separation between shareholders and managers. (Staff, 2018) Public sector organization Public corporation: as a public limited company has shares that are offered for sale to the public and conduct public trading on the stock market. It has the responsibility and authority of an individual possesses. Municipal enterprises: are business- type activities which are supported by or owned by local government. Businesses provide services and generate profit for government agencies themselves. (Rubin, 1988) Voluntary organization: is a non-profit organization. It has charity activities and people in the organization will not be paid by anyone. (Argyll-bute.gov.uk,2018). 1.2 The activities of Vietinbank in respects of legal structure To explain and understand more about these definitions. The following will look VietinBank ’s activities in terms of the structure and types of operations of VietinBank. Vietinbank is only bank whose charter capital is less than 65%. Therefore, Vietinbank still in public sector. However, Vietinbank in state all bank, it is not under the direction of the state. Althought the share capital of the state in Vietinbank in lower than in other banks, it is still among the largest contributors to the state. To obtain such a source of income, vietinbank has implemented a policy of seeking external resource ( from foreign investors). Vietinbank has restructured and reformed comprehensively with the organizational model of centralized management approach for functions Vietinbank is part of business service organizations is that provides services to user entities that are part of those entities’ information systems relevant to financial report.
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(Vietinbank,2018) Specific business activities such as conducting bank transfer transactions and depositing money, providing loans to organizations and individuals in the capcaity of bank capital. 1.3 The current vision, mission, core values, goals and objectives (SMART) of Vietinbank At a time of changing the name of the bank for the purpose of compliance with the commitments and practices when Vietnam joins the WTO. Because Vietinbank is having payment relationship with most countries in the world. That shows that Vietinbank is always oriented towards modern banking products and services, according to international standards. Vietinbank always
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  • Winter '18
  • Labour economics

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