Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Tuesday, November 12, 2019
Tags: Vietnamese banks
Higher foreign shareholding in local banks needed: experts Higher foreign shareholding in local banks needed: experts
Lifting the cap of foreign ownership in Vietnamese banks was necessary to have more capital for restructuring and improving the competitiveness of the domestic banking sector but this should be done with caution and an elaborate roadmap, said banking experts.
Bank guarantee with a foreign element under Vietnamese law: an overview Bank guarantee with a foreign element under Vietnamese law: an overview
On June 26, 2015, the State Bank of Vietnam released Circular 07 which replaces Circular No 28 of 2012. The new text contains various changes to the old legal framework. This article focuses on some aspects relating to guarantees issued by Vietnamese credit institutions in favor of offshore entities.
Policy digest January 2013 Policy digest January 2013
According Deputy State Auditor General Le Minh Khai, in 2013 the State Audit of Vietnam (SAV) will audit 142 companies and agencies belonging to 16 ministries, 34 provinces and cities, 25 investment projects and five national target programs.
Policy digest (Vol.17 - No 204 August 2011) Policy digest (Vol.17 - No 204 August 2011)
The European Chamber of Commerce in Vietnam (EuroCham) recently published its 2011 white book on trade issues and recommendations, proposing amendments to current domestic regulations on trade-related issues, especially those concerning foreign businesses in Vietnam.
Legislation on land use right transfer in Vietnam Legislation on land use right transfer in Vietnam
Since the 1980 Constitution, land in Vietnam has been under the ownership of the entire population and the State’s unified management. The transfer of land use rights constitutes a unique legal institution in Vietnam, arising out of the process of forming and developing a market economy in general and a real estate market in particular.
Mergers and acquisitions: the future of banking in Vietnam Mergers and acquisitions: the future of banking in Vietnam
In the context of Vietnam’s deeper international economic integration, numerous merger and acquisition (M&A) deals will be seen in the country’s banking sector in order to optimize profits, diversify banking operations, mitigate risks and achieve Government-set objectives of restructuring the financial-banking system to help weather pervasive impacts of the global financial crisis.
Circular No. 03/2007/TT-NHNN: Circular No. 03/2007/TT-NHNN:
State Bank tightens regulations on banks involving foreign elements
A slice of the pie: Foreign shareholding in Vietnamese banks A slice of the pie: Foreign shareholding in Vietnamese banks
On April 20, the Government issued Decree No. 69/2007/ND-CP on foreign shareholding in Vietnamese commercial banks. Julia Howes, a lawyer with Allens Arthur Robinson, takes a look at the new rules.
DECREE No. 69/2007/ND-CP: DECREE No. 69/2007/ND-CP:
Share purchase by foreign investors from Vietnamese commercial banks
Draft decree on the purchase of Vietnamese banks shares by foreign investors Draft decree on the purchase of Vietnamese banks’ shares by foreign investors
Under the latest draft, which is being finalized by the SBV for submission to the Government for approval, foreign credit institutions may be allowed to acquire shares in up to two joint-stock commercial banks and up to 20% of a joint-stock bank’s charter capital.

Video

Vietnam Law & Legal Forum