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Official Gazette

Thursday, November 21, 2019
Tags: savings deposits
Official Gazette issues Nos 10-12/2019 coming out on May 04 2019 Official Gazette issues Nos 10-12/2019, coming out on May 04, 2019
Foreigners may be allowed to make savings deposits at local banks Foreigners may be allowed to make savings deposits at local banks
Non-residents with presence in Vietnam may be allowed to make termed savings deposits in both Vietnam dong and foreign currency at local banks, according to a draft circular recently released by the State Bank of Vietnam.
Foreigners could be disallowed to make Vietnam-dong savings deposits Foreigners could be disallowed to make Vietnam-dong savings deposits
The State Bank of Vietnam has recently released a draft circular guiding transactions related to savings deposits which allows only residents being Vietnamese citizens to make savings deposits in Vietnam dong and foreign currency.
New rules on foreign indirect investment in Vietnam New rules on foreign indirect investment in Vietnam
Miners required to restore the environment Miners required to restore the environment
New law protects safety of banking system New law protects safety of banking system
Passed in June, not only does the new Law on Credit Institutions reflect the administrative reform in banking operations but it also aims to protect lawful rights and interests of institutions and individuals that have credit relations with credit institutions and to ensure safety of the banking system and the entire economy.
Prime Minister clears up NA deputies concerns Prime Minister clears up NA deputies’ concerns
The Government would urgently design a specific program of action for the best fulfillment of the 2009 socio-economic objectives and tasks set forth in the National Assembly resolutions, Prime Minister Nguyen Tan Dung said on November 13 at a question-and-answer session of the National Assembly.
DECREE No. 28/2005/ND-CP OF MARCH 9 2005: On organization and operation of small-sized financial institutions in Vietnam DECREE No. 28/2005/ND-CP OF MARCH 9, 2005: On organization and operation of small-sized financial institutions in Vietnam
Decision No. 1160/2004/QD-NHNN: Decision No. 1160/2004/QD-NHNN:
On savings deposits

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