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Official Gazette

Saturday, August 15, 2020
Tags: foreign bank
Official Gazette issues Nos 37-40/2020 issued on July 15 2020 Official Gazette issues Nos 37-40/2020, issued on July 15, 2020
Draft circular aims at stricter control of corporate bond-related transactions Draft circular aims at stricter control of corporate bond-related transactions
Credit institutions and foreign bank branches with a non-performing loan ratio of over 3 percent would be disallowed to buy corporate bonds, according to a draft circular recently released by the State Bank of Vietnam.
Official Gazette issues Nos 01-04/2020 available on April 21 2020 Official Gazette issues Nos 01-04/2020, available on April 21, 2020
Tax and land rental break decreed Tax and land rental break decreed
The Government on April 8 issued Decree 41 approving the extension of deadlines for payment of some taxes and land rentals in order to support businesses suffering the COVID-19 pandemic.
State Bank devises measures to support enterprises during the pandemic State Bank devises measures to support enterprises during the pandemic
In furtherance of Prime Minister Directive 11, SBV on March 13 issued Circular 01 providing a number of measures to support enterprises affected by the COVID-19 pandemic, including debt rescheduling, remission and reduction of loan interests and fees, and maintaining debt groups for borrowers.
Official Gazette issues Nos 116-120/2019 available on March 06 2020 Official Gazette issues Nos 116-120/2019, available on March 06, 2020
Official Gazette issues Nos 109-111/2019 coming out on February 11 2020 Official Gazette issues Nos 109-111/2019, coming out on February 11, 2020
Official Gazette issues Nos 105-108/2019 published on February 04 2020 Official Gazette issues Nos 105-108/2019, published on February 04, 2020
Security over deposits Security over deposits
In practice, deposits at banks are used as security a great deal. However, the legal framework applicable to that kind of property remains unclear. This article tries to give an overview of the applicable provisions regarding security over deposits and to suggest how to properly construe and improve them.
First-ever regulations on e-money to be issued First-ever regulations on e-money to be issued
The State Bank of Vietnam (SBV) is working on a draft decree to revise Decree 101 of 2012 on non-cash payment, introducing for the first time regulations on e-money.

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