Regulations on risk provisioning levels of credit institutions

Regulations on risk provisioning levels of credit institutions

On July 11, 2024, the Government issued Decree 86/2024/ND-CP regulating the level of deductions, methods of setting up risk provisions, and the use of provisions to handle risks in the operations of credit institutions, foreign bank branches and cases where credit institutions allocate interest receivables that must be divested. Here are some notable content: 1. […]

Implementation and Receipt of Price Declaration

Implementation and Receipt of Price Declaration

On July 10, 2024, the Government issued Decree 85/2024/ND-CP detailing some provisions of the Price Law. 1. The establishment of pricing plans for goods and services priced by two levels is regulated as follows: - For goods and services funded by the state budget and ordered by central agencies or organizations: The production, business, and […]

Grappling with gold

Grappling with gold

At a livestreamed seminar hosted by Vneconomy / Vietnam Economic Times on July 8, local analysts share their insights with about Vietnam’s gold market and fundamental and long-term solutions for its effective management. The discussion was attended by Lawyer Nguyen Thanh Ha - Chairman of SBLAW. To prevent money laundering in gold transactions, we need […]

Bank card limit

Bank card limit

On June 28, 2024, the State Bank of Vietnam issued Circular No. 18/2024/TT-NHNN on bank card operations. Pursuant to Article 13 of Circular 18/2024/TT-NHNN stipulates that card issuers must agree with cardholders on payment limits, transfer limits, cash withdrawal limits and other limits in The use of cards by cardholders is in accordance with the […]

Amend and supplement regulations on checking loan use

Amend and supplement regulations on checking loan use

On June 28, 2024, the State Bank of Vietnam issued Circular No. 12/2024/TT-NHNN amending and supplementing a number of articles of Circular No. 39/2016/TT-NHNN dated December 30, 2016 of the Governor of the State Bank of Vietnam regulates lending activities of credit institutions and foreign bank branches to customers.   Amend and supplement regulations on […]

Grappling with gold

Grappling with gold

At a livestreamed seminar hosted by Vneconomy / Vietnam Economic Times on July 8, local analysts share their insights with about Vietnam’s gold market and

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Bank card limit

Bank card limit

On June 28, 2024, the State Bank of Vietnam issued Circular No. 18/2024/TT-NHNN on bank card operations. Pursuant to Article 13 of Circular 18/2024/TT-NHNN stipulates

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Foreign Loan Registration

Foreign Loan Registration

Our company currently has a short-term loan from the Thailand parent company. We are considering converting this loan into a medium or long-term loan to

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Decree on Non-Cash Payments

Decree on Non-Cash Payments

On May 15, 2024, the Government issued Decree No. 52/2024/NĐ-CP, which regulates non-cash payments. The key provisions of the Decree are as follows: - Opening

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