Decision 257/QD-TTg 2024 was signed by Deputy Prime Minister Le Minh Khai on March 30, 2024. This decision issues the plan for the implementation of the Law on Credit Institutions number 32/2024/QH15. In this Decision, the lead agency is the State Bank along with the coordinating agencies assigned to draft 10 documents guiding the implementation […]

On March 27, 2024, the Government Office issued Announcement 122/TB-VPCP on the conclusion of the Prime Minister at the Conference on the implementation of the task of developing the stock market in 2024. - The Ministry of Finance is the lead agency, in coordination with related agencies: + Urgently implement necessary measures to upgrade the […]

On March 8, 2024, the State Bank issued a Draft Circular amending and supplementing Circular No. 39/2016/TT-NHNN dated December 30, 2016 regulating lending activities of credit institutions, foreign bank branches to customers to ensure uniform understanding in implementation, in accordance with legal regulations and practical requirements. Accordingly, the draft retains the content of a number […]

On March 6, 2024, the State Bank of Vietnam issued Official Dispatch No. 1628/NHNN-CSTT to synchronously and effectively implement interest rate announcement. The State Bank requires credit institutions as follows: - Continue to announce average lending interest rates, average deposit and lending interest rate differences, lending interest rates for credit programs, credit packages and other […]

Company formation and bank account opening in Vietnam