Commentary

- 16 / 02 / 2019 -
Regulations on dossiers, procedures for approving some changes of commercial banks and foreign bank branches
On December 31, 2018, the State Bank of Vietnam issued Circular No. 50/2018/TT-NHNN regulating documents, procedures for approving the changes of commercial banks, Foreign bank branches are issued by the Governor of the State Bank of Vietnam. This Circular takes effect from February 15, 2019. Accordingly, Circular No. 50/2018/TT-NHNN stipulates a number of changes related […]
- 16 / 02 / 2019 -
Regulating the management of cash, valuable papers, precious assets temporarily deposited and temporarily kept by the State Treasury for preservation
On December 28, 2018, the Government issued Circular No. 135/2018/TT-BTC regulating the management of cash, valuable papers and precious assets temporarily deposited and temporarily held by the state treasury. receive preservation. This Circular takes effect from February 15, 2019. Accordingly, Circular No. 135/2018/TT-BTC has the following outstanding contents: – Units in the State Treasury system, […]
- 16 / 02 / 2019 -
New regulations on tobacco trading
On December 26, 2018, the Ministry of Industry and Trade issued Circular No. 57/2018/TT-BCT on guiding the Decree relating to the tobacco business. This Decree takes effect from February 19, 2019. Accordingly, Circular No. 57/2018/TT-BCT regulates the responsibilities and powers of tobacco business organizations and individuals as follows: – Coordinate with inspection teams and inspection […]
- 16 / 02 / 2019 -
Issuing the list of export and import goods accompanied by hs code under the management scope of the State Bank of Vietnam in the gold field
On December 28, 2018, the State Bank of Vietnam issued Circular No. 47/2018/TT-NHNN promulgating the list of export and import goods accompanied by his codes under the management scope of the home bank. Vietnam in the goldfield. This Circular takes effect from February 12, 2019. Accordingly, Circular No. 47/2018/TT-NHNN stipulates the List of export and […]
- 01 / 02 / 2019 -
Conditions for borrowing capital to invest abroad
On 25/12/2018, the State Bank of Vietnam promulgated the Circular No. 36/2018/TT-NHNN on lending to invest abroad of Credit institutions, foreign bank branches for customers. Accordingly, Circular No. 36/2018/TT-NHNN specifically provides on conditions to borrowing capital to invest abroad, including: – The customer is a legal entity with civil legal capacity; If the customer is […]
- 01 / 02 / 2019 -
Regulations on the process for converting ATM cards to chip cards
On 28/12/2018, The State Bank of Vietnam has issued Circular No. 41/2018/TT-NHNN amending and supplementing a number of articles of the Circular No. 19/2016/TT-NHNN regulations on bank card operations. This Circular will take effect from 18/02/2019. Accordingly, Circular No. 41/2018/TT-NHNN regulates the process for converting ATM cards to chip cards as follows: For card payment […]
- 01 / 02 / 2019 -
Guiding the management and using of proceeds from auction of illegally imported cigarettes subject to confiscation of quality assurance for export to foreign countries
On 14/12/2019, Ministry of Finance promulgated Circular No. 122/2018/TT-BTC guiding the management and using of proceeds from the auction of illegally imported cigarettes subject to confiscation of quality assurance for export to foreign countries. The Circular took effect from 01/02/2019. Accordingly, Circular No. 122/2018/TT-BTC regulates agencies, organizations assigned to duties will pilot the auction of […]
- 01 / 02 / 2019 -
Promulgating the list of 13 national key agricultural products
On December 25th, 2018, the Ministry of Agriculture and Rural Development issued Circular No. 37/2018/TT-BNNPTNT promulgating the list of national key agricultural products. This Circular takes effect from February 8, 2019. Accordingly, Circular No. 37/2018/TT-BNNPTNT promulgates 13 national key agricultural products, specifically as follows: – Rice; The coffee; Rubber; Thing; Pepper; Tea; Vegetables; Cassava and […]