{"id":13946,"date":"2021-05-05T07:22:16","date_gmt":"2021-05-05T07:22:16","guid":{"rendered":"https:\/\/bizlawyer.vn\/types-and-scope-of-transactions-allowed-to-transaction-between-credit-institutions-operating-foreign-exchange"},"modified":"2021-07-27T04:18:19","modified_gmt":"2021-07-27T04:18:19","slug":"types-and-scope-of-transactions-allowed-to-transaction-between-credit-institutions-operating-foreign-exchange","status":"publish","type":"post","link":"https:\/\/bizlawyer.vn\/zh-hans\/types-and-scope-of-transactions-allowed-to-transaction-between-credit-institutions-operating-foreign-exchange","title":{"rendered":"Types and scope of transactions allowed to transaction between credit institutions operating foreign exchange"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">On March 31th, 2021, the State Bank of Vietnam issued Circular No. 02\/2021\/TT-NHNN instructs foreign currency transactions on the foreign currency market by credit institutions licensed to conduct foreign exchange operations.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Accordingly, this Circular prescribes the type and scope of transactions permitted for transactions between credit institutions engaging in foreign exchange transactions:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\">Credit institutions are allowed to conduct spot transactions, period transactions, swap transactions, option transactions <\/span><b><i>with other authorized credit institutions.\u00a0<\/i><\/b><\/li>\n<li><span style=\"font-weight: 400;\">Credit institutions are allowed to conduct spot transactions, period transactions, swap transactions, sale option transactions <\/span><b><i>with economic organizations<\/i><\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Credit institutions are allowed to conduct spot transactions and period transactions <\/span><b><i>with residents being other organizations and individuals.<\/i><\/b><\/li>\n<li><span style=\"font-weight: 400;\">Credit institutions are allowed to conduct spot transactions with <\/span><b><i>non-residents being organizations and individuals<\/i><\/b><span style=\"font-weight: 400;\"> and term sale foreign currency transactions with <\/span><b><i>non-residents.<\/i><\/b><\/li>\n<li><span style=\"font-weight: 400;\">Credit institutions are allowed to conduct sale foreign currency transactions<\/span> <b><i>with non-residents being foreign investors owning Government bonds issued in Vietnam Dong in the domestic market to prevent exchange rate risk for an investor&#8217;s investment bond.\u00a0<\/i><\/b><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">This document <\/span><span style=\"font-weight: 400;\">takes effect from May 17, 2021.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On March 31th, 2021, the State Bank of Vietnam issued C [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":14364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-13946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-16"],"_links":{"self":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts\/13946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/comments?post=13946"}],"version-history":[{"count":0,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/posts\/13946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/media\/14364"}],"wp:attachment":[{"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/media?parent=13946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/categories?post=13946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bizlawyer.vn\/zh-hans\/wp-json\/wp\/v2\/tags?post=13946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}