ANNOUNCEMENT 31 Mar 2014In March 2014, the government of Vietnam announced a rule change for international private debt transactions.
NUMBER OF INTERVENTIONS
State bank of Vietnam: Press Release on issuance of Circular No.12/2014/TT-NHNN http://bit.ly/1i56VlS
One 31 March 2014, the State Bank of Vietnam (SBV) issued Circular No. 12/2014/TT-NHNN stating the conditions for foreign loans taken by enterprises that do not have government guarantees. The Circular amends and supplements an earlier 2004 circular with the following rules:
The Circular took effect on 15 May 2014.