ANNOUNCEMENT 31 Mar 2014
In March 2014, the government of Vietnam announced a rule change for international private debt transactions.NUMBER OF INTERVENTIONS
1
SOURCE
State bank of Vietnam: Press Release on issuance of Circular No.12/2014/TT-NHNN http://bit.ly/1i56VlS
Additional reading
http://www.phuoc-partners.com/upload/files/newsletter%20march%202014%20final%20e%2001%20pp%2000(2).pdf
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.
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