Collect the latest updates of legal documents

May overseas Vietnamese open savings accounts in Vietnam?

May overseas Vietnamese open savings accounts in Vietnam?

As per Article 4.2 of the State Bank of Vietnam’s Circular 48/2018/TT-NHNN (Circular 48), on savings deposits, Vietnamese citizens may make Vietnam-dong savings deposits, while Vietnamese residents are entitled to open foreign-currency savings accounts.
SBV asked to strengthen credit management this year

SBV asked to strengthen credit management this year

The Premier on November 27 signed Official Telegraph 122/CD-TTg, requesting the Governor of the State Bank of Vietnam (SBV) to outline solutions aimed at improving credit management for 2024 in the face of evolving global economic challenges.