Thứ Tư, 27/07/2022, 10:40

Tăng giảm cỡ chữ:

Tokens in the business of prize-winning video games

On July 12, 2022, the Governor of the State Bank of Vietnam issues the Circular No. 09/2022/TT-NHNN guiding the foreign exchange management of the business of prize-winning video games for foreigners.

In accordance with Article 4, Circular The par value of tokens may be nominated in Vietnam dong or a freely convertible foreign currency. An enterprise must convert the foreign-currency par value of tokens into Vietnam dong or foreign currency.

The exchange rate used for the conversion is that quoted on the transaction date by a licensed bank at which the enterprise opens its special-use foreign currency account. In case the transaction date falls on a day-off or public holiday, the exchange rate used for the conversion is that quoted on the day preceding the transaction date.

tokens-in-the-business-of-prize-winning-video-games — *Tokens in the business of prize-winning video games (Illustration)*

Players may exchange tokens for a foreign currency or Vietnam dong if not used them up or if they win prizes in tokens and may use foreign currency amounts exchanged from tokens for conducting the transactions: Sell foreign currency amounts to licensed banks, remit foreign currency amounts abroad via licensed banks; obtain licensed banks’ certificates for bringing abroad foreign currency amounts...

The Circular 09/2022/TT-NHNN takes effect on September 01, 2022.

1900 6192 để được giải đáp qua tổng đài

090 222 9061 để sử dụng dịch vụ Luật sư tư vấn (CÓ PHÍ)

Đánh giá bài viết:

Tin cùng chuyên mục

Ministry introduces new administrative procedures regarding radiation and nuclear safety

The Ministry of Science and Technology (MOST) has announced 39 newly-promulgated administrative procedures and 51 annulled ones in the field of radiation and nuclear safety.

06/02/2026

Strategy to help enhance Vietnam’s prestige, appeal on international arena

The target is set out in the Government’s strategy to promote Vietnam’s global image for the 2026–2030 period, with a vision to 2045, approved by the Prime Minister on January 27. The strategy underlines that promoting Vietnam's image abroad is not merely information activities, but a strategic "soft" tool serving the country's development.

06/02/2026

Import tariff-rate quotas for salt and birds' eggs for 2026 have been newly published

The import tariff-rate quotas for salt and birds’ eggs in 2026 are prescribed in Circular No. 03/2026/TT-BCT of the Ministry of Industry and Trade, issued on January 26, 2026, and taking effect on March 15, 2026.

05/02/2026

List of special-purpose machinery serving agricultural production to 5% VAT from December 31, 2025

The Minister of Agriculture and Environment has promulgated Circular No. 101/2025/TT-BNNMT on providing guidance on other special-purpose machinery serving agricultural production not yet specified in Clause 6, Article 19 of the Government’s Decree No. 181/2025/ND-CP dated July 01, 2025, detailing a number of articles of the Law on Value-Added Tax.

05/02/2026

From March 1, 2026, business households may no longer use bank accounts under individuals’ names

This requirement is prescribed in Circular No. 25/2025/TT-NHNN, which amends Circular No. 17/2024/TT-NHNN on the opening and use of payment accounts at payment service providers.

04/02/2026

2026 import tariff quotas for raw tobacco are 79,199 tons

The Ministry of Industry and Trade issued Circular No. 04/2026/TT-BCT dated January 26, 2026, providing the 2026 import tariff quotas for raw tobacco. This Circular shall take effect on March 15, 2026.

04/02/2026

English translation of the 2025 Law on Tax Administration is newly published

The Law on Tax Administration No. 108/2025/QH15 was passed to promote digital transformation, simplify administrative procedures, and enhance transparency in Vietnam's tax administration. The Law shall take effect from July 01, 2026 (specifically, several regulations on business households shall take effect earlier from January 01, 2026).

02/02/2026

New Decree clarifies mechanisms for land use levy

The Government has issued Decree No. 50/2026/ND-CP, detailing Resolution No. 254/2025/QH15 on mechanisms and policies for removing difficulties and obstacles in the implementation of the Law on Land 2024, specifically regarding land use levy and land rent. The Decree was promulgated and took effect on 31 January 2026.

02/02/2026

Gov’t simplifies investment, administrative procedures in science, technology, innovation

The Government on January 14 issued Decree 15/2026/ND-CP, revising several existing provisions in a move to streamline investment and business conditions and reduce unnecessary administrative requirements within the scope of state management of science, technology and innovation.

02/02/2026

Law on Science, Technology and Innovation helps drive fast, sustainable development

As the global economy transitions towards a knowledge-based model, science, technology and innovation have become decisive engines of national growth. In Vietnam, the 2025 Law on Science, Technology and Innovation is widely viewed as a strategic institutional framework for improving national competitiveness while raising the country’s position in global value chains.

02/02/2026

Xem tiếp

Tin liên quan