Legal Centrix Vietnam

The State Bank of Vietnam (SBV) has officially extended a policy allowing exporters to take loans in foreign currencies for another year instead of stopping it on December 31 as planned.

Circular 18/2017/TT-NHNN issued on the 27 December 2017, effective 1 January to 31 December, 2018, stipulates that commercial banks may provide short-term foreign currency loans to exporting firms that ...

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