Global Trade Alert
Global Trade Alert

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Vietnam: Government prohibited foreign bank branches to provide certain loans

Description

On 28 June 2023, the State Bank of Vietnam (SVB) issued Circular 06/2023, prohibiting foreign bank branches operating in the country to provide the following loans: Loans used for deposits; Loans for...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

01 Sep 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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