Global Trade Alert
Global Trade Alert

Vietnam: Further restrictions on foreign currency lending

Announcement

08 Mar 2012

In March 2012, the government of Vietnam announced a rule change for international private debt transactions.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 May 2012

Revocation date:

31 Dec 2012

Updated: 08 Mar 2012
Controls on credit operations

 On 8 March 2012, State Bank of Vietnam (SBV) issued Circular No. 03/2012/TT-NHNN further restricting foreign currency lending by domestic credit institutions and foreign bank's branches to re...

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