foreign exchange Archives

Updates on foreign exchange administration in respect of enterprises’ foreign loan borrowing and repayment

19/01/2023 by Le Gia Khanh

On September 30, 2022, the State Bank of Vietnam promulgated Circular 12/2022/TT-NHNN on guidelines for foreign exchange administration in respect of enterprises’ foreign borrowing and repayment, replacing Circular 03/2016/TT-NHNN and its amendments and supplements (Circular 05/2016/TT-NHNN, Circular 05/2017/TT-NHNN). This Circular 12 took effect from November 15, 2022.

Intricacies of foreign exchange in M&A

22/06/2021 by Le Gia Khanh, Nguyen Van Hai Dang

Mergers and acquisitions have been emerging as an attractive channel for international investors in Vietnam. However, some barriers are restricting foreign investors from entering shared sales and purchase agreements in Vietnamese enterprises. Two young lawyers Le Gia Khanh and Nguyen Van Hai Dang from NHQuang&Associates analyse the restrictions and how Vietnam can welcome more foreign funds.