On April 02, 2021, the State Bank of Viet Nam issued Circular 03/2021/TT-NHNN on amending and supplementing some articles of Circular No. 01/2020/TT-NHNN providing instructions for credit institutions and branches of foreign banks on debt rescheduling, exemption or reduction of interest and fees, retention of debt category to assist borrowers affected by the Covid-19 pandemic which took effect on May 17, 2021.