• UPDATES ON FOREIGN EXCHANGE CONTROL REGULATIONS

    11-01-2014

    On 26 December 2013, the State Bank of Vietnam issued the Circular No.32/2013/TT- NHNN (“Circular 32”) guiding the implementation of regulations restricting the use of foreign currency in the territory of Vietnam. Accordingly, within Vietnam’s territory, except for the cases allowed to use foreign currency, all transactions of offerings, payments, advertisements, quotations, pricing, prices in contracts, agreements and other similar forms (including conversion or adjustment of the prices of goods and services, the value of contracts and agreements) of residents and non-residents are not allowed to be conducted in foreign currency....Read more

    UPDATES ON FOREIGN EXCHANGE CONTROL REGULATIONS
  • CIRCULAR 201/2013 GUIDING THE APPLICATION OF ADVANCED PRICING ARRANGEMENT (APA) IN TAX ADMINISTRATION
Updating...
On 26 December 2013, the State Bank of Vietnam issued the Circular No.32/2013/TT- NHNN (“Circular 32”) guiding the implementation of regulations restricting the use of foreign currency in the territory of Vietnam. Accordingly, within Vietnam’s territory, except for the cases allowed to use foreign currency, all transactions of offerings, payments, advertisements, quotations, pricing, prices in contracts, agreements and other similar forms (including conversion or adjustment ofthe prices of goods and services, the value of contracts and agreements) of residents and ...