Banking and Finance

SBLAW would like to update the new policy regarding to Payment Intermediary Service in Vietnam as follow: + Up to now, there are 25 enterprises granted License for providing Intermediate Payment Service. However, after conducting a comprehensive survey, SBV found that not many of them can totally rely on Intermediate Payment...

Question: We are a commercial foreign bank having branch in Vietnam and would like to seek a law firm in Vietnam, please advise this? Answer: Further to our discussion from which we were requested to provide legal retainer services to Commercial foreign Bank in Vietnam  (hereinafter referred to as “BANK”),...

Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015. Accordingly,  a  business  entity  is  entitled  to  act  as  a currency exchange agent only after it is issued with...