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Vietnam Finance Legal Updates (July 2023) - VAT Reduction Policy, Extension of Deadlines for Special Consumption Tax Payment, Lending by Credit Institutions and Foreign Bank Branches, License Issuance / Organization and Operation of Non-bank Credit Institution, etc.

2023.07.12.

Yulchon Vietnam would like to provide you with a brief of the latest issued legislation of Vietnam. This month's Legal Updates include the following items.

  1. VAT Reduction Policy
  2. Extension of Deadlines for Special Consumption Tax Payment
  3. Lending by Credit Institutions and Foreign Bank Branches
  4. License Issuance, Organization and Operation of Non-Bank Credit Institutions
  5. Operation of Agents Exchanging Currencies of Bordering Countries
  6. Refinancing Interest Rate, Rediscounting Interest Rate and Interest Rate of Overnight Lending
  7. Maximum Interest Rates of Deposits In VND
  8. Maximum Short-Term Lending Interest Rates In VND

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