06.2026 - FOREX REGISTRATION UNDER SIMPLIFIED OVERSEAS INVESTMENT REGIME
The traditional outward investment procedures normally involve, among others, the registration of outward investment with the investment authorities and the registration of foreign exchange transactions with the State Bank of Vietnam (“SBV”).
It is notable that the outward investment regime has recently been significantly simplified, and accordingly, certain projects may now be exempt from the outward investment registration. This necessitates amendments to the foreign exchange regime currently governed by Circular No. 12/2016/TT-NHNN.
In this Legal Update, we highlight several notable points across the various investment stages under the draft new Circular currently released by the SBV, in the hope of facilitating investors throughout the outbound investment process.
For more details, please refer to the Legal Update here provided by RHTLaw Vietnam.
