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Mar 18, 2024

LEGAL UPDATES – MARCH 2024 – NEW LAW ON CREDIT INSTITUTIONS - REMARKABLE CHANGES

LEGAL UPDATES – MARCH 2024 – NEW LAW ON CREDIT INSTITUTIONS - REMARKABLE CHANGES

The National Assembly of Vietnam adopted the new Law on Credit Institutions in January 2024 which is scheduled to come into effect on 1 July 2024 (save for certain provisions applicable to transfer of real estate projects which are security assets). This legislative update aims at preserving stability, transparency, and public confidence in the Vietnamese financial system. Kindly refer to the Legal Updates provided by RHTLaw Vietnam by clicking here.

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