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Foreign Exchange Management For FDI Activities In Vietnam

Foreign Exchange Management For FDI Activities In Vietnam

Vietnam’s Circular 6 (Circular No 06/2019/TT-NHNN

Foreign Exchange

Foreign Exchange

All foreign exchange payment transactions and remittance are freely undertaken by residents and non-residents via their current accounts in accordance with the law on foreign exchange management. All foreign exchange payment transactions and remittance related to the export and import...

Foreign Trading

Foreign Trading

Vietnam is one of the most open economies to international trade in Asia. Vietnamese trade represented 208% of GDP in 2018 (World Bank). Vietnam exports transmission and electronic apparatus, footwear, technology products and automatic data processing machines. Imports include electronic integrated circuits and microassembliestool machinery and petroleum oils (Comtrade).