Vietnam: Finance and Banking

Under Vietnamese law, the execution of an aircraft or engine sale agreement is not subject to any specific tax or stamp duty. It is, however, subject to the general tax regime...

Typical ownership structures for project companies in Vietnam vary based on the industry sector. Particularly, these structures are decided by taking into account the market access barriers...

Circular No. 06/2023/TT-NHNN, which amends and supplements certain provisions of Circular No. 39/2016/TT-NHNN, has been recently issued by the State Bank of Vietnam.

Vietnam stands on the threshold of a defining economic moment as FTSE Russell prepares to reclassify it from Frontier to Emerging Market status in September 2026. This anticipated upgrade is already drawing the attention of global financial giants like Vanguard, Blackstone, UBS and Morgan Stanley, who are positioning themselves ahead of what could become one of the most significant reallocations of international capital into Southeast Asia in recent decades.

Vietnam has fundamentally reformed its aviation regulatory framework through the 2025 Aviation Law, introducing express recognition of IDERA rights, streamlined deregistration procedures, and enhanced Cape Town Convention remedies. These changes strengthen creditor protections and align Vietnam more closely with international aircraft finance standards, reducing administrative barriers that previously complicated enforcement scenarios.

Institutional investors now control unprecedented shares of global capital, fundamentally reshaping how markets operate and how companies are governed. This analysis examines their growing influence across corporate governance, sustainability priorities, and long-term investment strategies, while addressing concerns about market concentration and systemic risk.

Vietnam stands on the threshold of a defining economic moment as FTSE Russell prepares to reclassify it from Frontier to Emerging Market status in September 2026. This anticipated upgrade is already drawing the attention of global financial giants like Vanguard, Blackstone, UBS and Morgan Stanley, who are positioning themselves ahead of what could become one of the most significant reallocations of international capital into Southeast Asia in recent decades.

Vietnam's banking and securities sectors operate under complex regulatory frameworks that govern foreign investment, ownership limits, and market participation. The State Bank of Vietnam oversees monetary policy and supervises commercial banks, while the State Securities Commission regulates public offerings, listings, and trading activities. Recent legislative changes have introduced new ownership thresholds, expanded business lines for credit institutions, and streamlined foreign investor classifications

Vietnam's State Bank (SBV) serves as the central bank and ministerial-level authority overseeing monetary policy, financial institution supervision, and foreign exchange management.