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's State Bank has proposed significant amendments to its non-cash payment regulations, introducing streamlined licensing procedures for intermediary payment service providers while expanding cross-border market access channels. The draft decree reduces documentation requirements and processing times, introduces partial license revocation mechanisms, and allows foreign payment providers to connect through licensed international financial switching services.

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.

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.