Newsletter No. 181

Newsletter Autumn 2016: Roadmap for Liberalization of Cross-border Capital Transactions

In This Issue:

1. State bank issued multiple new foreign exchange regulations on cross-border capital transactions and trade transactions;

2. Prime Minister approved the principles for developing a roadmap for liberalization of cross-border capital transactions; and

3. Ministry of Finance clarifies sectors eligible for CIT incentives and those eligible for import tax incentives.


Newsletter No. 180

Newsletter Spring 2016: Foreign Ownership Restrictions Lifted for Airports and Finance Companies

In This Issue:

Vietnam permits private and foreign investments in airports;

Foreign ownership cap on limited liability finance companies is lifted;

New Civil Code will take effect January 2017;

New Penal Code removes “illegal conduct of business” but may subject corporate entities to new types of offenses;

Legal framework for offshore trade of securities is introduced;

Securities trading rules become more flexible.