September 10, 2019
The State Bank of Vietnam on June 26, 2019, issued Circular No. 06/2019/TT-NHNN on foreign exchange control of foreign direct investment activities in Vietnam (Circular 06). On September 6, 2019, Circular 06 replaced Circular No. 19/2014/TT-NHNN on the same matter, while also amending Circular No. 05/2014/TT-NHNN on opening and using foreign indirect investment capital accounts and Circular 16/2014/TT-NHNN on the use of foreign currency and Vietnamese dong accounts for residents and non-residents. Below are some notable points of Circular 06.