Consolidated Document number 27/VBHN-NHNN stipulates the classification of assets in the operations of commercial banks, non-bank credit institutions, and foreign bank branches.

SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ________________________

 

Pursuant to …;

Issuing the Interbank Foreign Exchange Trading Rules

 

Decision No. 21/2008/QĐ-NHNN dated July 11, 2008, of the Governor of the State Bank of Vietnam to issue the Interbank Foreign Exchange Trading Rules, which took effect from August 3, 2008, has been amended and supplemented by:

1. Circular No. 11/2016/TT-NHNN dated June 29, 2016, of the Governor of the State Bank of Vietnam amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

2. Circular No. 15/2019/TT-NHNN dated October 11, 2019, of the Governor of the State Bank of Vietnam amending and supplementing certain legal documents on administrative procedures and documents in the field of foreign exchange management, effective from November 25, 2019.

3. Circular No. 75/2025/TT-NHNN dated December 31, 2025, of the Governor of the State Bank of Vietnam amending and supplementing certain provisions in legal documents in the field of managing foreign exchange service supply and usage activities to implement plans for reducing and simplifying administrative procedures, effective from December 31, 2025.

GOVERNOR OF THE STATE BANK OF VIETNAM

 

Pursuant to the Law on the State Bank of Vietnam 1997 and the Law Amending and Supplementing Certain Provisions of the Law on the State Bank of Vietnam 2003;

Pursuant to the Foreign Exchange Decree 2005;

Pursuant to Decree No. 160/2006/NĐ-CP dated December 28, 2006, of the Government detailing the implementation of the Foreign Exchange Decree;

Pursuant to Decree No. 52/2003/NĐ-CP dated May 19, 2003, of the Government on the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

Based on the proposal of the Director of the Foreign Exchange Management Department^[1],[2],[3],

DECISION:

 

Article 1. The Interbank Foreign Exchange Trading Rules are promulgated together with this Decision.

Article 2.^[4],[5],[6] This Decision takes effect 15 days after its publication in the Official Gazette and replaces Decision No. 1216/2003/QĐ-NHNN dated October 9, 2003, of the Governor of the State Bank of Vietnam on the issuance of the Interbank Foreign Exchange Trading Rules.

Article 3.^[7] Heads of relevant units under the State Bank of Vietnam, permitted credit organizations, and related organizations and individuals are responsible for implementing this Decision.

 

 

INTERBANK FOREIGN EXCHANGE TRADING RULES

(Issued together with Decision No. 21/2008/QĐ-NHNN dated July 11, 2008, of the Governor of the State Bank of Vietnam)

 

Chapter I. GENERAL PROVISIONS

 

Article 1. Scope of Regulation

1.^[8] These Rules regulate the foreign exchange trading activities of economic organizations acting as agents for permitted credit institutions within the territory of Vietnam.

2. Foreign exchange trading activities of permitted credit institutions shall be carried out in accordance with the regulations of the General Director (Director) of the permitted credit institution, consistent with the regulations on the network operations of the credit institution.

3. Foreign currency trading activities involving countries sharing borders with Vietnam shall be conducted in accordance with other legal documents and are not subject to the regulation of these Rules.

Article 2. Applicability^[9]

1. Permitted credit institutions, including banks, non-bank financial institutions, and foreign bank branches, are allowed to engage in foreign exchange business and provide foreign exchange services in accordance with the law.

2. Economic organizations acting as agents for foreign exchange trading for permitted credit institutions.

3. Other organizations and individuals related to foreign exchange trading agency activities.

Article 3.^[10] (Repealed)

Article 4. Activities of foreign currency exchange agents^[11]

1. Foreign currency exchange agents may only operate by using Vietnamese Dong to purchase foreign currency cash from individuals and shall not sell foreign currency cash to individuals for Vietnamese Dong or other foreign currencies, except as provided for in Clause 2 of this Article.

2. Foreign currency exchange agents located in quarantine zones at international border gates may sell foreign currency cash to individuals holding passports issued by competent authorities of foreign countries, as stipulated in Article 8 of this Regulation.

3.^[12] Economic organizations may agree with credit institutions on the placement of foreign currency exchange agents at one or more locations within the area where the economic organization has its main office or branch, through agency contracts.

Article 4a. Principles for establishing, submitting, receiving, and responding to results of applications for approval of registration of foreign currency exchange agents; registration of changes to foreign currency exchange agents^[13]

1. Applications for approval of registration of foreign currency exchange agents, registration of changes to foreign currency exchange agents shall be submitted directly to the One-Stop Service Desk of the State Bank of Vietnam Regional Branch or sent via postal service to the State Bank of Vietnam Regional Branch or submitted online through the National Public Service Portal.

2. The period for checking the completeness and accuracy of the application is three working days from the date the Information System for Administrative Procedures of the State Bank of Vietnam receives the application through the online method or from the date the One-Stop Service Desk of the State Bank of Vietnam Regional Branch receives the application through the direct method or via postal service.

3. In cases where the application is submitted online through the National Public Service Portal, the electronic application must use digital signatures in accordance with the provisions of the law on administrative procedures in the electronic environment.

In cases where the administrative procedure has not been provided online on the National Public Service Portal or if the National Public Service Portal encounters technical issues preventing it from accepting, exchanging, or processing electronic information, the submission of the application, receipt, response, and exchange of information shall be conducted via postal service or directly at the One-Stop Service Desk of the State Bank of Vietnam Regional Branch.

4. Documents in the electronic application include electronic texts, scanned copies of original documents, original documents (PDF format files).

5. Documents in the paper application shall be handled as follows:

a) The Application for Approval of Registration of Foreign Currency Exchange Agents, Application for Registration of Changes to Foreign Currency Exchange Agents must be originals or true copies;

b) Contracts, agreements, documents issued or signed by organizations must be originals, true copies, certified copies, copies confirmed by the organization as being copied from the original;

c) Other documents in the application must be originals, true copies, copies from the original register, certified copies.

6. Applications for approval of registration of foreign currency exchange agents, registration of changes to foreign currency exchange agents must be prepared in Vietnamese. In cases where the original application is in a foreign language, it must be translated into Vietnamese and the translator's signature must be certified according to the certification regulations of Vietnamese law, except for contracts, agreements, documents issued or signed by organizations which the organization can translate and confirm themselves, and bear responsibility for the accuracy of the translation.

7. Organizations are responsible for the accuracy and truthfulness of the information stated in the application.

Chapter II. SPECIFIC PROVISIONS

 

Article 5.^[14] (Repealed)

Article 6.^[15] (Repealed)

Article 6a. Cases requiring registration and notification for changes^[16]

1. Changes to the following contents must be registered with the State Bank branch in the province or city where the Foreign Exchange Trading Agent Registration Certificate was issued:

a) Change of name or address of the economic organization;

b) Change of location of the foreign exchange trading agent;

c) Increase in the number of foreign exchange trading agents.

2. In cases of change of name of the authorized credit institution or reduction in the number of foreign exchange trading agents, the economic organization shall notify the State Bank branch in the province or city where the Foreign Exchange Trading Agent Registration Certificate was issued within thirty working days from the date of change.

3. The application documents, procedures, and formalities for registering changes shall be carried out in accordance with the provisions of Articles 7 and 7a of this Regulation Application documents for approval of registration as a foreign exchange trading agent; registration for changes to foreign exchange trading agents.

Article 7. 1. The application documents for approval of registration as a foreign exchange trading agent include:^[17]

registrationregistrationas a foreign exchange trading agent include:

a) An application form for approval of registration as a foreign exchange trading agent (in accordance with the model attached as Appendix 1 to this Regulation);

b) A commitment letter from the economic organization accompanied by a copy of the supporting documents (if any) regarding the placement of the foreign exchange trading agent at the location in accordance with the Government's regulations on conditions for economic organizations conducting foreign exchange trading agent activities; the economic organization's commitment to only act as a foreign exchange trading agent for one permitted credit institution;organization credit institution permitted;

c) Report on the economic organization equipping a complete public exchange rate notice board, signboard displaying the name of the authorized credit institution and the name of the foreign currency exchange agent at the transaction location;

c) Report on the economic organization's provision of complete public exchange rate notice boards and signs displaying the name of the authorized credit institution and the name of the foreign exchange trading agent at the transaction location;

d) The foreign exchange trading process including the following main contents: measures to ensure security during the foreign exchange trading process; record-keeping, issuance of invoices to customers, retention of vouchers, invoices, and ledgers; accounting systems; reporting systems;

đ) The agency agreement signed with the authorized credit institution, including the following main contents:(i) Name, headquarters address, contact phone number of the parties signing the contract; accurately, contact phone numbers of the parties signing conclude contract;

(ii) Name and address of the foreign exchange trading agents;

(iii) Regulations stipulating that foreign exchange trading agents can only purchase foreign currency in cash (except for agents located in quarantine zones at international border gates) and resell the purchased cash foreign currency (excluding the amount of foreign currency in reserve left behind) to the authorized credit institution;(iv) Regulations on the principles for determining buying and selling rates (for agents located in quarantine zones at international border gates) for customers and the rates for reselling cash foreign currency to the authorized credit institution in compliance with foreign exchange management regulations; regulations on commission fees (if any); (authorized credit institution) and resell the obtained foreign currency cash (excluding the amount of foreign currency in reserve left behind) to organization authorized credit institution;

(v) Rights and obligations of the parties involved in the contract, clearly stipulating that the foreign exchange trading agent must comply with the foreign exchange trading process; stipulating that the authorized credit institution must periodically monitor the operations of the agents to ensure compliance with the contract and legal regulations;(vi) Agreement on the amount of reserve left behind and the deadline for selling the purchased cash foreign currency to the authorized credit institution.2. The application documents for registering changes to foreign exchange trading agents include:

a) A change registration form for foreign exchange trading agents (in accordance with the model attached as Appendix 5 to this Regulation);including computer-based multiple choice testsb) Relevant documents necessary for changes as stipulated in Clause 1 of Article 6a of this Regulation;

c) Report on the economic organization's provision of complete public exchange rate notice boards and signs displaying the name of the authorized credit institution and the name of the foreign exchange trading agent at the transaction location, along with a commitment letter from the economic organization accompanied by a copy of the supporting documents (if any) regarding the fulfillment of the location requirements for placing foreign exchange trading agents (in the case of increasing the number of foreign exchange trading agents).organization authorized credit institution.

2. Documents for registering changes to the foreign currency exchange agent include:

a) Application for changing the foreign currency exchange agent (in accordance with Form 5 attached to this Regulation);

b) Relevant documents necessary for the change stipulated in Clause 1 Article 6a of this Regulation;

c) Report on the economic organization equipping a complete public exchange rate notice board, signboard displaying the name of the authorized credit institution and the name of the foreign currency exchange agent at the transaction location, along with a commitment letter from the economic organization accompanied by a copy of the supporting documents (if any) demonstrating compliance with the conditions regarding the location of the foreign currency exchange agent of the economic organization (for cases where the number of foreign currency exchange agents is increased). condition

Article 7a. Procedure and formalities for approving registration of foreign exchange trading agents; registration to change foreign exchange trading agents^[18]

1. An economic organization that wishes to carry out foreign exchange trading agency activities or change foreign exchange trading agents shall prepare one set of documents and submit it to the State Bank branch in the region where the foreign exchange trading agent is located, in accordance with this Regulation.

2. Within twenty working days from the date of receiving complete and valid documents, the State Bank branch in the region shall examine and issue a Certificate of Registration for Foreign Exchange Trading Agent (in the form attached as Appendix 2 of this Regulation) or a Certificate of Registration for Changing Foreign Exchange Trading Agent (in the form attached as Appendix 6 of this Regulation).

In cases where the submitted documents do not meet the conditions for processing, within ten working days from the date of receipt of the documents, the State Bank branch in the region shall issue a document requesting the organization to supplement the documents in accordance with this Regulation.

In case of refusal, the State Bank branch in the region shall issue a refusal document for the issuance of the Certificate and clearly state the reasons.

3. In cases where the Certificate of Registration for Foreign Exchange Trading Agent, or the Certificate of Registration for Changing Foreign Exchange Trading Agent is issued to an economic organization that has a foreign exchange trading agent located in another province or centrally-administered city different from the location of its headquarters,organization (i) Name, headquarters address, contact phone number of the parties signing the contract; 

the State Bank branch in the region shall issue the Certificate and send a copy of the Certificate to the State Bank branch in the region where the economic organization's headquarters is located for their knowledge and monitoring.

The validity period of the Certificate of Registration for Foreign Exchange Trading Agent:organizationa) The validity period of the Certificate of Registration for Foreign Exchange Trading Agent is based on the validity period of the foreign exchange trading agency contract signed by the economic organization with the authorized credit institution;

b) In cases where the foreign exchange trading agency contract signed by the economic organization with the authorized credit institution expires or is terminated prematurely, termination of validity or expiration of the contract term;the economic organizationorganization  must terminate the foreign exchange trading agency activities and return the original Certificate of Registration for Foreign Exchange Trading Agent to the State Bank branch in the region where the Certificate was issued within thirty working days from the expiration or termination date of the contract;dated conducting foreign currency exchange agency activities and following 

c) An economic organization wishing to continue carrying out foreign exchange trading agency activities must comply with the Government's regulations on conditions for conducting such activities and follow the procedures and formalities stipulated in Article 7, Clause 1, and Clause 2 of Article 7a of this Regulation.organization  procedures, process, formalities prescribed in Article 7, Clause 1, Clause 2 Article 7a of this Regulation.ả

Article 8. Selling foreign currency to individuals departing the country

Foreign exchange trading agents located at quarantine zones at international border gates may sell cash foreign currency to individuals holding foreign passports upon departure according to the following provisions:

1. Sell up to 1,000 USD (One thousand US Dollars) or other foreign currencies of equivalent value to individuals who have completed departure procedures based on presenting their passport.

2. Sell more than 1,000 USD (One thousand US Dollars) or other foreign currencies of equivalent value to individuals who have completed departure procedures. When selling foreign currency, the foreign exchange trading agent shall require the buyer to present their passport, receipt (invoice) obtained from permitted credit institutions or other foreign exchange trading agents in Vietnam. The validity period of the receipt (invoice) used to repurchase previously exchanged foreign currency is ninety days from the date recorded on the receipt (invoice) for exchanging foreign currency. The foreign exchange trading agent must reclaim the receipt (invoice) for previously exchanged foreign currency.

The maximum amount of foreign currency that individuals can repurchase cannot exceed the amount of foreign currency recorded on the receipt (invoice).

Article 9. Time limit for selling foreign currency, amount of foreign currency cash reserve

1. Foreign currency exchange agents must sell the entire amount of foreign currency purchased (excluding the amount of foreign currency cash reserve retained) to the authorized credit organization^[19] at the end of each working day. In cases where the location of the foreign currency exchange agent is far from the authorized credit organization^[20]and travel is difficult, the credit organization shall base its agreement on the actual situation to determine the time limit for selling the purchased foreign currency cash but not exceeding 7 (seven) working days.

2. Foreign currency exchange agents may retain a daily amount of small denomination foreign currency cash to serve foreign currency exchange activities according to the agreement between the authorized credit organization^[21] and the organization acting as the foreign currency exchange agent, but not exceeding 2,000 USD (two thousand US dollars) or equivalent foreign currencies. In cases where the foreign currency exchange agent requests to increase the foreign currency cash reserve above 2,000 USD, the organization acting as the foreign currency exchange agent must submit a written explanation of the reasons to the State Bank branch in the region^[22] where the foreign currency exchange agent is located for review and resolution.

3. Within 15 (fifteen) working days from the date of receipt of the request to increase the foreign currency cash reserve from the organization acting as the foreign currency exchange agent, the State Bank branch in the region^[23] will base its decision on the actual situation and needs in the area, based on the agreement between the authorized credit organization^[24] and the organization acting as the foreign currency exchange agent to provide a written response regarding approval or non-approval of increasing the foreign currency cash reserve of the foreign currency exchange agent.

Article 10. Responsibilities of Foreign Currency Exchange Agents

1. Publicly post and announce the exchange rate for purchasing foreign currency cash with the Vietnamese dong at the location of the foreign currency exchange agent and purchase foreign currency from customers according to the posted and announced exchange rate. For foreign currency exchange agents located in quarantine zones at international border gates, they must publicly post and announce the exchange rates for purchasing and selling foreign currency cash with the Vietnamese dong and conduct purchases and sales of foreign currency with customers according to the posted and announced exchange rates.

2. The buying and selling exchange rates between credit organizations and foreign currency exchange agents shall be implemented according to the agreement in the agency contract between the authorized credit organization^[25] and the organization acting as the foreign currency exchange agent, in compliance with current regulations on foreign exchange management.

3. Implement the system of issuing invoices for purchasing and selling foreign currency, updating data and accounting records according to the guidance of the authorized credit organization^[26], in compliance with the current accounting and bookkeeping system. The foreign currency exchange agent for an authorized credit organization^[27] shall use the invoice of that authorized credit organization^[28] . When conducting foreign currency exchange, the foreign currency exchange agent must hand over one copy of the invoice to the customer.

4. The foreign currency exchange agent must comply strictly with the provisions in the foreign currency exchange agency contract and the provisions in this Regulation.

5. During the course of operation, when the foreign currency exchange agent discovers cases where customers use counterfeit foreign currencies or foreign currencies that have ceased to be in circulation as means of purchase and sale, the foreign currency exchange agent has the responsibility to prepare a record, temporarily hold the foreign currency, and report to the competent authority to initiate investigation and handling.

Article 11. Responsibilities of Authorized Credit Institutions^[29]

1. Authorized credit institutions may base their decision to enter into agency exchange contracts on the demand for expanding foreign currency exchange networks and the fulfillment of conditions required to become foreign currency exchange agents by organizations.

2. Organize short-term training courses to train and instruct staff of foreign currency exchange agents on skills to identify genuine and counterfeit foreign currencies, methods of issuing invoices, record-keeping, and issuance of confirmation certificates.

3. Provide software to agents to manage and monitor foreign currency exchange activities according to specific conditions of the authorized credit institution and the organization acting as a foreign currency exchange agent.

4. Regularly or randomly inspect the foreign currency exchange activities of agents assigned by themselves. If violations of provisions in the agency contract and this Regulation are discovered, the authorized credit institution shall take appropriate measures based on the nature and degree of violation.

5. In cases where it is necessary to terminate the agency foreign currency exchange contract, within five working days from the date of contract termination, the authorized credit institution must notify the State Bank branch in the region in writing.^[30] so that the State Bank branch can recover the issued foreign currency exchange registration certificate and cease the foreign currency exchange operations of the agent.

Article 12. Responsibilities of the State Bank Regional Branch^[31]

1. Direct and guide credit institutions in the area to fully comply with the provisions of this Regulation regarding the delegation of authority for foreign currency exchange agencies to organizations.

2. Regularly or randomly inspect the foreign currency exchange activities of foreign currency exchange agents and handle any violations according to the provisions of Article 14 of this Regulation..

3. Issue foreign currency exchange agency registration certificates to organizations based on the provisions of this Regulation.

4. Report quarterly according to the provisions of Article 15 of this Regulation or report at any time upon request of the Governor of the State Bank about the situation of foreign currency exchange activities of agents in the area.

Chapter III. IMPLEMENTATION

 

Article 13.^[32] (Repealed)

Article 14. Inspection and Handling of Violations

1. Authorized credit institutions^[33] have the responsibility to guide and regularly (at least once a month) or randomly inspect the activities of foreign currency exchange agents in compliance with the provisions of the foreign currency exchange agency contract and this Regulation.

2. State Bank regional branches^[34] have the responsibility to regularly annually and randomly inspect, audit, and supervise the foreign currency exchange activities of foreign currency exchange agents in the area according to this Regulation.

3. When discovering that a foreign currency exchange agent violates regulations on foreign currency exchange activities, the State Bank regional branch^[35] based on the nature and degree of violation, has the right to temporarily suspend or revoke the issued foreign currency exchange agency registration certificate and notify the authorized credit institution^[36] to cancel the signed agency contract with the organization acting as a foreign currency exchange agent.

4. In cases where the authorized credit institution^[37] jointly bears responsibility for the violation actions of foreign currency exchange agents, the authorized credit institution^[38] will also be subject to administrative penalties in the field of currency and banking activities according to the provisions on handling administrative violations.

5. An authorized credit institution^[39] having two (two) or more foreign currency exchange agents violate the provisions of this Regulation within twelve (twelve) months will not be allowed to sign new agency foreign currency exchange contracts with other organizations for twelve (twelve) months from the date of the second violation.

6. An authorized credit institution^[40] having three (three) or more foreign currency exchange agents violate the provisions of this Regulation within twelve (twelve) months will not continue to sign agency foreign currency exchange contracts with other organizations.

7. Organizations and individuals violating the provisions of this Regulation will be subject to administrative penalties or criminal liability depending on the degree and nature of the violation.

Article 15. Reporting System

1. Quarterly, before the fifth day of the first month of the next quarter, organizations acting as Currency Exchange Agents must report to the State Bank of Vietnam Branch in the Region where the Currency Exchange Agent is located on the situation of currency exchange in that quarter (Annex 3).^[41] 2. Quarterly, before the fifteenth day of the first month of the next quarter, the State Bank of Vietnam Branch in the Region must compile the situation of currency exchange within its jurisdiction in that quarter and report it to the State Bank of Vietnam (Foreign Exchange Management Department) (Annex 4).

Annex 1^[42] NAME OF ECONOMIC ORGANIZATION^[43]APPLICATION FOR APPROVAL TO REGISTER AS A CURRENCY EXCHANGE AGENT

 

Respectfully submitted to: The State Bank of Vietnam Branch in the Region ...^[44]

The agency agreement for currency exchange signed between ... (Name of economic organization) and ... (Name of authorized credit institution):	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------------
Number:	..., date..., month..., year...

 

number ...                            date .../.../...

We request the State Bank of Vietnam Branch in the Region ... to consider issuing a Certificate of Registration for Currency Exchange Agent to ... (Name of economic organization) at the following locations:

1. Currency Exchange Agent No. 1: address, telephone

Name of organization:

Fax:

Telephone number:

Business Registration Number:...

Organization identification code (if applicable):

Investment Registration Certificate number (if applicable):

2. Currency Exchange Agent No. 2: address, telephone

3. Currency Exchange Agent No. n: address, telephone

... (Name of economic organization) hereby commits to bear full responsibility under the law for the truthfulness and accuracy of the contents in this application and accompanying documents.

Annex 2

Regional Branch...

..., date.... month.... year.....

CERTIFICATE OF REGISTRATION FOR CURRENCY EXCHANGE AGENT

 

LEGAL REPRESENTATIVE (Signature, stamp)

 

DIRECTOR OF THE STATE BANK OF VIETNAM^[45]

STATE BANK OF VIETNAM REGIONAL BRANCH... --------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------------
Number:	Pursuant to Decree No. 28/2005/PL-UBTVQH11 on Foreign Exchange and Decree No. 06/2013/UBTVQH13 amending and supplementing certain articles of the Foreign Exchange Decree;

 

Pursuant to Decision No. 21/2008/QĐ-NHNN of the Governor of the State Bank of Vietnam promulgating the Regulations on Currency Exchange Agents;

Pursuant to Circular No. 75/2025/TT-NHNN of the Governor of the State Bank of Vietnam amending and supplementing certain provisions in legal documents governing the supply of foreign exchange services and the use of foreign exchange to implement plans to reduce and simplify administrative procedures;
Pursuant to Decision No. …….

 

Considering the application of ... (name of economic organization) for approval to register as a currency exchange agent in Application No. ... dated .../.../...

which has registered to act as a currency exchange agent for ... (name of authorized credit institution) at the following locations

Points

Name of Currency Exchange Agent¹

Address

CERTIFICATE

Article 1.

Name of organization:

Fax:

Telephone number:

Business Registration Number:...

Organization identification code (if applicable):

Investment Registration Certificate number (if applicable):

Telephone, Fax Currency Exchange Agent No. 1 as follows:

Serial number	Currency Exchange Agent No. 2	Currency Exchange Agent No. 3	n
1	Currency Exchange Agent No. n
2	During the course of performing currency exchange agency activities, ... (name of economic organization) must comply with current laws and regulations regarding currency exchange agencies and other relevant laws and regulations.
3	- Name of economic organization;
- Name of authorized credit institution;	- State Bank of Vietnam Regional Branch…

Article 2. (where the economic organization's main office is located for knowledge and monitoring);

 

Place of Receipt: - To be kept by State Bank of Vietnam Regional Branch... (Signature & Seal) Annex 3 Name of Economic Organization Name/Number of Currency Exchange Agent:

DIRECTOR Address: (location of the currency exchange counter)

 

Tel:

..., date ... month ... year ..... Respectfully submitted to The State Bank of Vietnam Branch in the Region REPORT ON FOREIGN EXCHANGE SITUATION

(Quarter ... year ...)

 

Unit: Equivalent USD:

Opening balance at the beginning of the quarter[46]….….

Volume of foreign currency purchases in the quarter
Volume of foreign currency sales to customers (for agents at border quarantine areas)

Volume of foreign currency sales to credit institutions

Currency Exchange Agent No. 2	Closing balance at the end of the quarter	(Exchange rate converted to USD for non-US dollar foreign currencies taken at the time of reporting)	PREPARED BY	CHECKED BY	Annex 4
Currency Exchange Agent No. n
During the course of performing currency exchange agency activities, ... (name of economic organization) must comply with current laws and regulations regarding currency exchange agencies and other relevant laws and regulations.
…………
Total

Regional Branch

 

STATE BANK OF VIETNAM (FOREIGN EXCHANGE MANAGEMENT DEPARTMENT

REPORT ON THE OPERATIONS OF CURRENCY EXCHANGE AGENTS

DIRECTOR Address: (location of the currency exchange counter)

 

Number of Agents

STATE BANK OF VIETNAM
Volume of foreign currency purchases (equivalent USD)^[47]…………

 

Unit: Equivalent USD: Volume of foreign currency sales to customers (equivalent USD)^[48])

Volume of sales to credit institutions (equivalent USD)
Volume of foreign currency sales to customers (for agents at border quarantine areas)

	Annex 5	APPLICATION FOR CHANGE OF CURRENCY EXCHANGE AGENT REGISTRATION	Certificate of Registration for Currency Exchange Agent:	number …                            date issued …/…/…
Total

 

STATE BANK OF VIETNAM (FOREIGN EXCHANGE MANAGEMENT DEPARTMENT

REPORT ON THE OPERATIONS OF CURRENCY EXCHANGE AGENTS

DIRECTOR Address: (location of the currency exchange counter)

 

… (Name of economic organization) requests to change the Certificate of Registration for Currency Exchange Agent with the following content:^[49]

The agency agreement for currency exchange signed between ... (Name of economic organization) and ... (Name of authorized credit institution):	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------------
Number:	..., date..., month..., year...

 

Annex 6

1. Currency Exchange Agent No. 1: address, telephone

Name of organization:

Fax:

Telephone number:

Business Registration Number:...

Organization identification code (if applicable):

Investment Registration Certificate number (if applicable):

…, date…. month…. year….

CERTIFICATE OF REGISTRATION FOR CHANGE OF CURRENCY EXCHANGE AGENT

(Certificate of Registration for Currency Exchange Agent No… date….,

……………………………………………………………………………………..………………

……………………………………………………………………..………………………………

CERTIFICATE OF REGISTRATION FOR CURRENCY EXCHANGE AGENT

 

LEGAL REPRESENTATIVE (Signature, stamp)

 

Certificate of Registration for Change of Currency Exchange Agent No…. date….)^[50]

STATE BANK OF VIETNAM REGIONAL BRANCH... --------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------------
Number:	REGIONAL BRANCH…

 

Considering the application of … (name of economic organization) for change of currency exchange agent registration in Application No… date…/…/…
Certificate of Registration for Currency Exchange Agent No…. date…./…./….
has changed the currency exchange agent registration with the following contents:

Pursuant to Circular No. 75/2025/TT-NHNN of the Governor of the State Bank of Vietnam amending and supplementing certain provisions in legal documents governing the supply of foreign exchange services and the use of foreign exchange to implement plans to reduce and simplify administrative procedures;
All other contents in the Certificate of Registration for Currency Exchange Agent No... date…./…./…. remain valid and enforceable.

Considering the application of ... (name of economic organization) for approval to register as a currency exchange agent in Application No. ... dated .../.../...

which has registered to act as a currency exchange agent for ... (name of authorized credit institution) at the following locations

Points

Name of Currency Exchange Agent²

This certificate is an integral part of the Certificate of Registration for Currency Exchange Agent No ... date…./…./…. of the State Bank of Vietnam Branch in the Region...

CERTIFICATE

Article 1.

Name of organization:

Fax:

Telephone number:

Business Registration Number:...

Organization identification code (if applicable):

Investment Registration Certificate number (if applicable):

No: 27/VBHN-NHNN

Circular No. 11/2016/TT-NHNN

1……………………………………………………………………………………

2……………………………………………………………………………………

3……………………………………………………………………………………

amending and supplementing certain legal documents on the provision of foreign exchange receipt and payment services, currency exchange agency activities, and individual foreign exchange counters based on the following grounds:

Article 2. Pursuant to the Law on Credit Institutions No. 47/2010/QH12 dated June 16, 2010;

 

Place of Receipt: - To be kept by State Bank of Vietnam Regional Branch... (Signature & Seal) Annex 3 Name of Economic Organization Name/Number of Currency Exchange Agent:

DIRECTOR Address: (location of the currency exchange counter)

 

STATE BANK OF VIETNAM VIETNAM _____________ Pursuant to the Decree on Foreign Exchange No. 28/2005/PL-UBTVQH11 dated December 13, 2005 and the Decree amending and supplementing certain articles of the

CERTIFIED CONSOLIDATED DOCUMENT   Hanoi, January 20, 2026   DIRECTOR DEPUTY DIRECTOR Doan Thai Son

 

 

 

 

^{_________________________________}

[1] Decree on foreign exchange

“Pursuant to the Law on the State Bank of Vietnam No. 46/2010/QH12 dated June 16, 2010;

No. 06/2013/UBTVQH13 dated March 18, 2013;

The Governor of the State Bank of Vietnam issues this Circular amending and supplementing certain legal documents on the provision of foreign exchange receipt and payment services, currency exchange agency activities, and individual foreign exchange counters. Circular No. 15/2019/TT-NHNN N |||amending and supplementing certain legal documents on administrative procedures in the field of foreign exchange management "Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;

Pursuant to Decree No. 156/2013/NĐ-CP dated November 11, 2013, of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Department of Foreign Exchange Management;

Pursuant to Decree No. 16/2019/NĐ-CP dated February 1, 2019 of the Government amending and supplementing certain articles of the decrees regulating business conditions under the management of

[2] The State Bank of Vietnam; At the proposal of the Director of the Department of is based on the following:

Foreign

Pursuant to the Law on Credit Institutions dated June 16, 2010 and the Law Amending and Supplementing Certain Articles of the Law on Credit Institutions dated November 20, 2017;

Pursuant to the Foreign Exchange Decree dated December 13, 2005 and the Decree Amending and Supplementing Certain Articles of the Foreign Exchange Decree dated March 18, 2013;

Exchange ;

Pursuant to Government Decree No. 16/2017/NĐ-CP dated February 17, 2017 on the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

The Governor of the State Bank of Vietnam issues this Circular amending and supplementing certain legal documents on administrative procedures in the field of foreign exchange management."n lforeign eintention xchange;No.The Governor of the State Bank of Vietnam issues a Circular amending and supplementing certain legal normative documents concerning administrative procedures and formalities in the field of foreign exchange management.”

The Governor of the State Bank of Vietnam issues a Circular amending and supplementing certain regulatory legal documents concerning administrative procedures and files in the foreign exchange management sector.

[3] Circular No. 75/2025/TT-NHNN amends and supplements certain provisions in legal normative documents in the field of managing service provision and foreign currency usage activities to implement plans for reducing and simplifying administrative procedures, based on the following grounds:

"Pursuant to the Law on the State Bank of Vietnam No. 46/2010/QH12;

Pursuant to the Law on Credit Organizations No. 32/2024/QH15 amended and supplemented by Law No. 96/2025/QH15;

Pursuant to the Foreign Exchange Ordinance No. 28/2005/PL-UBTVQH11 amended and supplemented by Ordinance No. 06/2013/UBTVQH13;

Pursuant to Decree No. 26/2025/NĐ-CP of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Foreign Exchange Management Department;

The Governor of the State Bank of Vietnam issues this Circular to amend and supplement certain provisions in legal normative documents in the field of managing service provision and foreign currency usage activities to implement plans for reducing and simplifying administrative procedures.

[4] Article 3 and Article 5 Decree amending and supplementing certain legal normative documents concerning foreign currency receipt and payment services, foreign exchange agency operations, and individual foreign currency exchange transactions, which shall take effect from August 13, 2016, are stipulated as follows:

“Article 3. Transitional Provisions for Foreign Exchange Agencies that have been Granted Registration Certificates for Foreign Exchange Agency Operations before the Effective Date of this Circular

Foreign exchange agencies that have been granted Registration Certificates for Foreign Exchange Agency Operations before the effective date of this Circular shall continue to carry out foreign exchange agency operations for authorized credit institutions according to the Registration Certificates for Foreign Exchange Agency Operations already issued, except where the foreign exchange agency contracts between economic organizations and authorized credit institutions become invalid or are terminated prematurely from the effective date of this Circular.

Article 5. Implementation Provisions

1. This Circular takes effect from August 13, 2016.

2. From the effective date of this Circular, the following articles and clauses shall cease to be enforced:

a) Section 6 of Circular No. 07/2001/TT-NHNN dated August 31, 2001, guiding the implementation of the Regulation on Currency Management in Border Areas and Border Economic Zones of Vietnam issued together with Decision No. 140/2000/QĐ-TTg dated December 8, 2000, of the Prime Minister.

b) Clause 2 of Article 1, and Article 6 of Circular No. 29/2015/TT-NHNN dated December 22, 2015, amending and supplementing certain legal normative documents of the State Bank of Vietnam regarding the components of application forms with certified true copies of documents.

3. The Director of the Office, Heads of the Department of Foreign Exchange Management, Heads of relevant units under the State Bank of Vietnam, Governors of the State Bank Branches in provinces and centrally-administered cities, Chairmen of the Board of Directors, Chairmen of the Board of Members, General Directors (Directors) of credit institutions, and branches of foreign banks are responsible for implementing this Circular.

[5] Article 6 and Article 7 of Circular No. 15/2019/TT-NHNN amending and supplementing certain legal normative documents concerning file and administrative procedure management in the field of foreign exchange management, which shall take effect from November 25, 2019, are stipulated as follows:

“Article 6. Responsibility for Organizing Implementation

The Director of the Office, Heads of the Department of Foreign Exchange Management, and Heads of units under the State Bank of Vietnam, Governors of the State Bank Branches in provinces and centrally-administered cities, Chairmen of the Board of Directors, Chairmen of the Board of Members, General Directors (Directors) of credit institutions, and branches of foreign banks are responsible for organizing the implementation of this Circular.

Article 7. Implementation Provisions

This Circular takes effect from November 25, 2019.”

[6] Article 36 and Article 37 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions of legal documents governing the management of service provision and foreign currency usage to implement measures for reducing and simplifying administrative procedures shall be as follows: 2. Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions of legal documents governing the management of service provision and foreign currency usage to implement measures for reducing and simplifying administrative procedures shall take effect from December 31, 2025.

“Article 36. Effective Date

1. This Circular shall take effect from December 31, 2025.

2. From the date this Circular takes effect, the following documents and regulations cease to be effective:

a) Circular No. 16/2015/TT-NHNN dated October 19, 2015, issued by the Governor of the State Bank of Vietnam amending and supplementing certain provisions of Circular No. 32/2013/TT-NHNN;

b) Circular No. 23/2022/TT-NHNN dated December 30, 2022 issued by the Governor of the State Bank of Vietnam amending and supplementing certain articles of legal documents to decentralize the handling of administrative procedures in the field of foreign exchange management;

c) Clause 3, Clause 4, Clause 7, Clause 8, Clause 9, Clause 10 of Article 1, Clause 4, Clause 6, Clause 7, Clause 9 of Article 2 of Circular No. 11/2016/TT-NHNN issued by the Governor of the State Bank of Vietnam amending and supplementing certain legal documents on service provision activities involving receipt and payment of foreign currencies, foreign currency exchange agency operations, and individual foreign currency exchange counter operations;

d) Clause 4, Clause 10, Clause 11, Clause 12, Clause 34, Clause 26, Clause 28, Clause 29, Clause 31, Clause 32, Clause 33, Clause 35 of Article 1, Article 2 of Circular No. 28/2016/TT-NHNN issued by the Governor of the State Bank of Vietnam amending and supplementing certain articles of Circular No. 21/2014/TT-NHNN;

đ) Article 3 of Circular No. 17/2018/TT-NHNN issued by the Governor of the State Bank of Vietnam amending and supplementing certain articles of circulars governing the issuance of licenses, network operations, and foreign exchange activities of credit institutions and branches of foreign banks;

e) Clause 2, Clause 3, Clause 4 of Article 1, Article 3 of Circular No. 15/2019/TT-NHNN issued by the Governor of the State Bank of Vietnam amending and supplementing certain legal documents on administrative procedures and documents in the field of foreign exchange management;

g) Clause 1, Clause 2, Clause 3 of Article 2 of Circular No. 24/2022/TT-NHNN issued by the Governor of the State Bank of Vietnam amending and supplementing certain articles of circulars governing administrative procedures in the field of foreign exchange management.

Article 37. Responsibility for organizing implementation

Heads of relevant units under the State Bank of Vietnam, credit institutions, branches of foreign banks, and related organizations and individuals are responsible for implementing this Circular.”

[7] This provision is amended according to the provisions of Article 5 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions of legal documents governing the management of service provision and foreign currency usage to implement measures for reducing and simplifying administrative procedures, taking effect from December 31, 2025.

[8] This clause is amended according to the provisions of Clause 1 of Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[9] This provision is amended according to the provisions of Clause 2 of Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[10] This provision is repealed according to the provisions of Clause 10 of Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[11] This provision is amended according to the provisions of Clause 3 of Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[12] This clause is added according to the provisions of Clause 1 of Article 1 of Circular No. 15/2019/TT-NHNN amending and supplementing certain legal documents on administrative procedures and documents in the field of foreign exchange management, effective from November 25, 2019.

[13] This provision is added according to the provisions of Article 6 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions of legal documents governing the management of service provision and foreign currency usage to implement measures for reducing and simplifying administrative procedures, taking effect from December 31, 2025.

[14] This provision is repealed according to the provisions of Clause 10 of Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[15] This provision is repealed according to the provisions of Clause 10 of Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[16] This is added pursuant to Clause 5, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[17] This is amended pursuant to Article 7 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[18] This is added pursuant to Article 8 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[19] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[20] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[21] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[22] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[23] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[24] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[25] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[26] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[27] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[28] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[29] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[30] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[31] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[32] This provision is repealed according to the provisions of Clause 10 of Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[33] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[34] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[35] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[36] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[37] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[38] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents concerning the provision of services for receiving and paying foreign currencies, agency foreign exchange exchange activities, and individual foreign exchange exchange activities, which shall take effect from August 13, 2016

[39] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[40] The phrase "credit institution on mandate" is amended to read "credit institution on authorization" pursuant to Clause 8, Article 2 of Decree amending and supplementing certain legal documents on foreign exchange service supply activities, foreign exchange trading agency activities, and individual foreign exchange trading, effective from August 13, 2016.

[41] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[42] The phrase "State Bank Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 1, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[43] The phrase "Department of Foreign Exchange Management" is replaced with the phrase "Foreign Exchange Management Bureau" pursuant to Clause 3, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[44] This annex is replaced pursuant to Clause 4, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

¹ Decision of the Governor of the State Bank of Vietnam on the establishment, functions, tasks, powers, and organizational structure of the State Bank Regional Branch...

[45] This annex is replaced pursuant to Clause 4, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[46] The phrase "State Bank of Vietnam Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 2, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[47] The phrase "State Bank of Vietnam Branch in province/city" is replaced with the phrase "State Bank Regional Branch" pursuant to Clause 2, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[48] The phrase "Department of Foreign Exchange Management" is replaced with the phrase "Foreign Exchange Management Bureau" pursuant to Clause 3, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

[49] This annex is replaced pursuant to Clause 4, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.

² Decision of the Governor of the State Bank of Vietnam on the establishment, functions, tasks, powers, and organizational structure of the State Bank Regional Branch...

[50] This annex is replaced pursuant to Clause 4, Article 9 of Circular No. 75/2025/TT-NHNN amending and supplementing certain provisions in legal documents governing the management of service provision and foreign currency usage activities to implement measures for reducing and simplifying administrative procedures, which shall take effect from December 31, 2025.