Decision No. 921/2005/QĐ-NHNN on amending Clause a and b of Article 1 of Decision No. 337/1998/QĐ-NHNN dated October 10, 1998 of the Governor of the State Bank of Vietnam regarding carrying foreign currency in cash and Vietnamese dong in cash when entering and exiting the country.

Pursuant to …;

Regarding the amendment of Clause a and b of Article 1 of Decision No. 337/1998/QĐ-NHNN7 dated October 10, 1998, of the Governor of the State Bank of Vietnam on carrying foreign currency in cash and Vietnamese dong in cash when entering and exiting the country

 on October 10, 1998, concerning carrying foreign currency

 in cash and Vietnamese dong in cash when entering and exiting the country

_____________________________

GOVERNOR OF THE STATE BANK OF VIETNAM

Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 dated December 12, 1997; the Law Amending and Supplementing Certain Provisions of the Law on the State Bank of Vietnam No. 10/2003/QH11 dated June 17, 2003;

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

Pursuant to Decree No. 63/1998/NĐ-CP dated August 17, 1998 of the Government on Foreign Exchange Management;

At the proposal of the Head of the Foreign Exchange Management Department,

Pursuant to …;

Article 1.  Amend Clause a and b of Article 1 of Decision No. 337/1998/QĐ-NHNN7 dated October 10, 1998, of the Governor of the State Bank of Vietnam on carrying foreign currency in cash and Vietnamese dong in cash when entering and exiting the country as follows:

“a. 7,000 USD (Seven thousand United States Dollars) or other foreign currencies with equivalent value.

b. 15,000,000 VND (Fifteen million Vietnamese dong).”

Article 2. This Decision shall take effect fifteen days from the date of publication in the Official Gazette.

Article 3. The Director of the Office, Heads of the Department of Foreign Exchange Management, Heads of relevant Departments and Bureaus of the State Bank of Vietnam, Directors of Branches of the State Bank of Vietnam in provinces and cities, General Directors (Directors) of permitted banks shall be responsible for implementing this Decision.