With the development of the information technology industry, there is a trend to simplify the process and procedures for making transactions making it becomes easier, faster and more convenient for users. Hence mobile money has become a new trend in transferring money, making payment in many countries. To develop non-cash payments, increase access and use … Read More
Decree No. 60/2015/ND-CP (Decree 60) amending and supplementing a number of articles of Decree No. 58/2012/ND-CP issued by the Government on May 26th, 2015 has lifted foreign ownership limit of the public enterprises (with conditions) and permitted enterprises operating in all sectors and areas without restriction on foreign ownership to self-set out limits of foreign … Read More
In recent years, digital wallet have been a trend in fintech because of the competitive development from the foreign investors to banks in Vietnam or of large technology companies and corporations which are also gradually entering the financial technology market to challenge the conventional banking in Vietnam. In a nutshell, digital wallet, also known as … Read More
Foreign investors must transfer money in and out through the Direct Investment Capital Account (DICA) for investment capital contribution. FDI enterprises, foreign investors participating in business cooperation contracts, foreign investors implementing investment activities in Vietnam in the direct foreign investment forms in accordance with current provisions of law on investment should comply with the provisions of the investment … Read More
ANT Lawyers – To support foreign resources in the process of restructuring the system of credit institutions in Vietnam, the Government has encouraged foreign organizations and individuals to cooperate with the bank of Vietnam to accumulate capital by buying shares or by merging with the weak bank in Vietnam in accordance with the law. Decree … Read More
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