From December 24th 2012, credit institutions and branches of foreign banks continue to reduce interest rates on deposits in Vietnam dong of organizations and individuals, in particular:
Maximum interest rates applicable to deposits with term of 1 month to 12 months is reduced to 8% (formerly 9%).
Particularly people’s credit funds and micro-finance organizations, the interest rate is 8.5% / year, decrease by 1% compared to the past.
With term, non-term interest rate with maturity of less than one month remains at 2% / year.
This has been regulated in Circular 32/2012/TT-NHNN, applicable from December 24th 2012, replacing Circular 30/2011/TT-NHNN.
Trade remedies are one of the legal and commercial risks foreign exporters should consider when…
A company doing business in Vietnam that uses transport and logistics services needs to know…
Companies that collect, store, or share data in Vietnam should check how they handle it…
For an overseas business selling goods to Vietnam, international trade law in Vietnam affects whether…
Vietnam introduced new education investment and operating conditions on September 17, 2026. The rules under…
An overdue payment calls for a business decision about how to recover the money. From…
This website uses cookies.