Decision No. 415/1998/QD-NH5 dated December 28, 1998 of the State Bank on amendment of the scope of operations of joint-venture bank in Vietnam

Summary
Content
Status
Vietnamese
Related documents
Diagram
Download

Error message

Font size:

ATTRIBUTE

Issuing body:	State Bank of Vietnam	Effective date:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Official number:	415/1998/QD-NH5	Signer:	Tran Minh Tuan
Type:	Decision	Expiry date:	Updating
Issuing date:	28/12/1998	Effect status:	Known Please log in to a subscriber account to use this function. Don’t have an account? Register here
Fields:	Finance - Banking

For more details, click here.

Download files here.

LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency

Effect status:

STATE BANK OF VIETNAM ---------	SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness -------------------
No. 415/1998/QD-NH5	Hanoi, 8 December, 1998

DECISION

ON AMENDMENT OF THE SCOPE OF OPERATIONS OF JOINT-VENTURE BANK IN VIETNAM

THE GOVERNOR OF THE STATE BANK OF VIETNAM

- Pursuant to the Law on the Credit Institutions No. 02-1997/QH10 promulgated under the Order No. 01/L-CTN dated 26 December, 1998 of the President of the Socialist Republic of Vietnam.

- Pursuant to the Law on the State Bank of Vietnam No. 01-1997/QH10 promulgated under the Order No. 01/L-CTN dated 26 December, 1998 of the President of the Socialist Republic of Vietnam.

- In according with Decree No. 189/HDBT dated 15 June, 1991 of the Council of Ministers on promulgation of the regulation on foreign bank branches and joint-venture banks operating in Vietnam.

- Upon the proposal of the Director of Banks and Non-banking Credit Institutions Department.

DECIDES

Article 1.

The joint-venture bank operating in Vietnam shall be permitted to receive demand deposits in Vietnamese Dong from individuals who are Vietnamese and legal entities who are Vietnamese organizations which do not borrow funds from such bank, maximizing 100% of the chartered capital of joint-venture bank, and to receive time deposits in Vietnamese Dong from these customers, maximizing 50% of the chartered capital of joint-venture bank.

Article 2.

This Decision shall be effective after 15 days from the date of signing. The previous regulations which are contrary to regulations provided in Article 1 of this Decision shall be repealed.

Article 3.

The Director of Administrative Department, Director of Banks and Non-banking Credit Institutions Department, Heads of relevant units of the State Bank of Vietnam and General Director of the joint-venture banks shall be responsible for the implementation of this Decision.

FOR THE GOVERNOR OF THE STATE BANK OF VIETNAM
DEPUTY GOVERNOR

Tran Minh Tuan

This feature is available to English or Advanced account holders. Please log in to a subscriber account to see the full text. Don’t have an account? Register here

Please log in to a subscriber account to see the full text. Don’t have an account? Register here

Processing, please wait...

You are not logged in.

This feature is available to Advanced account holders. Please log in to access detailed information on Related documents.

If you do not have an account, please register here!

Processing, please wait...

LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency

VIETNAMESE DOCUMENTS

ENGLISH DOCUMENTS

Others

* Note: To view documents downloaded from LuatVietnam.vn, please install DOC, DOCX and PDF file readers

For further support, please call 19006192

Decision No. 415/1998/QD-NH5 dated December 28, 1998 of the State Bank on amendment of the scope of operations of joint-venture bank in Vietnam

ATTRIBUTE

VIETNAMESE DOCUMENTS

ENGLISH DOCUMENTS

SAME CATEGORY

Circular No. 29/2026/TT-NHNN dated June 30, 2026 of the State Bank of Vietnam amending and supplementing a number of articles of Circular No. 39/2016/TT-NHNN prescribing the provision of loans by credit institutions and foreign bank branches to clients

Circular No. 27/2026/TT-NHNN dated June 26, 2026 of the State Bank of Vietnam amending and supplementing a number of articles of Circular No. 51/2024/TT-NHNN providing independent audit of commercial banks, non-bank credit institutions, microfinance institutions and foreign bank branches

Circular No. 178/1998/TT-BTC dated December 26, 1998 of the Prime Minister guiding the accouting of value - added tax applicable to the vietnam electricity corporation

Circular No. 157/1998/TT-BTC dated December 12, 1998 of the Ministry of Finance guiding the implementation of the value added tax (VAT) on credit and banking activities

Decision No. 225/1998/QD-TTg dated November 20, 1998 of the Prime Minister promulgating the regulation on financial publicity by different state budget levels, budget drafting units, state enterprises and funds with revenue sources from people’s contributions