Vietnam's financial sector has witnessed significant regulatory developments with the introduction of Decree 162/2024/ND-CP, which establishes guidelines for licensing people's credit funds and regulating foreign investment in this sector. This guide provides an in-depth analysis of the decree's key provisions and implications.
As of July 1, agencies, organizations and individuals will be free to transfer data from abroad to Vietnam, process foreign data in Vietnam, and have their lawful rights and interests protected by the State, according to the 2024 Data Law.
Vietnam's financial sector has witnessed significant regulatory developments with the introduction of Decree 162/2024/ND-CP, which establishes guidelines for licensing people's credit funds and regulating foreign investment in this sector. This guide provides an in-depth analysis of the decree's key provisions and implications.
Vietnamese
