Circular No. 12/2022/TT-NHNN from the State Bank of Vietnam (SBV) on foreign exchange management in foreign borrowing and repayments by enterprises will take effect from November 15. Enterprises must publish monthly online reports on their website on foreign loans and repayments that are not guaranteed by the government.
Nine ministries and branches have sent documents to the Ministry of Finance requesting they return VND8.05 trillion ($354.4 million) in capital from foreign loans, or 44.08 per cent of the plan assigned by the Prime Minister, as they will be unable to disburse all of the capital allocated to them by the end of this year.
