16:30 20/05/2022

Conditions on foreign loans to enterprises being tightenened

A draft Circular on conditions for foreign loans to enterprises not guaranteed by the government, which the State Bank of Vietnam (SBV) consulted on, will introduce regulations to prevent such loans pouring into securities and real estate. Enterprises will also not be permitted to borrow foreign capital for repaying short-term debts.

Photo: Illustration
Photo: Illustration