A Guide to Foreign Exchange Management in Vietnam

This document provides an in-depth overview of Vietnam’s foreign exchange management framework, regulated by the State Bank of Vietnam. It covers key policies such as Vietnam’s managed floating exchange rate system, foreign exchange transaction rules, and capital control measures. The guide details regulations on cross-border payments, account management for residents and non-residents, and requirements for foreign direct investments. Additionally, it outlines investment restrictions in capital markets, real estate, and derivatives trading. The document also highlights compliance obligations, tax considerations, and regulatory measures for financial institutions.