Tiếng Việt
Are banks and credit institutions the same concept? In the following article, ASL LAW will introduce some basic differences in the definition between a bank and a credit institution in Vietnam. Definition Clauses 1 and 2, Article 4 of the Law on Credit Institutions 2017 No. 17/2017/QH14 amending and supplementing a number of articles of…
21
Mar
Mar
The Draft Decree amending and supplementing Decree No. 65 contains proposed provisions on the payment of bond principal and interest by enterprises with other assets (Supplement point d, clause 3 of Decree No. 65). This proposal has been approved, detailed in Decree No. 08/2023/ND-CP amending and supplementing Clause 3, Article 34 of Decree No. 153/2020/ND-CP….
02
Mar
Mar
In Vietnam, auditing activities are regulated under the Law on Auditing 2015. Basically, people usually understand audit activities as follows: Accountants are in charge of financial records for businesses, while audits are responsible for checking that the accounting reports posted are accurate, transparent, and not fraudulent. This interpretation is relatively correct but not specific. In…
21
Sep
Sep
The State Bank of Vietnam (SBV) has issued Circular 10/2022/TT-NHNN guiding the management of foreign exchange for the issuance of bonds to the international market by enterprises that are not guaranteed by the Government. This Circular stipulates the procedures for registration and registration for changes in the issuance of bonds to the international market of…
11
Jun
Jun
The credit rating of bonds in Vietnam is a very important aspect that businesses, as well as investors, need to take extra care of. However, in Vietnam, the credit rating of bonds doesn’t receive as much attention as in other countries, which significantly impacts the market. So, what are the causes, and solutions of this…
19
May
May
What are bonds? bond is a type of debt security that requires the issuer to pay the bondholder a specified amount of interest, usually over a specified period of time, accompanied by having to repay the initial loan amount (called the bond’s par value) at maturity. Bond issuer The nature of the issuer is an…
16
Apr
Apr
“With the development of Fintech companies, the State Bank and a number of related organizations, like many regulatory agencies around the world, are facing new issues in State management” That is the central point of the State Bank of Vietnam’s (SBV) evaluation of the presence and growth of financial technology (Fintech) operations in Vietnam in…
14
Jan
Jan
(Vietnam) In the Vietnamese version, Circular 16/2021/TT-NHNN requiring the purchase of corporate bonds is likened to a “red line,” acting as a valve to prevent credit money from flowing into hot areas, generating macro instability. The State Bank of Vietnam has released Circular 16 (November 2021), which regulates the purchase and selling of corporate bonds…
11
Dec
Dec
Bad debt is no longer a strange concept to the citizens of Vietnam. Nearly every citizen in Vietnam must have heard this term at some point in their life, especially individuals and organizations that need or have borrowed money from a bank or a credit institution. So, what is the note about bad debt in…
12
Dec
Dec
Credit institutions and real estate enterprises are the largest issuers in the market, accounting for 34% and 27.7% of the total issuance volume, respectively, while the rest are commercial, service, manufacturing and Securities Company. However, the corporate bond market still has some potential risks, which need to be closely monitored for the market to develop…
