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…
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…
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…
“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…