5:34:01 PM | 11/4/2010
The State Bank of Vietnam (SBV) issued Document No.2557/NHNN-TTGSNH on April 6 to assert that the Vietnam Chemical Finance Joint- Stock Company (VCFC) has registered to provide foreign exchange services to its customers.
Accordingly, the VCFC is permitted to conduct foreign exchange services in the domestic market as follows: Spots, forwards, options, and other types of FX transactions in line with international practices; accepting deposits of one-year and above term from institutions and individuals; issuing bonds and negotiable papers; borrowing from foreign and domestic credit institutions; providing short, medium and long term loans, discount, rediscount and mortgaging of valuable papers, credit guarantee; providing trust and asset management services; acceptance and payment; authorizing other credit institutions and/or economic entities to act as agents; provision of consultancy to customers.
The VCFC is required to strictly comply with the SBV regulations and other relevant legal documents on forex services.
SBV
April 24–25, 2026
Kinh Bac Cultural Center, Bac Ninh Province
Vietnamese
