Regulatory Alerts2026-08-28
Added
Circular No. 44/2026/TT-NHNN amending and supplementing some articles of Circular No. 40/2025/TT-NHNN dated October 31, 2025 of the State Bank of Vietnam Governor guiding foreign exchange management for overseas investment in oil and gas activities
This Circular amends Circular 40/2025/TT-NHNN to establish foreign exchange management procedures for overseas investment in oil and gas by state-owned groups and corporations that do not require an Overseas Investment Registration Certificate. It mandates these investors to open investment capital accounts in foreign currency at permitted banks and register foreign exchange transactions with the State Bank's Regional Branch within 30 working days of dossier submission. The document specifies required dossiers for registration and changes, including tax completion confirmations and legal status documents, and sets an effective date of August 27, 2026.
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