WHAT'S NEW

Forex loans extended

by VTV415 November 2016 Last updated at 13:26 PM

VTV.vn - Short-term forex loans for domestic payment in which borrowers have to resell the loan to credit institutions will be extended to December 31st, 2017. Other forex loans will remain unchanged.

The change was outlined in draft amendments and supplements to some articles in Circular 24 issued on September 8th, 2015, with a view to satisfying the demand for short term loans for cross-border trading activities. When compared with Circular 24 short term loans for foreign currency will be extended for one more year.

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