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Guide to some of the content of the Foreign Exchange Management with regard to the repayment of foreign loans, the businessOn 15/4/2016, the State Bank has issued circular 05/2016/TT-NHNN (circular 5) amendments and supplements to some articles of the circular 03/2016/TT-NHNN dated Jan. 26, 2016 State Bank's Guide to some of the content of the Foreign Exchange Management with regard to the repayment of foreign loans, the business.According to that circular, 11 have modified and supplemented some provisions of the circular 03/2016/TT-NHNN, include: (i) modify, Supplement 4 on a number of principles in the active management of foreign loans in the form of import of goods deferred; (ii) modify, Supplement item 2 article 24 regulations on loan accounts, foreign debt of the borrower's business for foreign direct investment; (iii) amend Article 28 of account changes made on foreign loans; (iv) amend Article 32 on money transfers made to repay foreign loans in the form of import of goods deferred; (v) modify, Supplement item 2 Article 34 on the money transfer payment case concerning foreign loans are not made through loan accounts, foreign debt.
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