Hanoi, Aug. 11 -- The central bank issued Circular No. 39/2026/TT-NHNN to supplement regulations on the use of foreign currency and Vietnamese Dong accounts opened by non-resident foreign credit institutions at authorized banks in Viet Nam, thereby completing the legal framework for correspondent account activities between domestic and foreign credit institutions.
The policy is consistent with international practices and meets the practical requirements of cross-border payment activities amid increasingly deep international integration.
It is expected to facilitate the provision of international payment and money transfer services.
In addition to international payments and money transfers, foreign credit institutions may also conduct col...