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Legal Counselling IN HANOI, VIETNAM

Vietnam: Payment in border trade activities

On January 23, 2018, the Government of Vietnam issued Decree No. 14/2018/ND-CP on border trade activities, which specifies payment in border trade activities.

Specifically, according to Article 4 of Decree No. 14/2018/ND-CP of Vietnam’s Government, border trade activities shall be paid with convertible foreign currencies, VND or currencies of neighboring countries.

Payment methods include:

1. Bank transfer.

2. Cash payment.

3. Netting (the difference shall be paid by bank transfer).

View relevant provisions at: Decree No. 14/2018/ND-CP of Vietnam’s Government takes effect from January 23, 2018.

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  • - The legal regulations in this article are according to Vietnamese Law;
  • - This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
  • - Articles may be compiled from a variety of sources;
  • - Applicable Terms may have expired at the time you are reading;
  • - If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn


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