Which types of information shall be provided to the State Bank of Vietnam from April 21, 2014?

The Government of Vietnam limits types of information to be provided to the State Bank of Vietnam, which are listed in Decree No. 16/2014/ND-CP as follows:

- Types of information provided by ministries include:

+ Socio-economic development undertakings, policies, plans and strategies of Vietnam in different periods related to import and export of goods, services, labor, attraction of foreign investment, offshore investment; short-, medium- and long-term foreign loan borrowing and repayment, and the implementation of such undertakings, policies, plans and strategies;

+ Information required in report forms provided in Appendices II, III and IV to this Decree;

+ Other information at the request of the State Bank to serve the formulation, analysis and forecasting of the balance of payments.

- Information provided by other individuals and organizations at the request of the State Bank and as prescribed in regular or irregular statistical surveys to serve the formulation, analysis and forecasting of the balance of payments.

Besides, Decree No. 16/2014/ND-CP of Vietnam’s Government also stipulates methods of provision of information to the State Bank, including:

- Organizations and individuals may provide information outside the list of protected state secrets by the following methods:

+ In written or facsimile documents bearing signatures and certification of competent persons and authorities;

+ By other methods prescribed by the State Bank on a case-by-case basis.

- Organizations and individuals shall provide information on the list of protected state secrets to the State Bank in accordance with the law on protection of state secrets.

View full text at Decree No. 16/2014/ND-CP of Vietnam’s Government, effective from April 21, 2014.

Thu Ba

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