Cases Where FDI Companies Can Purchase Foreign Currency for Remittances to Foreign Investors

In accordance with Clause 1, Article 7 of Decree No. 70/2014/ND-CP, a resident is defined as an organization authorized to conduct one-way remittances abroad for the purpose of funding, aid, or other purposes as stipulated by the State Bank of Vietnam. Consequently, the activities of purchasing, transferring, and carrying foreign currency abroad by resident organizations […]

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