MONTHLY LEGAL UPDATE – 08/2020: LEGAL UPDATE RELATING TO FINANCE AND CREDIT
1. LEGAL DOCUMENTS ARE ISSUED IN 07/2020
1.1. Official Letter No. 4923/TCHQ-TXNK regarding the selection of a commercial bank to be VAT refund agents for foreigners
v Name of legal document: Official Letter No. 4923/TCHQ-TXNK issued on 24/07/2020 by the General Department of Customs of the Ministry of Finance on regarding the selection of a commercial bank to be VAT refund agents for foreigners (referred to as the “Official Letter No. 4923/TCHQ-TXNK”).
v Effective date: 24/07/2020.
Some contents should be noted:
· Firstly, “General Department of Customs informs banks to know and request banks
research to register as VAT refund agent for foreigners at Da Nang
International Airport” and “Registration
documents please send to the General Department of Customs before August 15,
2020”.
· Secondly, issuing an Appendix on the
list of banks cooperating to collect, specifically:
“APPENDIX
LIST OF BANKS COOPERATING TO COLLECT
(Issued together with Official Letter No. 4923/TCHQ-TXNK dated July 24, 2020 of
the General Department of Customs)
|
No. |
Name of commercial bank |
|
1 |
Joint Stock Commercial Bank For
Investment And Development Of Vietnam (BIDV) |
|
2 |
Military Commercial Joint Stock Bank
(MbBank) |
|
3 |
Bank for Foreign Trade of Vietnam
(Vietcombank) |
|
4 |
Vietnam International Commercial Joint
Stock Bank (VIB) |
|
5 |
Vietnam Technological And Commercial
Joint Stock Bank (Techcombank) |
|
6 |
Vietnam Bank For Agriculture and Rural
Development |
|
7 |
VIETNAM MARITIME COMMERCIAL JOINT STOCK
BANK (Maritimebank) |
|
8 |
Vietnam Prosperity Bank (Vpbank) |
|
9 |
HoChiMinh City Development Joint Stock
Commercial Bank (HDBank) |
|
10 |
Orient Commercial Joint Stock Bank (OCB) |
|
11 |
Australia and New Zealand Banking |
|
12 |
An Binh Commercial Joint Stock Bank (ABbank) |
|
13 |
LIEN VIET POST JOINT STOCK COMMERCIAL
BANK (LienVietPostBank) |
|
14 |
PETROLIMEX GROUP COMMERCIAL JOINT STOCK
BANK (PGbank) |
|
15 |
Ngân hàng The Bank of Tokyo - Mitsubishi
UFJ, Ltd (BTMU) |
|
16 |
DongA Bank |
|
17 |
Saigon Commercial Bank (SCB) |
|
18 |
Saigon Thuong Tin Commercial Joint Stock
Bank (Sacombank) |
|
19 |
Tien Phong Commercial Joint Stock Bank
(TPBank) |
|
20 |
Saigon – Hanoi Commercial Joint Stock
Bank (SHB) |
|
21 |
Nam A Commercial Joint Stock Bank |
|
22 |
Southeast Asia Commercial Joint Stock
Bank (SeABank) |
|
23 |
VIET CAPITAL JOINT STOCK BANK
(VCCB) |
|
24 |
MIZUHO BANK, LTD. |
|
25 |
Sumitomo Mitsui Banking Corporation
(SMBC) |
|
26 |
INDOVINA BANK LIMITED |
|
27 |
SHINHAN BANK VIETNAM LIMITED |
|
28 |
VietNam-Asia Commercial Joint Stock Bank |
|
29 |
CITIBANK N.A. |
|
30 |
Kien Long Commercial Joint Stock Bank KienLongBank) |
|
31 |
HSBC Bank (Vietnam) Ltd |
|
32 |
BANGKOK BANK PUBLIC COMPANY LIMITED |
|
33 |
WOORI BANK VIETNAM LIMITED (Woori Bank) |
|
34 |
VIETNAM THUONG TIN COMMERCIAL JOINT
STOCK BANK |
”
