{"id":3432,"date":"2023-11-27T09:10:26","date_gmt":"2023-11-27T09:10:26","guid":{"rendered":"https:\/\/dclegal.vn\/?p=3432"},"modified":"2023-12-09T08:42:19","modified_gmt":"2023-12-09T08:42:19","slug":"mot-so-diem-moi-ve-dieu-kien-vay-nuoc-ngoai-khong-duoc-chinh-phu-bao-lanh-2","status":"publish","type":"post","link":"https:\/\/dclegal.vn\/en\/mot-so-diem-moi-ve-dieu-kien-vay-nuoc-ngoai-khong-duoc-chinh-phu-bao-lanh-2\/","title":{"rendered":"New points on conditions for foreign loans not guaranteed by the Government"},"content":{"rendered":"

On 30\/06\/2023, the State Bank of Vietnam issued Circular 08\/2023\/TT-NHNN on conditions for foreign loans not guaranteed by the Government. Upon taking effect from 15\/08\/2023 (except for the provisions on short-term foreign loan limits, which take effect from 01\/01\/2024), Circular 08 will replace Circular 12\/2014\/TT-NHNN guiding foreign exchange management for foreign borrowing and debt repayment by enterprises. Circular 08\/2023\/TT-NHNN contains a number of notable provisions as follows:<\/p>\n

(i) Supplementing the principles for the use of foreign loans and provisions on foreign loans in the form of deferred-payment imports of goods;
\n(ii) Supplementing the definition of a foreign debt restructuring plan and the basic contents that a foreign debt restructuring plan must contain;
\n(iii) Specific provisions on the purposes of foreign borrowing;
\n(iv) Regulations on foreign borrowing limits applicable to medium- and long-term foreign loans.<\/p>\n<\/div><\/div><\/div>

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