Resumen de Vietnam: Offshore issuances.
The article reports regulatory developments in the financial sector in Vietnam as of mid-September 2016, particularly the issuance by the State Bank of Vietnam of Circular 40 to regulate the opening and use of capital accounts denominated in Vietnamese Dong (VND) for the offshore securities market. Also cited are the need for offshore issuers to open a securities issuance capital account (SICA) in VND, and the authorized SICA deals like dividend remittances.
