Can FDI enterprises in Vietnam lend abroad?

by HaTrang

In the course of business operations, many foreign-invested enterprises borrow capital from their owners in the form of unsecured foreign loans. This is a convenient capital mobilization channel for FDI enterprises. So can FDI enterprises in Vietnam lend abroad? Is this procedure limited for FDI enterprises? Let’s find out this question with LSX Lawfirm in the following article.

Legal grounds


Regulations on foreign lending activities of economic organizations

Article 19.2 VBHN 07/VBHN-VPQH Consolidated The Ordinance on Foreign Exchange stipulates that economic organizations may lend abroad , except for the export of goods and services with deferred payment; guarantee for non-residents when permitted by the Prime Minister .

Procedures for registration of offshore loans

According to Article 8 of VBHN 02/VBHN-NHNN, the Circular guides a number of contents on foreign exchange management for offshore lending and debt recovery of guarantee for non-residents. Register for an offshore loan as follows:

  • Firstly, sign a loan agreement, carry out loan disbursement procedures;
  • Secondly, submit application for loan application abroad Within thirty (30) days from the date of signing the loan agreement and before disbursing the loan, the lender sends the application file directly or by post to the State Bank (Department of Foreign Exchange Management). );
  • Lastly, the State Bank confirms the registration of external loans

Within thirty (30) days from the date of receipt of a complete and valid application, the State Bank shall send the lender a written confirmation of registration of an offshore loan, including the following main contents: Lenders; the borrower; basic conditions of an offshore loan such as loan turnover, loan purpose, loan interest rate, penalty interest, fee, form of security, disbursement plan, recovery plan debt (principal, interest); credit institutions providing account services and other contents related to offshore loans (if any).

Contact LSX Law firm

Finally, hope this article “Can FDI enterprises in Vietnam lend abroad?” is useful for you.

If you have any questions please contact Lawyer X for quick and best legal services: +84846175333 or email:

Related Question

Interest rates for short-term loans at banks in Vietnam?

The maximum short-term lending interest rate in Vietnam dong as prescribed in Clause 2; Article 13 of Circular No. 39/2016/TT-NHNN dated December 30; 2016 is; as follows:
Firstly; credit institutions; foreign bank branches (except People’s Credit Funds and Microfinance Institutions) shall apply the maximum short-term lending interest rate in VND of 5.5%/year.
Secondly; people’s credit funds and microfinance institutions shall apply the maximum short-term lending interest rate in VND of 6.5%/year.
Thus; depending on each lending institution; the maximum short-term lending interest rate in VND is 5.5%/year or 6.5%/year.

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