The Circular is structured into 22 Articles, including the following main contents:
- Articles 1 and 2 stipulate the scope of governance and the subjects of application.
- Articles 3 and 4 stipulate the currency used for outbound investment in oil and gas activities and the principle for opening and using pre-investment foreign currency accounts.
- Article 5 stipulates the debit and credit transactions on the pre-investment foreign currency accounts.
- Articles 6, 7, and 8 stipulate the principles for opening and using capital investment accounts; the debit and credit transactions on foreign currency and Vietnamese Dong capital investment accounts.
- Article 9 stipulates the transfer of money abroad to fulfill financial obligations after the conclusion of the outbound investment in oil and gas activities.
- Articles 10 and 11 stipulate the registration, change registration of foreign exchange transactions and the confirmation of registration, change registration of foreign exchange transactions.
- Article 12 stipulates the termination of validity of the document confirming the registration or change registration of foreign exchange transactions.
- Article 13 stipulates the notification requirement when changing foreign exchange transactions.
- Articles 14, 15, and 16 stipulate the responsibilities of investors, authorized banks, and the State Bank of Vietnam – Provincial/City Branches.
- Articles 17, 18, 19, and 20 stipulate the reporting regime for authorized banks, investors, and the State Bank of Vietnam – Provincial/City Branches, and requirements for ad-hoc reporting.
- Articles 21 and 22 stipulate the enforcement effective date and the responsibilities for organization and implementation.
The Circular shall take effect from December 15, 2025.
THE STATE BANK OF VIETNAM