Vietnam: Guidance regarding medical devices and foreign exchange rules
Guidance concerning the regulation of medical devices and proposed foreign exchange rules with regard to foreign loans
Guidance regarding medical devices and foreign exchange rules
Guidance in Vietnam concerns the regulation of medical devices and proposed foreign exchange rules with regard to foreign loans.
- New regulations concerning medical devices are included in Decree No. 98/2021/ND-CP. The new measures have an effective date of 1 January 2022 and implement certain rules such as applicable standards and certification rules. The new decree replaces one from 2016.
- The guidelines for foreign exchange management in respect of foreign loan borrowing and repayment of the enterprises are provided in a draft circular from the State Bank of Vietnam. The draft circular (if finalized) would clarify and supplement existing regulations on foreign loan borrowing and repayment to provide consistency with regard to items such as foreign exchange management of foreign direct investment activities in Vietnam.
Read a November 2021 report [PDF 112 KB] prepared by the KPMG member firm in Vietnam
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