Knowledge Center

  Introduction Vietnam’s education sector is undergoing significant transformation, driven by a national push to modernize and improve learning outcomes at all levels. A key focus is on expanding access to high-quality preschool and K-12 education, ensuring children benefit from inclusive and future-ready learning environments from an early age. This momentum stems from Politburo Resolution No. 29-NQ/TW (2013), which called for comprehensive reform in education to meet the demands of industrialization, modernization, and global integration. […]

The State Bank of Vietnam’s (“SBV”) issuance of Circular No. 06/2019/TT-NHNN (“Circular 06”) on 26 June 2019, to take effect on the 6th of September 2019, ushers significant changes in the current regulatory framework governing foreign exchange in direct investment activities in Vietnam. Despite Vietnam’s continued efforts at improving the investment environment and streamlining the regulatory framework on foreign exchange over the past years, the implementation of Circular 19/2014/TT-NHNN dated 11 August 2014 (“Circular 19”) – the predecessor of Circular 06 – has presented certain challenges and difficulties to implementing entities and stakeholders alike, and it is precisely to address these challenges that Circular 06 was issued.