The State Bank of Vietnam (SBV) has approved a 2025 plan to reduce and simplify administrative procedures affecting production and business activities within its regulatory remit, covering a total of 76 procedures. The package spans 69 procedures in foreign exchange, one in payments, three in monetary operations, and three in banking information technology. Relevant SBV departments and bureaus are tasked with preparing the legal normative documents needed to implement the approved simplification measures within their respective mandates.
State Bank of Vietnam 2025-07-07
State Bank of Vietnam approves plan to cut and simplify 76 administrative procedures for business activities in 2025
The State Bank of Vietnam has approved a 2025 plan to streamline 76 administrative procedures impacting production and business activities. The plan includes 69 procedures in foreign exchange, one in payments, three in monetary operations, and three in banking information technology. SBV departments are responsible for drafting the necessary legal documents to implement these measures.