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Investors must use dong
9 March 2007
Foreign investors investing indirectly in Vietnam must use the local currency dong for their investment. According to a Government decree guiding the implementation of the Ordinance on Foreign Exchange, foreign investors must open accounts at authorized credit organizations for their indirect investment. They must exchange foreign currency into dong and all transactions regarding indirect investment must be conducted via the dong accounts.
Source: Saigon Times Weekly
Vietnam Railways
Address: 35 Le Loi Street, Quy Nhon City, Binh Dinh Province, Vietnam
Tel: (84-56) 818886, 818888, 818889, 824015 Fax: (84-56) 818887 Email: ipcbinhdinh@vnn.vn
Person in charge: Mr. Nguyen Thanh Hai, Director, IPC Binh Dinh