HCMC – Transactions whose value tops VND400 million will have to be reported to the State Bank of Vietnam from December 1, according to a new government decision.
Deputy Prime Minister Le Minh Khai has signed Decision 11/2023, which increases the value of transactions prescribed in Decision 20/2013 by VND100 million to VND400 million.
The regulation is applied to financial organizations and organizations and individuals who organize prize-awarding games and trade properties and precious metals and gems.
