meta_id 3411857

On August 5, 2026, the State Bank of Vietnam (SBV) issued Circular 39/2026/TT-NHNN, which amends and supplements provisions of Circular 16/2014/TT-NHNN. The amended circular provides guidance on the use of foreign currency accounts and Vietnamese dong accounts held by residents and non-residents at authorised banks. Circular 16/2014/TT-NHNN established the original framework governing foreign currency and Vietnamese dong account management for both resident and non-resident account holders at licensed banking institutions. The amendments introduced through Circular 39/2026/TT-NHNN modify specific provisions within this framework to reflect current regulatory requirements and banking practices. The circular was signed by Phạm Thanh Hà and published in Official Gazette 473. The amendments apply to all authorised credit institutions offering foreign currency and Vietnamese dong accounts to customers. These changes affect both individual and institutional account holders, including residents and non-residents conducting transactions through Vietnamese banks. The circular establishes updated procedures and requirements for account management, transaction processing, and compliance obligations related to these account types. The circular becomes effective on September 19, 2026. Banks and financial institutions must ensure compliance with the amended provisions by this date. Account holders should review the updated guidance to understand any changes affecting their account operations and transaction procedures. The full text of Circular 39/2026/TT-NHNN is available on the Vietnamese Government Portal (congbao.chinhphu.vn).