Pursuant to Circular No. 03/2019/TT-NHNN comes into force from May 13, 2019:
– Adding some of entities being foreign investors shall be entitled to deposit, escrow foreign currency for bank transfer when participating in auctions in the following cases:
– In the case of successful auction, the foreign investors are allowed to transfer the investment capital in accordance with laws on foreign exchange management to pay for such payment of shares, capital contribution. In case of unsuccessful auctions, the foreign investors shall be transferred abroad the amount of foreign currency deposited, es-crowed after subtracting the arising expenses (if any).