The State Bank of Vietnam (SBV) – Ho Chi Minh city branch has issued Document No. 703/GP-HCM permitting the Export–Import Bank of Thailand to establish a representative office in Ho Chi Minh City (HCMC).
Accordingly, the operational duration of the newly established representative office of the Export-Import Bank of Thailand is five (5) years. This representative office is permitted to conduct the following operations: functioning as a liaison office; conducting market researches; promoting investment projects by the Export-Import Bank of Thailand; promoting and monitoring the implementation of contracts and agreements signed between the Export-Import Bank of Thailand and Vietnamese credit institutions and/or enterprises in Vietnam, and projects financed by the Export-Import Bank of Thailand implemented in Vietnam; other operations in conformity with Vietnamese laws.
During its operations, the Ho Chi Minh city Representative Office of the Export-Import Bank of Thailand is required to comply with the applicable laws of Vietnam.
The License took effect from the date of its signing.
Le Hang