The Governor of the State Bank of Vietnam (SBV) issued Document No. 7747/NHNN-TTGSNH on October 12 to allow the Mirae Asset Finance Company (Vietnam) Limited to open a representative office in Long An. According ly, the representative office of the Mirae Asset Finance Company (Vietnam) Limited is located at No. 376C, zone 3, Duc Hoa ward, Duc Hoa district, Long An province.
The SBV required the Mirae Asset Finance Company (Vietnam) Limited to be responsible for complying with Decision No. 01/2008/QĐ-NHNN dated January 9, 2008 on opening and termination of branch and representative office of non-bank credit institutions. The Document will cease to be effective in case that the the Mirae Asset Finance Company (Vietnam) Limited does not launch grand opening of its representative office within 6 months following the date of signing.
DH