Vietnam: New Law Guiding the Order of and Procedures for Recovery and Disposal of Finance Leased Assets by Finance Leasing Companies
13 May 2008
Mayer Brown JSM Legal Update
On 10 December 2007, the State Bank of Vietnam, the Ministry of Pubic Security and the Ministry of Justice issued Joint-Circular No. 08/2007/TTLT-NHNN-BCA-BTP relating to the recovery and disposal of finance leased assets by finance leasing companies ("Circular08").