According to recent reports, Vietnam's Ministry of Finance (MoF) is planning to submit legislation to the National Assembly's Standing Committee to implement new thin capitalization rules. Currently no statutory thin capitalization rules exist, although debt limits apply for certain licensing requirements.
The MoF's plans include an initial 5:1 debt-to-equity ratio for companies in the production sector and a 4:1 ratio for all other sectors. These ratios would then be set at 4:1 and 3:1 respectively from 2019.
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