Commercial banks, foreign bank branches, joint-venture banks, companies operating in Viet Nam, and foreign lenders may enter into interest rate swap transactions. The Viet Nam Bank for Foreign Trade has pioneered this type of service with an undisclosed foreign bank. The guidelines for implementing interest rate swaps can be found by following the link provided below.

Commercial banks are permitted to engage in foreign exchange forward and swap transactions with terms of between 3 and 365 days. Conditions and procedures for carrying out these transactions can be found by following the link provided below.

The Viet Nam Export Import Commercial Joint Stock Bank offers currency forward and swap transactions for international trading settlements.

The short selling of bonds, while not currently allowed in Viet Nam, is being considered as a part of the securities law. Additional developments will be posted on this site once the information becomes available.