Will banks and customers abroad ask more questions about a Vietnam company?
Last updated: Nov 04, 2026, 06:56 (UTC+08:00)
Some will. Vietnam was on the FATF list of jurisdictions under increased monitoring at the FATF update of June 2026, and it was added to the EU list of non-cooperative jurisdictions for tax purposes in the Council's update of 17 February 2026. Banks abroad may apply enhanced checks, and EU customers may ask about payments to a Vietnam company, so prepare clear source-of-funds and contract documents.
Source: Jurisdictions under increased monitoring, 19 June 2026, Financial Action Task Force (FATF); EU list of non-cooperative jurisdictions for tax purposes, Council conclusions of 17 February 2026, Council of the European Union