As stipulated in Article 8 of the Ordinance on Foreign Exchange

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"Tuition fees are transferred mergers and acquisitions or brought abroad based on cost notified of the cost of training facilities abroad. If not, the people of Vietnam are moving, bringing more per year shall not exceed $ 5,000 / person ".
As stipulated in Article 8 of the Ordinance on Foreign Exchange "Residents may purchase, carry foreign currency abroad to serve the legal needs". Article 8 of Decree No. 160/2006 / ND-CP of the Government dated 28/12/2006 detailing the implementation of the Ordinance on Foreign Exchange Vietnam citizens are allowed to purchase, carry foreign currency abroad through credit institutions licensed to conduct mergers and acquisitions foreign exchange operations to cater for learning purposes.
Credit institutions shall be allowed to review documents and papers by residents and non-residents to sell produce, transfer, confirmation of own resources or purchased foreign currency from credit institutions are allowed to brought abroad based on actual requirements, a reasonable amount of each transfer.
Currently, individuals entering and exiting the gate Vietnam was allowed to bring only the amount of foreign currency (including mergers and acquisitions paper money, coins, traveler's checks) at $ 7,000; case exceed the levels specified mergers and acquisitions above must be declared at the border customs mergers and acquisitions and licensing of banks authorized to conduct foreign exchange mergers and acquisitions operations (referred to as the Bank).
Bank's license certificate to carry foreign currency exceeding the prescribed number of individuals abroad. Under previous regulations, only Branch Manager State Bank of provinces and cities under central authority to grant permission for this case. However, the current licensing jurisdiction has been bringing foreign currency extended to the commercial banks are allowed to conduct foreign exchange operations, specifically with the guidance in Section 5 Document No. 497 / SB-QLNH day 25/01 / 2006 of the State Bank of Vietnam is: "For the case of Vietnam citizens wishing to bring foreign currency for the purposes of ... the excess amount must be declared mergers and acquisitions to the customs gate, a licensed bank confirmation carrying out foreign exchange on the basis of the written request clearly needs the money, intended use as a basis for export to the customs gate upon exit ".
Licensing procedures at the bank still are made on the basis of the provisions mergers and acquisitions of Article 5 of Decision No. 1437/2001 / QD-SB dated 11.19.2001. Accordingly, persons wishing to carry foreign currency exceeding the number of exit is not declared ($ 7,000) needed to bank procedures permit applicants to certify the carrying amount of cash exceeding specified payments abroad for learning. Procedures mergers and acquisitions for licenses to bring in foreign currencies are divided into several following cases:
- Notice of the cost of school or training facility (hereinafter referred mergers and acquisitions to as institutions) sent abroad for schooling. Where notice is not sent directly to the school, mergers and acquisitions the people of Vietnam must submit a letter of acceptance of foreign mergers and acquisitions educational institutions or proof that studying abroad;
The tuition rate is transferred, bring abroad based on cost notified of the cost of training facilities abroad. Where institutions do not notice on accommodation, living expenses and other costs in addition to tuition fees was informed citizens Vietnam is transferred, bring more per year shall not exceed $ 5,000 / person.
a. Business documents for the transfer of foreign currency. The text should include the following: List the school; Foreign currency amount to be transferred for each trainee; Foreign currency transfer to each trainee.
b. Notices of foreign educational institutions on the cost of each trainee. Where the notice does not specify the cost of each trainee, businesses must submit a letter of acceptance of foreign educational institutions or proof that studying abroad;
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