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foreign ownership

Keeping foreign ownership limit unchanged for Vietnamese airlines

Keeping foreign ownership limit unchanged for Vietnamese airlines

Any proposal to increase the foreign ownership limit from 34 per cent to 49 per cent would need to be carefully considered
SBV asks to issue revised decree on foreign ownership cap at VN banks

SBV asks to issue revised decree on foreign ownership cap at VN banks

The State Bank of Viet Nam (SBV) has asked the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.
Appropriate foreign ownership limit at banks expected to attract investment

Appropriate foreign ownership limit at banks expected to attract investment

An amendment proposal which attracted attention was that banks which received the forced transfer of weak credit institutions could extend the foreign ownership limit from 30 per cent to 49 per cent.
Banks admitting weak ones proposed to get higher foreign ownership restrictions

Banks admitting weak ones proposed to get higher foreign ownership restrictions

The proposal was under SBV’s draft decree on amending and supplementing a number of articles of Decree No. 01/2014/NĐ-CP dated January 3, 2014 of the Government on foreign investors buying shares from Vietnamese credit institutions.
SHB can extend foreign ownership rate to 30 per cent

SHB can extend foreign ownership rate to 30 per cent

The Viet Nam Securities Depository (VSD) just announced the adjustment of room for foreign ownership rate of Sahabank (SHB) to a maximum of 30 per cent.
Foreign ownership regulation hinders banks from finding strategic shareholders

Foreign ownership regulation hinders banks from finding strategic shareholders

Many banks expect the participation of foreign strategic shareholders will help them increase capital and improve governance capacity and competitiveness, but the current regulations on foreign ownership ratio are making it difficult, according to experts.
SHB allowed to temporarily lock foreign ownership ratio at 10%

SHB allowed to temporarily lock foreign ownership ratio at 10%

Saigon-Hanoi Commercial Joint Stock Bank (SHB) on Thursday announced it had received approval from the State Securities Commission of Viet Nam (SSC) to temporarily lock the foreign ownership ratio at 10 per cent to implement the plan of offering and issuing...
Careful consideration must be given to extending foreign ownership at petrol and oil business to 35%: Deputy PM

Careful consideration must be given to extending foreign ownership at petrol and oil business to 35%: Deputy PM

Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to give careful consideration to the proposal of extending the amount of foreign ownership at petrol and oil business to 35 per cent.
Banks raise foreign ownership ratio to improve financial strength

Banks raise foreign ownership ratio to improve financial strength

Many banks have recently increased their foreign ownership ratios with an aim to attract investment and improve financial strength.
Banks, agrico firms lift market up

Banks, agrico firms lift market up

Vietnamese shares remained upbeat on Wednesday morning on the growth of banking and agriculture sectors.
Chinese funds pour money into Vietnamese market

Chinese funds pour money into Vietnamese market

Many Chinese funds are pouring capital into the Vietnamese stock market because of low valuations and further loosening of foreign ownership in the near future.
HDI Global SE fined US8,000 for information disclosure, foreign ownership violations

HDI Global SE fined US$8,000 for information disclosure, foreign ownership violations

The State Securities Commission (SSC) last week issued a fine of VND185 million (roughly US$8,000) to HDI Global SE for violating rules on foreign ownership and information disclosure.
HDBank keeps foreign ownership cap at 21.5%

HDBank keeps foreign ownership cap at 21.5%

The HCM City Development Joint Stock Commercial Bank (HDBank) has decided to lock the foreign ownership limit at 21.5 per cent of the charter capital.
Covid-19 hits remittances to Viet Nam

Covid-19 hits remittances to Viet Nam

Overseas remittances are expected to fall short of the target this year due to the economic crisis caused by the Covid-19 pandemic and shutdowns around the world.
Ministry seeks to further open petroleum retail market

Ministry seeks to further open petroleum retail market

The Ministry of Industry and Trade has called for allowing all foreign investors to further participate in the petroleum retail market.