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.
As the market is witnessing adjustments in the rate of ownership for foreign investors in banks, analysts say that it depends on the strategy and business plan of each bank from time to time.
Legal experts and fintech firms discuss the central bank''s draft regulation that would limit the foreign ownership rate in the payment intermediary service sector to 49 per cent .
The State Bank of Viet Nam (SBV) plans to lower the foreign ownership rate in the payment intermediary service sector to 49 per cent instead of leaving it unrestricted to avoid manipulation by foreign investors in the field.
Foreign investors may increase their ownership rate at PetroVietnam Fertiliser and Chemicals Corporation (PVFCCo) to more than their previous ceiling rate of 49 per cent.