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ownership

KDC scales up ownership of Hùng Vương Plaza

KDC scales up ownership of Hùng Vương Plaza

KIDO Group Corporation has announced an increase in its stake in Hùng Vương Joint Stock Company (Hùng Vương Plaza) to 75.39 per cent.
Banks to develop roadmap to comply with share ownership cap policy

Banks to develop roadmap to comply with share ownership cap policy

According to the Law, which took effect from July 1 this year, institutional shareholders will need to lower the percentage of shares they hold in a credit institutions from 15 per cent to 10 per cent 
New law tightens cross-ownership in credit institutions

New law tightens cross-ownership in credit institutions

Cross-ownership and manipulation in credit institutions will be tightened after the revised Law on Credit Institutions took effect from July 1, 2024.
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
VN ranks second in the world in cryptocurrency ownership rankings

VN ranks second in the world in cryptocurrency ownership rankings

Việt Nam ranks second in the world in cryptocurrency ownership with 21.2 per cent of the population adopting crypto, according to data from the Crypto payment gateway Triple-A.
PM asks to put cross ownership at credit institutions under scruntiny

PM asks to put cross ownership at credit institutions under scruntiny

Scrutinising cross ownership and manipulation at credit institutions aims to ensure system safety as well as financial and monetary security.
Changes to Law on Credit Institutions reduce ownership limits in banks

Changes to Law on Credit Institutions reduce ownership limits in banks

Under the amended Law on Credit Institutions, effective from July 1, 2024, commercial banks in Việt Nam are required to reduce the ownership ratios of organisations, shareholders, and related parties.
New regulations to ease Overseas Vietnamese real estate investments

New regulations to ease Overseas Vietnamese real estate investments

Newly approved laws will favourable conditions for Overseas Vietnamese in real estate ownership and trading, experts say.
VCCI disagrees with bank ownership ratio reduction

VCCI disagrees with bank ownership ratio reduction

The proposed changes in the ownership ratio have raised concerns in the banking system, as they fear they may hamper economic growth.
Condotels, officetels get ownership certificates from May 20

Condotels, officetels get ownership certificates from May 20

Buyers of condotels, officetels and resort villas will have ownership certificates from May 20 under a new decree guiding the Land Law implementation.
Ministry removes condo ownership time limit regulation in latest draft law

Ministry removes condo ownership time limit regulation in latest draft law

The Ministry of Construction (MoT) has eliminated a proposal to implement a time limit on apartment ownership in its latest draft Housing Law
Condotels, officetels to get ownership certificates

Condotels, officetels to get ownership certificates

The regulation about granting ownership certificate for condotels and officetels was expected to tackle the legal bottlenecks for enterprises and individuals investing in these properties which had been existing for nearly a decade.
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.
HoREA proposes removing regulations on termination of apartment ownership

HoREA proposes removing regulations on termination of apartment ownership

The Housing Law amendment draft''s articles 25 and 26 no longer feature contentious concepts like a definite term for apartment ownership or the extension of the term of apartment ownership as in previous drafts. 
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.