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Tag
foreign ownership
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Land deed delays repel investors: EuroCham
Delays in granting title deeds to foreign apartment owners might prevent investors from infusing Vietnam’s property sector with more money, the European Chamber of Commerce in Vietnam (EuroCham) has said.
Let foreigners buy resort property, says developer
Foreigners should be allowed to buy resort property in Vietnam, not just residential units, in order to draw foreign currency and promote tourism, a Sun Group executive has proposed.
Clarification needed on foreigners’ home ownership rights: lawmakers
Vietnam needs to clarify its laws on foreign home ownership, as current regulations are inconsistent, and loopholes might be taken advantage of, lawmakers say.
June 19, 2023 | 04:41 am PT
Vietnam seeks more foreign ownership in banks acquiring weaker lenders
The allowed foreign ownership ratio in stronger Vietnamese banks that acquire struggling lenders could jump to 49%, according to a draft government decree.
December 2, 2022 | 05:37 am PT
Foreigners own 2 pct of Vietnam housing supply: report
Foreigners own around 16,000 apartments in Vietnam, or 2 percent of the total housing supply, and this has not affected local people's opportunity to buy houses, a report says.
August 15, 2020 | 04:24 pm PT
Allow foreign ownership in fuel distribution, ministry proposes
The Ministry of Industry and Trade has proposed that fuel distributors be allowed to sell a maximum of 35 percent of their stake to foreign investors.
July 13, 2020 | 06:12 pm PT
Moc Chau Milk wants to allow 100 percent foreign ownership
Moc Chau Milk, a subsidiary of Vietnam's biggest dairy company Vinamilk, wants to increase its foreign ownership cap to 100 percent in order to raise funds.
July 6, 2020 | 06:44 pm PT
Vietnam considers foreign ownership of hospitality real estate
To reduce unsold inventory and boost tourism infrastructure investment, the Construction Ministry has proposed that foreign investors are allowed to own hospitality property.
June 25, 2020 | 05:11 pm PT
Foreigners using proxies to own real estate in national security areas
Hundreds of Vietnamese firms are serving as proxies for foreigners to buy real estate units in areas vital to national security, says Deputy PM Pham Binh Minh.
November 11, 2019 | 11:51 pm PT
Central bank worried about high foreign ownership in fintech firms
Vietnam’s central bank is worried foreign ownership of up to 90 percent in large fintech firms could lead to market manipulation.
August 20, 2019 | 11:12 pm PT
Vietnam okays unrestricted foreign ownership of largest brewer
Vietnam’s securities authorities have lifted any foreign ownership cap on the country’s largest brewer Sabeco.
December 5, 2018 | 05:32 pm PT
Vietnam brewer Sabeco lifts foreign ownership cap
Vietnam's largest brewer Sabeco says it has removed its foreign ownership limit, in a statement on its website Monday.
November 12, 2018 | 01:07 am PT
Vietnam's bank seeks $700 mln via stake sale to foreign investor - report
Saigon Commercial Bank expects further talks with two potential investors from China and Indonesia as it plans to sell more than half of the bank at par value.
April 23, 2017 | 07:37 pm PT
Vietnam's leading state owned giant Vinamilk says scrapping foreign ownership cap
The board of Vietnamese dairy firm Vinamilk has decided to remove its 49 percent foreign ownership cap, an official said on Monday, paving the way for an expected flood of interest from overseas investors in a company valued at $7.85 billion.
May 16, 2016 | 07:52 pm PT
World Bank lender to buy stake in TP Bank
The International Finance Corporation (IFC), the World Bank's private sector lending arm, plans to buy a five percent stake in Vietnam’s unlisted TP Bank, the Vietnamese lender said.
April 22, 2016 | 07:34 pm PT