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Official Gazette

Thursday, February 27, 2020
Tags: financial commitments
NA deputies talk debt sea economy NA deputies talk debt, sea economy
During a discussion on the country’s current debt, NA deputies urged the Government to tighten the management of investment funds, as well as prioritize projects that help link different regions of the country and those with good return of investment.
Draft decree specifies foreign investment in the banking sector Draft decree specifies foreign investment in the banking sector
Mergers and acquisitions: the future of banking in Vietnam Mergers and acquisitions: the future of banking in Vietnam
In the context of Vietnam’s deeper international economic integration, numerous merger and acquisition (M&A) deals will be seen in the country’s banking sector in order to optimize profits, diversify banking operations, mitigate risks and achieve Government-set objectives of restructuring the financial-banking system to help weather pervasive impacts of the global financial crisis.
Decree 69 guarantees rights of foreign strategic investors in commercial banks Decree 69 guarantees rights of foreign strategic investors in commercial banks
In order to guide in detail Government Decree No. 69/2007/ND-CP of April 20, 2007, on purchase of commercial bank shares by foreign investors, and to replace regulations issued together with the State Bank of Vietnam Governor’s Decision No. 228/QD-NH5, permitting credit institutions to raise capital from foreign shareholders, which are no longer appropriate, the State Bank issued Circular No. 07/2007/TT-NHNN on November 29.
DECREE No. 69/2007/ND-CP: DECREE No. 69/2007/ND-CP:
Share purchase by foreign investors from Vietnamese commercial banks
DECREE No. 22/2006/ND-CP OF FEBRUARY 28 2006: On organization and operation of foreign bank branches joint-venture banks banks with 100% foreign capital and representative offices of foreign credit institutions in Vietnam DECREE No. 22/2006/ND-CP OF FEBRUARY 28, 2006: On organization and operation of foreign bank branches, joint-venture banks, banks with 100% foreign capital, and representative offices of foreign credit institutions in Vietnam

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