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Official Gazette

Tuesday, July 23, 2019
Tags: foreign ownership
Draft Securities Law proposes expanding foreign holding cap Draft Securities Law proposes expanding foreign holding cap
The Ministry of Finance has recently held a series of conferences to collect opinions from legal experts and stakeholders on the draft Securities Law, focusing on such issues as conditions for acquiring public company status and foreign holding cap in public companies, public offering and private placement of stocks and bonds, powers of the State Securities Commission, and organizational and operational model of Stock Exchanges.
Higher foreign shareholding in local banks needed: experts Higher foreign shareholding in local banks needed: experts
Lifting the cap of foreign ownership in Vietnamese banks was necessary to have more capital for restructuring and improving the competitiveness of the domestic banking sector but this should be done with caution and an elaborate roadmap, said banking experts.
Policy digest November 2015 Policy digest November 2015
 Under the Law on Charges and Fees passed by the National Assembly on November 25 and scheduled to be effective as from January 1, 2017, 17 public service charges, including irrigation charge, road use toll, port and station charges, vehicle inspection charge, securities operation charge, etc., which the State does not need to strictly manage will be shift to the state-regulated pricing mechanism. 
Foreigners may own thirty percent of apartments in a building Foreigners may own thirty percent of apartments in a building
From December 10, foreigners may own up to 30 percent of the total number of apartments in an apartment building.
Vietnam jumps up in global competitiveness rankings Vietnam jumps up in global competitiveness rankings
Vietnam is ranked 56th out of 140 economies in national competitiveness during 2015-16, jumping up 12 places compared to the last year, according to a report released at the Global Investment Forum on September 30 in Hanoi.
Relaxation of the 49-percent cap on foreign ownership in Vietnamese public companies Relaxation of the 49-percent cap on foreign ownership in Vietnamese public companies
As an effort to attract foreign investors in Vietnam’s stock market, on June 26, 2015, the Government issued Decree No. 60/2015/ND-CP amending some articles of Decree No. 58 (Decree No. 60). Among the changes, the most welcomed amendment is the relaxation of the overall 49-percent cap on foreign ownership in Vietnamese public companies. Decree No. 60 will be effective as of September 1, 2015.
Taking security over shares in Vietnam: specific rules Taking security over shares in Vietnam: specific rules
New securities regulations have significantly changed the process of attachment and enforcement of security over marketable shares.
Security interests over marketable securities under Vietnamese law: an overview Security interests over marketable securities under Vietnamese law: an overview
Banks often lend against a security interest over securities. This article is concerned with security interests in marketable securities (or corporate investment securities), that is securities issued by a company and traded on a market.
Foreign holding caps in domestic firms to be raised Foreign holding caps in domestic firms to be raised
Taking share security in Vietnam: law and practice Taking share security in Vietnam: law and practice
The question, addressed by this article, considers what form of security a creditor may take over shares in a Vietnamese company and how it can enforce the security. This question is rather complex, and this article can do no more than sketch the outlines. It should be also noted that marketable securities such as shares of public companies may be pledged in compliance with specific regulations. 

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