About HKTDC | Media Room | Contact HKTDC | Wish List Wish List () | My HKTDC |
繁體 简体
Save As PDF Print this page

VIETNAM: 100% Overseas Ownership Approved for Majority of Listed Companies

Overseas investors are to be permitted to acquire a 100% stake in the majority of the country’s listed companies. This is a change to the previous practice that saw such ownership capped at 49% for listed enterprises in about 200 different business sectors. Under the terms of the changed legislation, which is set to be implemented in early 2020, such restrictions on overseas ownership will only apply to banks (capped at 30%) and for companies in the security, defence, telecommunications or insurance sectors (capped at 49%).

There is no change, however, in the existing legislation that entitles overseas investors to establish wholly-owned enterprises in the country, while domestic businesses are still allowed to stipulate their own overseas ownership limits.

Content provided by Picture: HKTDC Research
Comments (0)
Shows local time in Hong Kong (GMT+8 hours)

HKTDC welcomes your views. Please stay on topic and be respectful of other readers.
Review our Comment Policy

*Add a comment (up to 5,000 characters)