More companies lift foreign ownership limit to 100pc
 |
| Foreign possession in Petrovietnam Fertilizer & Chemicals Corp was 24.5 per cent by 2017-end. - Photo tienphong.vn |
They include Việt Nam-Italy Steel JSC (VIS), Petrovietnam Fertilizer & Chemicals Corp (DPM) and confectionery Kido Group (KDC). This decision was approved in the three companies’ annual shareholders meetings this year.
These companies are among the leading ones in their production industry.
Foreign ownership in Việt Nam-Italy Steel JSC is almost 25 per cent by February 21, 2018, of which Kyoei Steel Co is the largest foreign shareholder with a 20-per-cent stake.
Foreign possession in Petrovietnam Fertilizer & Chemicals Corp was 24.5 per cent and in Kido Group 19.62 per cent by the end of last year.
Last year, the stock market witnessed a wave of listed companies lifting their foreign ownership restraint, including big companies in the pharmaceutical and insurance industries such as Hậu Giang Pharmaceutical (DHG), Domesco Medical Import Export JSC (DMC), Bảo Minh Insurance Corp (BMI) and PVI Holdings (PVI).
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- Limitations abound for domestic EV carbon credits (December 19, 2024 | 15:00)
- Businesses pivotal in offsetting carbon measures in Vietnam (December 19, 2024 | 13:00)
- Coordination key for circular economy (December 19, 2024 | 10:56)
- Vietnam’s first logistics laboratory established (December 19, 2024 | 08:00)
- Masan Consumer Holdings honoured with consecutive "Great Place To Work" certifications (December 18, 2024 | 16:55)
- SABECO’s research facility a dream for its brewmasters (December 17, 2024 | 10:30)
- Digital twins reshaping Vietnam's logistics and supply chain landscape (December 17, 2024 | 09:34)
- Enterprises awarded for pioneering innovation to attract talent (December 16, 2024 | 16:43)
- Testing future predicted for technology startups in Vietnam (December 14, 2024 | 15:00)
- Vincom Retail named among Forbes Vietnam's top 25 leading brands (December 14, 2024 | 11:58)
Mobile Version