Banks raise foreign ownership ratio to improve financial strength

Banks raise foreign ownership ratio to improve financial strength

Vietnamese banks have been increasing their foreign ownership ratios to attract investment and improve financial strength.
Offering more room to foreigners may lead to elimination of big brands

Offering more room to foreigners may lead to elimination of big brands

What will happen if Vietnam allows foreign investors to hold 50 percent or more of listed companies’ shares? The answer is that foreign groups would set one foot on Vietnamese enterprises and then take other steps to take over the enterprises.