Condotels have not been forgotten

Condotels have not been forgotten

Despite unresolved issues, the licence to grant ownership rights for resort and condotel properties has fulfilled investors' hopes after decades of waiting.
Lenders explore new ways to up ownership

Lenders explore new ways to up ownership

Financial institutions are ramping up ownership in securities subsidiaries to tap into new and exciting investment opportunities on the stock market.
Ownership dreams out of reach with land hike?

Ownership dreams out of reach with land hike?

Recent proposals in several cities to increase land prices, together with the current restrictions placed on new projects by local authorities, are expected to cause headaches for real estate developers, leaders of some companies, and relevant associations.
Foreign hands to help reshape banking

Foreign hands to help reshape banking

Foreign investors involved in Vietnam’s banking system will be able to play a greater role in revitalising it.
True being of FIEs blocking investment

True being of FIEs blocking investment

Opaque definitions of foreign-invested enterprises (FIEs) have entailed numerous repercussions for Vietnam’s current investment landscape, with pharmaceuticals maker Mekophar’s delisting being one recent case. In this context, industry managers and senior experts sat together in a recent VIR-hosted meeting to discuss the issue. Phan Vu Hoang, Tax Director, Deloitte Vietnam Tax Company Ltd. expands on the issues at hand.
Cross-ownership leaves tangled web

Cross-ownership leaves tangled web

The banking system’s problems mentioned above were partly caused by banks’ bending the law by using cross-ownership-Vu Thanh Tu Anh Fulbright Economics Teaching Program director of research
Auto importers looking for a big pick me up

Auto importers looking for a big pick me up

Registration fees for pick-ups have increased anxiety among customers and automotive industry firms in Vietnam.
Bigger slice of credit institution pie for foreign appetites

Bigger slice of credit institution pie for foreign appetites

Foreign strategic investors are set for a breakthrough in their long desired wish to have greater stakes in Vietnamese credit institutions.
Tough medicine for pharma firms

Tough medicine for pharma firms

Most listed Vietnamese firms would love to boast of a foreign component to their ownership structure, seeing it as a boost to their prestige.
Purse strings set to loosen in 2011

Purse strings set to loosen in 2011

Ralf Matthaes, Taylor Nelson Sofres (TNS) regional managing director for Vietnam and Malaysia, provides a unique insight into Vietnamese consumer spending trends in 2011.
Real estate revenue reporting under the microscope

Real estate revenue reporting under the microscope

The real estate market in Vietnam has grown rapidly in recent years and new real estate development projects are being announced almost weekly.
Banking on some fresh changes

Banking on some fresh changes

The National Assembly passed the new Law on Credit Institutions on June 16, 2010 (“New Law”) to repeal and replace the Law on Credit Institutions dated December 12, 1997, as amended on June 15, 2004 and its implementing regulations (collectively referred to as “Old Law”).
Investors seeking room to move

Investors seeking room to move

Recent reports lauding a supposed increase in permitted foreign ownership of unlisted public companies to 40 per cent may miss the point. Any restriction on foreign ownership of such companies may be, with some exceptions, a breach of Vietnam’s World Trade Organization commitments.

Foreigners bank on revamp

The tight control over foreign ownership in domestic commercial banks, in place for more than 10 years, may be relaxed at the end of this year, as the State Bank of Vietnam (SBV) considers raising the maximum ownership stake from 10 to 30 per cent.