Vietnam sets 65% state ownership floor for major banks, to retain control of strategic groups

๐Ÿ‡ป๐Ÿ‡ณ The Straits Times (VN) —
Vietnam sets 65% state ownership floor for major banks, to retain control of strategic groups

AI Summary

Vietnam plans to maintain at least 65% state ownership in major banks as part of a broader restructuring of state capital in strategic enterprises. The policy is intended to preserve government control over key groups and financial institutions.

It is part of a broader programme to restructure state capital in major enterprises and banks.

World Politics Markets Vietnam state ownership banks state capital strategic enterprises financial policy

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