March 21, 2025

Vietnam to raise foreign ownership cap to 49% at some banks

Foreign investors will be allowed to own up to 49 percent of the charter capital in Vietnamese commercial banks involved in mandatory transfers, starting from May 19, 2025, under Decree No. 69/2025/ND-CP recently issued by the government. The change applies to banks like MB, HDBank, and VPBank, which are participating in state-mandated acquisition and restructuring of weaker banks, VietnamBiz has reported.

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Vietnam’s fresh milk production increases by 12.5% in February 2025

Vietnam’s fresh milk production has shown positive growth in the first two months of 2025. According to the latest data from Vietnam’s General Office of Statistics, the country produced 132 million litres of fresh milk in January 2025. In February, this figure increased slightly to 133.9 million litres.

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Vietnam News Roundup: March 14 to March 20

This week’s Vietnam news roundup covers the latest ADB investment in Vietnam’s private education sector, developments with respect to the Trump golf course slated for Hung Yen, the closure of RFA and VOA and the impact on Vietnam, the latest State Bank open market operations, and more…

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