IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
state-controlledJUMBO
NoTARIFF PEAK
NoFDI: Entry and ownership rule
On 22 April 2011, the Central Bank of Viet Nam issued new regulation restricting the access of foreign investors to the country's state-owned banks.
According to the statement, foreign investors seeking a share larger than 15 percent must provide proof that they commanded assets of at least USD 20 billion in the year prior to the purchase.
Furthermore, investors already active in Viet Nam's banking industry may not purchase a share larger than 15 percent of a state-owned bank.
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