Vietnam Sets 65% State Ownership Floor for Major Banks
Vietnam has set a minimum state ownership stake of 65% for major banks, signaling its intent to retain control over strategic groups within the financial sector and bolster economic stability.
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- Vietnam Sets 65% State Ownership Floor for Major Banks
Vietnam's government plans to raise the minimum state ownership stake in major banks to 65%, aiming to maintain national control over strategic groups. This move is seen as a measure to stabilize the financial sector and preserve state influence in the economy.