Vietnam’s new banking law tightens rules on cross-ownership, credit limits

Vietnam’s new banking law tightens rules on cross-ownership, credit limits

Vietnam’s recently-passed amended Law on Credit Institutions will make cross-ownership more difficult and prevent bank manipulation, a move welcomed by local experts.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Petrovietnam aims to maintain ownership ratio at Ca Mau Fertilizer

Petrovietnam aims to maintain ownership ratio at Ca Mau Fertilizer

State-owned Petrovietnam plans to keep its ownership ratio of 75.56% at its subsidiary Petrovietnam Ca Mau Fertilizer JSC (PVCFC).

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Restaurant chain Golden Gate leaders divest capital

Restaurant chain Golden Gate leaders divest capital

Golden Gate Trade And Service JSC (GoldenGate), a major developer and operator of full-service restaurants in Vietnam, has seen key leaders reduce their share ratio compared to the start of the year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7