The draft of the new regulation on the foreign ownership cap in Vietnamese public companies has been published in the second draft of the new Law on Securities (Draft Law). The latter is expected to replace the Law on Securities 70/2006/QH11 dated June 29 2006 and Law 62/2010/QH12 dated November 24 2010 amending and supplementing a number of articles of the Law on Securities (collectively, the Existing Law).
March 07, 2019