The State Bank of Việt Nam (SBV) announced it would remove regulations limiting foreign ownership in local intermediary payment firms from its draft Decree No 101.
Investors from the EU will have opportunities to own higher stakes in Vietnamese banks than those from other countries under Vietnam’s commitments in the EU-Vietnam Free Trade Agreement (EVFTA).
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License No: 94/GP-BC of MCI, April 12, 2006.
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