Vietnam Sets 65% Minimum State Ownership for Major Banks by 2030
Vietnam approved a plan requiring state-run lenders to maintain at least 65% state ownership by 2030. The restructuring plan also covers 21 state-owned and state-backed enterprises.
Vietnam has approved a plan to set the minimum state ownership level for state-run lenders at 65% by 2030, part of a broader programme to restructure state capital in major enterprises and banks.The restructuring plan, released late on Wednesday, covers 21 state-owned and state-backed enterprises…