Clifford Chance

Vietnam: foreign equity cap for public companies lifted

3 July 2015

The Government on 26 June 2015 issued landmark Decree 60/2015/ND-CP (“Decree 60”) to lift the 49% foreign limit on ownership of equity in public companies, amongst others. This long-awaited Decree is issued at a constructive time, when the several new laws affecting investment are taking effect this July 2015. This Briefing summarizes the most important changes under Decree 60.

Download PDF