Foreigners allowed to own 49% of commodity exchangeForeign investors will be allowed to contribute capital to establish commodity exchange in Viet Nam as per Decree No. Foreign investors may contribute up to 49 per cent capital to establish the commodity exchange in Viet Nam. — Photo www.anangtawiah.comHowever, their ownership in the exchange should not exceed 49 per cent of its charter capital. Foreign investors are also permitted to trade goods on the commodity exchange as clients and can become members of the exchange (brokers or traders) without ownership restraint. 158/2006/ND-CP, dated December 28, 2006, on the conditions for the establishment of commodity exchange.

Source: VietNamNet News May 03, 2018 05:26 UTC