Issues a new Decree to remove barriers in commodity exchange
Foreign investors will be allowed to contribute capital to establish commodity exchanges in Viet Nam as per Decree No. 51/2018/ND-CP, which took effect from 1 June 2018. However, 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.
Type: Entry and establishment (Ownership and control)
Industry: Services (Financial and insurance activities)
- Ministry of Justice, New legal documents come into effect as from June 2018, Jun 04, 2018
- Customs News, Search Removing “barriers” for Mercantile Exchanges, May 13, 2018
- Viet Nam News, New regulations to improve Viet Nam commodity exchange, May 15, 2018