Newsletter Spring 2016: Foreign Ownership Restrictions Lifted for Airports and Finance Companies
In This Issue:
Vietnam permits private and foreign investments in airports;
Foreign ownership cap on limited liability finance companies is lifted;
New Civil Code will take effect January 2017;
New Penal Code removes “illegal conduct of business” but may subject corporate entities to new types of offenses;
Legal framework for offshore trade of securities is introduced;
Securities trading rules become more flexible.