Foreign investors now have opportunities to increase investments up to 100 percent of voting shares in a public company in Vietnam. This availability occurs when companies have been in progress to change their Foreign Ownership Limits (“FOL”) as allowed by current regulations. In addition to the FOL loosening, a number of other actions are now in progress of implementation by our related Government agencies towards the promotion of Vietnam’s Stock Market to Emerging Markets (EM”) classification by MSCI.
How are Vietnamese Government agencies dealing with the progress? What are the main constraints to loosen the FOL in Vietnamese public companies? And when can Vietnam Stock Market watchers expect to be upgraded to EM status?
Addressing these concerns and as part of cooperation between Hochiminh Stock Exchange (“HOSE”) and StoxPlus, we have conducted a comprehensive review on FOL for 309 companies listed on HOSE and we have conducted a survey to obtain opinions and feedbacks from more than 200 representatives of foreign institutional investors including large asset management firms who haven’t got exposure into Vietnam and who are awaiting for the change.
In preparing this survey and the legal implications of the government’s changes, we have also joined forces with one of Vietnam’s largest and most awarded law firms in Indochine Counsel, now ten years experienced in serving investors in the Indochina region.
Join the discussions and find out at the event this year’s Vietnam Annual International Investor Conference with the main topic: “Vietnam Stock Market on the Way to Emerging Markets”. The event is jointly organized by HOSE and StoxPlus.
Date: Friday, 4th November 2016
Venue: Exchange Tower Building, Ho Chi Minh Stock Exchange, 16 Vo Van Kiet Street, District 1, HCMC, Vietnam
Main Speakers and Panelists
Tran Anh Dao Executive Vice President Hochiminh Stock Exchange |
Rick Chau Executive Director, Coverage Asia MSCI Inc. |
Jun Nitta Principal IFC Asset Management Company |
Dang The Duc Managing Partner/Business Lawyer Indochine Counsel |
Nguyen Quang Thuan
Chief Executive Officer StoxPlus JSC
|
Nguyen Huu Hieu
Deputy Chief Executive Officer
StoxPlus JSC |
For more information about the Event and for registration, please visit the website at http://stoxplus.com/Event/Top