The Vietnamese Ministry of Planning and Investment has said net foreign inflow into the stock market by the end of last year was around US$1 billion.
A recent World Bank report said foreign portfolio investment was worth around $4 billion while total market capitalization was $24.4 billion.
Foreign investors are allowed to hold 49 percent of a company’s stocks, 30 percent in the case of banks.
Source: Thanh Nien
Tuesday, April 24, 2007
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