Ho Chi Minh City authorities have approved 17 commercial housing projects for sale to foreign individuals and organisations, in a move aimed at expanding regulated foreign access to the local real estate market.

Foreign entities and individuals can now own up to 30% of the residential apartments in a building, including mixed-use developments, under a new decree effective on August 1.

There is no legal basis at the moment to consider proposals related to raising the foreign ownership ratio in aviation transport businesses to 49% of the charter capital, said the government agency.

The State Bank of Vietnam (SBV) has proposed increasing the foreign ownership cap at some commercial banks from 30% to 49%.

Foreign ownership limits at credit institutions were expected to be raised to an appropriate level to attract foreign investment, which plays an important role in improving operational efficiency and accelerating the banking sector's restructuring.

Hanoi’s Department of Construction recently announced eight more housing projects can be owned by foreign organisations and individuals.

VOV.VN - Foreign investors have increased their capital in the Vietnamese logistics market to seize upon development opportunities after the COVID-19 pandemic, according to industry experts.

Analysts all have optimistic forecasts about cash flow to Vietnam in 2022 and upcoming years after a year of net withdrawals.

Vietnamese banks are still attractive to foreign investors thanks to the country’s economy and strong resilience to unprecedented difficulties and challenges caused by the COVID-19 pandemic.

Deputy Prime Minister Le Van Thanh has asked the Ministry of Industry and Trade to give careful consideration to the proposal of extending the amount of foreign ownership at petrol and oil business to 35%.