Fintech: Reflecting reality for foreign owner ratios

Reflecting reality for foreign owner ratios

(VIR.COM.VN). A recent draft decree from the State Bank of Vietnam raised eyebrows with its contents on ownership ratios for overseas groups when it comes to payment intermediary services. Lawyer Pham Duy Khuong, managing director of Vietnam Law Firm ASL LAW, writes about whether or not the foreign ownership limit should indeed be restricted for…

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