New foreign investor rules.

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    • Abstract:
      The article reports on a new regulation that has recently been issued by the Ministry of Finance of Vietnam regulating the activities of foreign investors in Vietnam's Securities Market. Decision 121 provides the guidelines for foreign investors investing in Vietnam's securities market. Under this new Decision, foreign investors comprise of foreign citizens including overseas Vietnamese, entities incorporated under a foreign law, and their branches operating in Vietnam as well as 100 percent foreign-owned enterprises incorporated in Vietnam. Decision 121 generally provides two ways in which foreign investor may invest in listed and unlisted securities in Vietnam.