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Vietnam sets 65% state ownership floor for major banks, to retain control of strategic groups

HANOI: Vietnam has approved a plan to set the minimum state ownership level for state-run lenders at 65 per cent by 2030, part of a broader programme to restructure state capital in major enterprises and banks.

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越南设定大型银行国有持股比例下限为65%,以保持对战略集团的控制。

A customer talks to a BIDV bank teller at its office. The state plans to retain shares of at least 65 per cent in BIDV, Vietcombank and VietinBank by 2030. — bnews via Vietnam News/ANN

HANOI: Vietnam has approved a plan to set the minimum state ownership level for state-run lenders at 65 per cent by 2030, part of a broader programme to restructure state capital in major enterprises and banks.

The restructuring plan, released late on Wednesday (Oct 28), covers 21 state-owned and state-backed enterprises, and forms part of Vietnam's 2026-2030 programme to restructure state capital, with the aim of preserving state control in strategic sectors while giving authorities the flexibility to adjust their holdings in selected companies and lenders.

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