Control of major shareholders in banks

Control of major shareholders in banks

In compliance with the provisions of the Law on Credit Institutions 2024, banks have made public the list of information on shareholders owning 1% or more of shares.
Limiting the "power" of major shareholders under the Law on Credit Institutions (amended)

Limiting the "power" of major shareholders under the Law on Credit Institutions (amended)

VCN - Accordingly, regarding the ownership rate of credit institutions, the Law on Credit Institutions (amended) has stipulated a reduction in the maximum ownership rate at a credit institution from 15% to 10% of charter capital for an institutional share
Vietnam’s taxman says VAT collection related to L/Cs lawful

Vietnam’s taxman says VAT collection related to L/Cs lawful

VCN- Vietnam’s top taxman recently requested its local tax departments instruct credit institutions on procedures for value added tax declaration and payment related to LCs.
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