Vietnam Plans Tax Breaks, Fee Cuts to Lure Overseas Investors
- Key priority for regulators is to fix bottlenecks: commission
- There are still some deterrents to global funds: Asia Frontier
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Vietnam’s authorities are planning a series of reforms to lure more overseas investors to the stock market in an effort to ensure Southeast Asia’s fastest-growing economy has enough capital inflows.
Measures being considered include tax breaks and fee incentives for fund management companies to encourage overseas investors to play a greater role in the market, State Securities Commission of Vietnam Vice Chairman Bui Hoang Hai said in an interview in Hanoi last week.