Vietnam allows foreigners to own 100% in dairy giant Vinamilk, move set to boost inbound FDI

Vietnam allows foreigners to own 100% in dairy giant Vinamilk, move set to boost inbound FDI

In a significant development, the Vietnamese government Wednesday lifted the 49% foreign holding cap in state-controlled Vietnam Dairy Products (Vinamilk) and the move is bound to attract investors interest in one of the fastest growing frontier markets.

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