Vietnam has approved a capital restructuring plan requiring state ownership in major state-run commercial banks to remain at or above 65 per cent by 2030. While institutions like BIDV and Vietcombank currently sit well above this minimum baseline, VietinBank's current equity level falls slightly short. Beyond the financial sector, the comprehensive programme significantly scales up public stakes in critical infrastructure assets like aviation.
Key points
VietinBank will need to adjust its equity structure to meet the new 65 per cent state hol…: VietinBank will need to adjust its equity structure to meet the new 65 per cent state holding floor.
Large domestic lenders like BIDV and Vietcombank currently hold substantial buffers above…: Large domestic lenders like BIDV and Vietcombank currently hold substantial buffers above the state ownership baseline.
The government is pursuing aggressive equity consolidation outside the banking industry,…: The government is pursuing aggressive equity consolidation outside the banking industry, particularly in national aviation.
Sources checked by our analysis pipeline: 1
HANOI, Oct 29 : 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.
State holdings currently stand at 76.73 per cent in BIDV, 74.80 per cent in Vietcombank and 64.46 per cent in VietinBank.
Separately, the government said state ownership in Vietnam Airlines under the restructuring plan would be increased to 86.42 per cent by 2030, from the current level of 39.29 per cent.
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