Vinh Plastic confirms 50% foreign ownership limit

Vinh Plastic and Bags Joint Stock Company (VBC) has officially announced a maximum foreign ownership ratio (FAR) of 50%. This confirmation follows a letter from the State Securities Commission (UBCKNN), which acknowledged the notification dossier regarding the company's FAR. The information was published on the company's website on November 21, 2025.

The UBCKNN received the company's FAR notification on November 3, 2025. The commission has instructed Vinh Plastic and Bags Joint Company to comply with disclosure obligations as per Circular 96/2020/TT-BTC, which guides information disclosure on the Vietnamese stock market.

Furthermore, the Vietnam Securities Depository and Clearing Corporation is mandated to update and adjust the maximum foreign ownership ratio for Vinh Plastic and Bags Joint Stock Company in its system. This adjustment aligns with the detailed implementation provisions of the Securities Law, as stipulated in Decree 155/2020/NĐ-CP and amended by Decree 245/2025/NĐ-CP.