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NEW RULES LAID OUT FOR FOREIGN FINANCIERS IN VIETNAM
Meanwhile, in order to be eligible to become a founding member of a non-banking financial establishment, domestic enterprises must possess at least VND500 billion ($22 million) worth of ownership capital and VND1 trillion ($44 million) worth of assets in three consecutive financial years, along with meeting other requirements related to safe financial operation.
For limited liability non-banking financial establishments, domestic enterprises are required to have VND1 trillion ($44 million) in ownership capital and assets valued at least VND2 trillion ($88 million) in three consecutive financial years.
Commercial banks must have at least VND100 trillion ($4.4 billion) in assets in order to become founding members of financial and financial-leasing companies.
Source: VNEP
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