Hanoi (VNA) - Three companies have opened up the foreign ownership limitto 100 percent, the State Securities Commission announced.
They include Vietnam-Italy Steel JSC (VIS), Petrovietnam Fertilizer &Chemicals Corp (DPM) and confectionery Kido Group (KDC).
This decision was approved in the three companies’ annual shareholders meetingsthis year.
These companies are among the leading ones in their production industry.
Foreign ownership in Vietnam-Italy Steel JSC is almost 25 percent by February21, 2018, of which Kyoei Steel Co is the largest foreign shareholder with a20-percent stake.
Foreign possession in Petrovietnam Fertilizer & Chemicals Corp was 24.5 percentand in Kido Group 19.62 percent by the end of last year.
Last year, the stock market witnessed a wave of listed companies lifting theirforeign ownership restraint, including big companies in the pharmaceutical andinsurance industries such as Hau Giang Pharmaceutical (DHG), Domesco MedicalImport Export JSC (DMC), Bao Minh Insurance Corp (BMI) and PVI Holdings (PVI).-VNA
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Illustrative image (Source: internet) 
