Mr. Nguyen Xuan Phuc - the Vietnamese Minister has agreed to increase the legal maximum ownership ratio for foreign investors by only 4 percent. Hanoi recently released a decree, which amends on business condition in the civil aviation sector. The charter capital can be up to 34 percent, which is higher than the previous regulation 4 percent. The newly regulation takes effect on 1st of January 2020. The strict conditions not just stayed intact but also was reinforced: transferring shares could be conducted after 2 years from licensing and must be approved by the Ministry of Transport. The room for international investors in Vietnamese Aviation Market, which was one of the criteria to join WTO, was first put into discussion in 2007, as aviation carriers could not ignore the S-shaped potentiality. The Government then released a decree allowing foreign holders possess up to 49 percent of chartered capital in Vietnamese Airlines. Air Asia and Lion Air were the leading investors sei...