Foreign banks expand operations in Vietnam Business

Foreign banks expand operations in Vietnam

Foreign banks in Vietnam have been expanding their transaction networks and increasing their charter capital in a bid to increase market share, especially in the retail banking sector.
Business

More foreign owned banks to open in Vietnam

The State Bank of Vietnam (SBV) has allowed Malaysia’s Public Bank Berhad (PBB) to acquire all stakes owned by Vietnamese lender, the Bank for Investment and Development of Vietnam (BIDV), in their joint venture VID Public Bank.