Vietnamplus

Domestic banks are expected to face increasing competition, especially as European banks will be able to access the Vietnamese market when the European Union-Vietnam Free Trade Agreement (EVFTA) takes effect.

Domestic banks have unveiled positive business performance results in the first half of this year, with some new records being set.

Domestic banks have been expanding their network of branches and transaction offices rapidly in recent years in an effort to increase market share.

The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has recently been honoured as “Best Domestic Bank” of Vietnam in 2017 in The Asset Asian Awards (Triple A).