1. Overview Vietnam’s banking sector has shown significant improvement which results from stable inflation and interested rate, favorable environment for foreign direct investment and a shift from deficit to surplus of the country’s current account. This sector plays a crucial role in Vietnam’s economic development in recent years. 2.Banking system There are two tiers in … Read more
The success of many Korean banks in Vietnam makes Korean financial investors pay special attention to Vietnam banking sector. Investment methods that are most interested by investors are mergers and acquisitions (M&A). According to information from the National Financial Supervisory Commission, Hana Financial Group (KEB Hana Bank) is preparing to buy shares of BIDV Bank. … Read more
The first half of 2015 witnesses Non Performing Loan (NPL) ratio decreased thanks to the intervention of VAMC and many M&A deals in the banking sector of Vietnam. Vietnam banking sector has been highly valued by foreign investors which consequently create positive impact on the Vietnam stock indexes. Credit growth is forecasted to continue to be strong thanks … Read more