bringing-private-banking-to-vietnam

Bringing private banking to Vietnam

Le Huy Phuong, director of IPA Investments, talks about how and why his securities company is now offering private banking services to clients in Vietnam.

Lara Wozniak

September 05, 2007

Private banking is virtually non-existent in Vietnam. As Le Huy Phuong, director of IPA Investments in Ho Chi Minh City, puts it ôYou can count on one handö the number of banks who either have, or are setting up private banking arms to their businesses. IPA is one of those rare securities companies that is offering such a service. FinanceAsia talks to Le about the business.

Given that private banking is a new concept in Vietnam, how are you reaching clients
We go out and find clients and sometimes they call us and say, æI have Vnd3 billion I want to invest in a professional way, can you helpÆ But a lot of...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 1 article per month from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222