Citi's Vietnam head gives his views on the country's outlook

Brett Krause, Citi country officer in Vietnam, talks about the banking sector, investing in Vietnam, and the bank's plans for the future.
Brett Krause
Brett Krause

What's your view on the development of Vietnam's banking sector
One policy measure that has attracted a lot of attention and concern in banking circles is the move to raise minimum capital requirements. The initial hurdle of Vnd3 trillion approximately $154 million has been implemented and makes sense to avoid overly small and weak institutions. However, other policy tools will likely be more effective in spurring needed structural changes to the industry in the future, rather than further hikes in minimum capital levels. We think that it is important to promote a banking sector that has healthy institutions of all sizes, ranging from the largest global banks down to more specialised niche players serving...

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