Vietnam easing limits on foreigners owning banks

The State Bank of Vietnam issues a draft decree that would allow foreigners to take majority stakes in local banks “case by case”.

<div style="text-align: left;"> Vietnam: The government is keen to upgrade its banking industry </div>

Jame DiBiasio

February 28, 2013

Capital-hungry Vietnam is further opening the door to foreign ownership of its banks.

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