Update news bank
Weak banks would be put under the special control, forced to merge to others or go bankrupt if necessary.
VietNamNet Bridge – The banking sector has become boisterous with a lot of big shareholders selling their shares in big quantities to quit the business field. Meanwhile, a lot of hidden “big guys” have jumped on the bandwagon.
Following the success of MekoStem, which is considered the first stem cell bank in Vietnam, some more banks would be set up to satisfy the increasingly high demand from the rich people.
Not only one, two or several businesses, but numerous foreign invested enterprises (FIEs) have disappeared.
VietNamNet Bridge – No one knows exactly about the actual business performance of state owned enterprises (SOEs), and no one has sufficient information enough to give early warnings to businesses.