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Update news merger & acquisition
VPBank has completed transition of 49% stake in VPBank Finance Company Ltd. to SMBC Consumer Finance.
As global mergers and acquisitions activity continues to rebound following a pandemic-fuelled freeze, Vietnam is expected to benefit from the growth of deal-making.
The Prime Minister has given the nod to the plan on merging Western Bank into PetroVietnam Finance Corporation (PVFC). This proves to be the can’t-be-better way out for all the involved parties.