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Foreign banks returning to Vietnam
Vietcombank’s completion of the sale of shares to foreign investors in early 2019 and BIDV’s action in late 2019 are expected to help attract foreign banks to Vietnam.
Profit targets within reach for domestic banks as 2019 draws to a close
Domestic banks are in a position to complete their 2019 profit targets if they finish the year on a high.
Digital the only way forward
It's clear that digitalization is a prerequisite for local banks to survive and develop in the new era.
Bad debt handling to be audited
The handling of bad debt among credit institutions would be audited this year in order to formulate recommendations for effectively implementing a National Assembly resolution, according to the State Audit Office of Viet Nam (SAV).
When foreign banks want to leave Vietnamese partners
VietNamNet Bridge - The year 2017 saw a number of foreign investors leaving their Vietnamese partners and divesting from banks they once made every effort to develop.
No limit to foreign-ownership in weak banks: SBV
The government of Vietnam is considering raising the ceiling on foreign ownership in weak banks which are undergoing restructuring, Deputy Governor of the State Bank Nguyen Phuoc Thanh said.
