Update news Shinhan

The Republic of Korea’s banks are focusing more on Vietnam as the market emerges as a major source of earnings for them amid their slowdown from China.

Vietnam – attractive to RoK banks

Banks of the Republic of Korea (RoK) are accelerating efforts to capture business opportunity in Vietnam – a fast-growing market.


Foreign finance institutions step up expansion plans in Vietnam

The competition in the Vietnamese finance and banking market has become fiercer as existing foreign institutions are rushing to increase capital even as new entrants continually join the market.