Foreign banks keen on firm niche in Vietnam
A bevy of foreign banks would flock to Vietnam in the coming time, as they find the market attractive thanks to a high growth rate in exports and rises in foreign investment capital flow, international payment and foreign arrivals, financial experts have predicted.
ANZ bank, which opened its first branch in Hanoi in 1993, has unveiled a plan to open between 10 and 12 more branches in Vietnam by the end of this year after it receives permit to become a wholly foreign-invested bank here.
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