Banks with mandatory transfers like MB, HDBank, and VPBank can now raise their foreign ownership limit to 49 per cent.

Vietnam's government is allowing 49% foreign ownership of a handful of banks - up from 30% - that have taken over struggling financial institutions in a move to quicken the central bank's ...

The State Bank of Vietnam (SBV) completed the compulsory transfer of four vulnerable banks, CB, Oceanbank, DongA Bank and ...

Banks that acquire weak banks will enjoy various preferential policies, such as refinancing loans with preferential interest ...

GPBank and DongA Bank are now 100% owned, respectively, by VPBank and HDBank. Two other distressed lenders were transfered to other banks last year. Bank for Foreign Trade of Vietnam, or ...