Vietnam to limit new foreign bank licenses to boost local acquisitions

Nguyen Hue, Vietnam. Photo: Peter Nguyen/unsplash

Vietnam said on Thursday it will limit or possibly stop issuing new licenses for foreign banks to set up in the country as it looks to encourage takeovers of weaker local lenders and strengthen the financial system.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at