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Foreign banks open more branches in Vietnam

by VTV405 December 2018 Last updated at 09:26 AM

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VTV.vn - Just within the past three years, nine new branches of foreign banks have been licensed in Vietnam, an increase of 20% year on year.

The Vietnamese market has witnessed the strong participation of foreign banks, mostly from China and South Korea. This has reflected the attraction of the Vietnamese banking industry to foreign investors.

However, their advantages are technology and experience, so they can approach the younger population, providing services based on the digital platform.