Foreign banks’ withdrawal no cause for concern

Foreign banks’ withdrawal no cause for concern

The trend of foreign financial institutions withdrawing capital from their Vietnamese joint ventures has raised questions about the country’s state of financial stability, but experts claim the situation is no cause for alarm.
Foreign borrowing sees new controls

Foreign borrowing sees new controls 1

The State Bank of Vietnam has spelled out the procedures local lenders are to follow if they wish to borrow funds from foreign financial institutions.