Korea Development Bank gains approval to open Vietnam branch

Korea Development Bank gains approval to open Vietnam branch

Korea Development Bank on January 20 announced that it has obtained final approval from Vietnam’s central bank to open a branch in Hanoi.
Foreign lenders dominate financials

Foreign lenders dominate financials

While local banks grapple with challenges and declining profits, their foreign-invested counterparts are registering stellar performances in Vietnam.
Expansions ripe with South Korean banks

Expansions ripe with South Korean banks

As South Korean banks grapple with intensifying domestic rivalry, they are strategically shifting their focus to Southeast Asia, particularly Vietnam, as an emergent arena for growth and expansion.