Bigger banks hoover up weaker rivals

Bigger banks hoover up weaker rivals

Prominent Vietnamese banks are making calculated moves to acquire struggling counterparts, signalling a broader restructure of Vietnam’s banking system.
Vietnam’s banking system shows signs of money surplus

Vietnam’s banking system shows signs of money surplus

Vietnam’s banking system is showing signs of returning to a period of money surplus as no bank needs the State Bank of Vietnam's (SBV) capital in the open market operation (OMO) channel and overnight interbank interest rates have dropped sharply.