Analysis-Vietnam’s Banks Tap Investors for $7 Billion as Economy Runs Red Hot

Vietnam’s banks tap investors for US$7bil as economy grows rapidly

Vietnamese policymakers see greater foreign participation as necessary to meet growing credit demand amid a domestic funding squeeze.

Analysis-Vietnam’s banks tap investors for $7 billion as economy runs red hot

By Francesco Guarascio and Phuong Nguyen HANOI, Oct 7 (Reuters) - Vietnamese banks are planning nearly $7 billion in share sales as the country's fast-growing economy fuels demand for capital, opening a window for foreign investors to expand in the tig...

Vietnam's banks tap investors for $7 billion as economy runs red hot

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Analysis:Vietnam’s banks tap investors for $7 billion as economy runs red hot

HANOI, Oct 7 : Vietnamese banks are planning nearly $7 billion in share sales as the country’s fast-growing economy fuels demand for capital, opening a window for foreign investors to expand in the tightly controlled sector. Communist-run Vietnam, which reported growth of nearly 10 per cent in the last quarter, has one of Asia’s fastest-growing […]