M&A deals in Vietnam’s finance and banking sector will rise significantly this year, given by an improved business performance of local banks and a government regulation to require banks to meet stricter capital regulations as part of Basel II Accord standards by 2020.
Vietnam should make it a priority to continue to cut regulatory red tape to lessen unnecessary burdens for investors and entrepreneurs
Viet Nam needs to update its legal framework related to foreign investment.
IFC is considering an investment of up to $28.2 million in Vietnamese agribusiness firm Nafoods Group for its operational expansion.
Read more at: https://www.dealstreetasia.com/stories/ifc-vietnam-nafoods-118805/
E-wallet and digital financial services platform secures undisclosed funding from leading global private equity firm.