Vietcombank is selling its stake in a JV with French life insurance firm BNP Paribas as part of a possible bancassurance deal with a foreign buyer. Its board of directors passed a resolution approving ...

The Vietnam government is seeking to sell a $500 million stake in Vietcombank, Reuters reports. Private equity funds, foreign banks and sovereign wealth funds are interested in buying the stake.

JSC Bank for Foreign Trade of Vietnam, known as Vietcombank, is seeking advisors for a plan to raise about $1 billion to boost its capital, according to people familiar with the matter. The ...