{"id":11165,"date":"2024-02-12T06:49:13","date_gmt":"2024-02-12T06:49:13","guid":{"rendered":"https:\/\/www.tradepassglobal.com\/?p=11165"},"modified":"2025-10-23T06:50:02","modified_gmt":"2025-10-23T06:50:02","slug":"vietnam-reports-fastest-ever-growth-in-banking","status":"publish","type":"post","link":"https:\/\/www.tradepassglobal.com\/vi\/blogs\/vietnam-reports-fastest-ever-growth-in-banking\/","title":{"rendered":"Vietnam reports fastest-ever growth in Banking"},"content":{"rendered":"
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Hanoi, 12 February 2024:<\/strong> Hitting a record $562.5 trillion in deposits from individuals and businesses by the end of last year, Vietnam banking industry is at an all-time high. While the above demonstrates the most noticeable shift in consumer confidence, the sector is also witnessing increased activity in mergers and acquisitions (M&As).<\/p>\n\n\n\n

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Between 2019 to 2023, Vietnamese banks reported a significant spike in high-value M&A deals. One that grabbed eyeballs was a $1.5 billion investment in Vietnam Prosperity Joint-Stock Commercial Bank (VP Bank) by Japan\u2019s second-largest bank, Sumitomo Mitsui Banking Corporation.<\/p>\n\n\n\n

While these deals are just a small fraction of the bigger equation, the industry is being propelled by soaring demands for capital among domestic banks, a booming consumer market and a pressing need for product diversification.<\/p>\n\n\n\n

Know more: https:\/\/vietnam.worldfis.com\/<\/a><\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

Hanoi, 12 February 2024: Hitting a record $562.5 trillion in deposits from individuals and businesses by the end of last year, Vietnam banking industry is at an all-time high. While the above demonstrates the most noticeable shift in consumer confidence, the sector is also witnessing increased activity in mergers and acquisitions (M&As). Between 2019 to […]<\/p>","protected":false},"author":1,"featured_media":11166,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[48],"tags":[],"class_list":["post-11165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts\/11165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/comments?post=11165"}],"version-history":[{"count":1,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts\/11165\/revisions"}],"predecessor-version":[{"id":11167,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/posts\/11165\/revisions\/11167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/media\/11166"}],"wp:attachment":[{"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/media?parent=11165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/categories?post=11165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tradepassglobal.com\/vi\/wp-json\/wp\/v2\/tags?post=11165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}