UOB to acquire Citi Vietnam retail banking business next year

UOB to acquire Citi Vietnam retail banking business next year

Singapore's United Overseas Bank (UOB) said Tuesday it expects to complete the acquisition of Citigroup's consumer banking business in Vietnam and Indonesia next year.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Foreign banks conduct aggressive expansion in Vietnam

Foreign banks conduct aggressive expansion in Vietnam

Overseas banking groups have accelerated their pace of expansion in Vietnam, where the marketplace and growing young population are driving its economy.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Los Angeles eyes direct flights to HCMC

Los Angeles eyes direct flights to HCMC

Los Angeles International Airport executives have shown an interest in opening a direct service to Ho Chi Minh City, Vietnam’s largest economic hub.

Travel - Mon, Dec 22, 2021 | 11:30 am GMT+7

Bank of America to open HCMC branch

Bank of America to open HCMC branch

Bank of America is completing procedures to open its second Vietnam branch in Ho Chi Minh City after the first in Hanoi 27 years ago.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7