Vietnam opens local market to HSBC and Standard Chartered

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Vietnam opens local market to HSBC and Standard Chartered

5th March 2008, 01:01:AM

HSBC and Standard Chartered are ready to expand rapidly in Vietnam after gaining permission yesterday to incorporate their businesses locally. The move will allow the UK banks to compete equally with domestic lenders in one of Asia's fastest-growing markets.

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Tags: businesses, domestic, ere, hsbc, lenders

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Vietnam opens local market to HSBC and Standard Chartered

Vietnam opens local market to HSBC and Standard Chartered

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