Vietnam is a one party state. Does the government control the banks?
Somewhat. The most popular banks are SOEs owned by ministries, but private sector banks that are local (eg. SCB) or foriegn like Shinhan or HSBC, along with private sector fintech is booming.
alt Hacker News
Somewhat. The most popular banks are SOEs owned by ministries, but private sector banks that are local (eg. SCB) or foriegn like Shinhan or HSBC, along with private sector fintech is booming.