Foreign investors flock to limited-availability bank stocksIn 2017, Vietnamese banks have regained their appeal to foreign investors, after a long period of restructuring. In its latest report in 2016, Fitch ratings agency noted that the creditworthiness of Vietnamese banks is still the lowest in Asia. “Vietnamese banks lack capital,” the article says. The bank’s capital adequacy ratio is already reaching dangerous levels. Both VPBank and HDBank still have 10 per cent of their shares available for foreign investors, which is partly why the share sales were a success.

Source: VietNamNet News January 01, 2018 07:18 UTC