Vietnam bank profits poised to pop

Vietnam’s crowded banking sector is popping the champagne after reporting double-digit profits in the first half of the year, but a bubbly credit boom seems poised to pop later in the year. Pre-tax earnings of the nine listed banks grew by an average 30%, with Vietcombank reaping $232.5 million, VietinBank $212.4 million, BIDV $164.1 million and Military […]