Australia and New Zealand Banking Group Ltd is looking for a buyer for its 10 percent stake in Vietnam’s Sacombank, an executive at the Vietnamese bank said, becoming the first foreign bank to sell its stake in a domestic lender. The move follows ANZ’s Vietnamese unit obtaining permission to operate as a fully foreign-owned bank in October 2008. ANZ is one of 10 foreign banks to have bought... 

Representatives of more than 60 businesses have shown their keen interest in the Vietnamese market during a recent conference in the Netherlands. At the March 12 event, the organizers – PricewaterhouseCoopers and Vietnam Trade Centre International – introduced participants to the favourable investment climate in Vietnam, especially after the country officially joined the WTO three years...