Finance / Vietnam
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Vietnam And Czech Banks Co-Finance Infrastructure Projects In Vietnam
March 2008 | Corporate Financing AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Vietindebank, one of Vietnam's major state-owned banks and the Czech Export Bank have entered into an agreement to jointly provide funding for projects in Vietnam, including large infrastructure projects. The Vietnamese government is loosening its control over the banking sector and is planning IPOs for some of its largest banks in an effort to increase the levels of foreign confidence and participation in the economy. We see this as a very positive development which will likely buttress the development of public-private partnerships, a model which can add significant benefits to Vietnam's nascent market.