Mitsubishi UFJ Financial Group (MUFG), one of Japan’s three core financial and banking institutions and among the world’s largest financial groups, has raised its forecast for Vietnam’s gross domestic product (GDP) growth to 7.7% in 2025 and 8.2% in 2026, up from 6.9% and 7.4% projected in August.

VOV.VN - Prime Minister Pham Minh Chinh called on Japan’s largest financial group MUFG to support Vietnam in developing an international financial centre, during his reception for Hironori Kamezawa, President and CEO of the group in Hanoi on August 7.

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.

A number of Vietnamese banks are grabbing the interest of foreign investors who are major banks or financial groups.

SHB on May 23 officially announced to successfully completed the transfer of the first 50% of charter capital at SHBank Finance Company Limited (SHB Finance) to its partner - Krungsri Bank of Thailand - a strategic member of MUFG Group (Japan).

VOV.VN - VietinBank and MUFG Bank, Ltd. (MUFG) have commemorated 10 years of strategic alliance that enabled both organizations to support the growth of Vietnam’s banking sector and foster deeper Vietnam-Japan business and knowledge exchanges.

SHB has signed agreements to transfer charter capital at SHbank Finance Company Limited (SHB Finance) to Bank of Ayudhya in Thailand, commonly known as Krungsri – a strategic member of the Mitsubishi UFJ Financial Group (MUFG).