Right from the beginning of 2023, many banks have announced their plans for merge and acquisition (M&A) deals and capital increase.

The capitalisation of Vietnam’s banking sector is expected to increase by nearly US$2.8 billion this year.

Banks increased their charter capital by more than VND110 quadrillion in 2021 - the highest annual growth to date - to enhance financial strength and meet the central bank’s regulations.

In the context of impressive growth of the stock market, many companies have flocked to issue shares to raise capital, but not all achieve the expected result.