Foreign investors’ continuous investment in Vietnam has shown their optimistic about the country’s economic outlook, despite the difficult situation of the global banking sector.

Vietnamese lender VPBank on March 27 signed an agreement to sell its 15% stake to Japan’s Sumitomo Mitsui Banking Corporation (SMBC) through a private placement.

Large foreign financial groups have actively penetrated the Vietnamese consumer finance market, which has significantly helped accelerate the digitalisation of the country’s financial services.

VOV.VN - The Hanoi VPBank International Marathon (VPIM) 2023, an annual international sporting event held in the capital, is scheduled to take place on October 8 and attract the participation of around 10,000 local and foreign runners.

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

Many Vietnamese businesses have boosted foreign fundraising to cope with their capital shortage amid the country's tightened monetary policy.

VOV.VN - The VPBank Hanoi Marathon 2022 has seen a record number of runners register, with 3,000 signing up for the 42.195 km Full Marathon category.

The innovative Vietnamese digital bank Cake by VPBank has won the Asian Banking & Finance Awards for the Best Core Banking System Initiative – Vietnam at the ABF Retail Banking Awards 2022.

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

Overcoming many bright candidates from the East Asia - Pacific region, VPBank has just been honoured by the International Finance Corporation (IFC) as the "Best Digital Bank" in 2021.