Foreign banks operate in Vietnam

Several foreign banks operate in Vietnam, contributing to the country's dynamic and growing banking sector. The popularity of these banks may vary based on factors such as services offered, customer preferences, and business focus. Here are some of the foreign banks that were notable in Vietnam:

1. Standard Chartered Bank: Standard Chartered has a significant presence in Vietnam and offers a range of banking services, including corporate and institutional banking, retail banking, and wealth management.

2. HSBC (Hongkong and Shanghai Banking Corporation): HSBC is one of the largest and most well-established foreign banks in Vietnam. It provides services such as retail banking, commercial banking, and global banking and markets.

3. ANZ (Australia and New Zealand Banking Group): ANZ has a presence in Vietnam and offers a variety of banking services, including corporate banking, trade finance, and retail banking.

4. Citi (Citibank): Citibank operates in Vietnam and provides a wide range of financial products and services, including corporate and investment banking, treasury and trade solutions, and retail banking.

5. SCB (Standard Chartered Bank Vietnam): Apart from Standard Chartered at the global level, Standard Chartered Bank Vietnam operates as a separate entity, serving both retail and corporate customers in the country.

6. Shinhan Bank: Shinhan Bank, a South Korean bank, has a notable presence in Vietnam and offers services such as retail banking, corporate banking, and trade finance.

7. Mizuho Bank: Mizuho Bank, a Japanese bank, has a representative office in Vietnam and provides various financial services, including corporate and investment banking.

8. Bank of China: Bank of China has branches in major cities in Vietnam, offering services such as trade finance, corporate banking, and retail banking.

9. Woori Bank: Woori Bank, another South Korean bank, operates in Vietnam and provides services such as corporate banking, retail banking, and trade finance.

It's essential to note that the popularity and presence of foreign banks can change over time due to various factors, including market dynamics, regulatory changes, and strategic decisions by the banks. For the latest information on foreign banks in Vietnam and their market share, it is recommended to refer to more recent sources or consult with financial institutions operating in the country.