Taking advantage of the period during which Vietnamese banks are focusing on restructuring and bad debt settlement, foreign banks have been gearing up for bigger market share.

The reported satisfactory business results in 2016, plus positive media comments about banks’ operations, have caused investors to feel optimistic about the prospects of the sector in 2017.

VietNamNet Bridge - Legislative bodies have praised the State Bank of Vietnam’s (SBV) move to buy three weak banks at zero dong, but said the remedy should not be abused.