The State Bank of Viet Nam (SBV) has issued a written document allowing the Military Commercial Joint Stock Bank (MB) to establish a 100 per cent-owned bank in Cambodia on the ground of its branch in Phnom Penh.
MB Cambodia and the Viettel (Cambodia) Pte., Ltd (Metfone), two Vietnamese-invested firms recently signed a special credit package contract for 2022 to upgrade the telecoms network in Cambodia.