The State Bank of Viet Nam this week approved in principle a plan
to merge the Saigon-Hanoi Commercial Joint Stock Bank (SHB) and
the Vinaconex-Viettel Finance JSC (VVF).
The Viet Nam Post and Telecommunications Group (VNPT) would keep one of
its two giant mobile networks, Vinaphone and Mobifone, but let the other
spin-off.
MOL AccessPortal Sdn Bhd (MOL) will join pioneering Vietnamese e-commerce group PeaceSoft Solutions Corporation to acquire a 50 per cent stake in NganLuong JSC of Peacesoft''s on-line payments unit.