Japanese banks take on strategic roles Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
09/07/2021 09:53 GMT+7
Given their financially sound cornerstone and professional know-how, Japanese megabanks are actively exploring sensible bolt-on opportunities of banks in Southeast Asia, including Vietnam, as a critical part of their international market expansion.
MUFG has been working in collaboration with VietinBank for years. VIR photo: Le Toan
Japan’s Sumitomo Mitsui Banking Corporation (SMBC), the banking arm of Sumitomo Mitsui Financial Group (SMFG) was last week reported to have acquired a 5 per cent stake in Philippines-based lender Rizal Commercial Banking Corp (RCBC), equivalent to around $93.9 million.
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Ahead of Vietnam’s One-Party Elections, the State Punishes Online Calls for Democracy
To secure its monopoly on power, the Communist Party bends the rules, bans the competition, and dominates the digital landscape.
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May 21, 2021
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Unlike its counterpart in China, the ruling Vietnamese Communist Party (VCP) has not felt the need to banish popular U.S.-based social media platforms from its domestic internet. In fact, Vietnam is home to the seventh-largest population of Facebook users in the world. Yet the party has been able to maintain control over the digital sphere with alarming efficacy. Online dissent is strictly punished, thousands of pro-government commentators shape prevailing narratives, and users’ activities are intensely monitored.