The Latest Breaking News from Jens Lottner

Foreign banks eye bigger Vietnam role as growth ambitions fuel funding crunch

HANOI - Foreign banks are seeking a bigger foothold in Vietnam by ‌extending hard-currency loans to local lenders squeezed between rising domestic funding costs and government pressure to expand credit to meet ambitious economic growth targets, bankers and analysts said.

Bangkok Post · Aug 13

Vietnam has to find $200 billion to fund its ambitious growth agenda. Techcombank’s CEO thinks that has to come from overseas

“There’s no way all these infrastructure investments can be financed by the local banking ecosystems,” Lottner says. “Vietnam’s deposit-generating capacity just isn’t big enough.”

Fortune · Jun 16

Vietnam's Techcombank reports a 20% jump in profit

The bank targets younger Vietnamese and its growth was driven by loans and wealth management services.

Fortune · Jan 21, 2025