Vietnam banking Dealbook: ACB, MHB, MBB, STB

A number of Vietnamese commercial banks have released their operating plans for the fiscal year of 2015; the banks expect to make some changes in both personnel and financial indicators. At the same time, the number of banks in the system might be reduced in the next couple of years, as many are looking to merge to each other to form bigger lenders. Those included Mekong Housing Bank merging with the Bank for Investment and Development of Vietnam, and Southern Bank merging with Sacombank.