Vietnam is a one party state. Does the government control the banks? | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		bsimpson 10 days ago \| parent \| context \| favorite \| on: The Vietnam government has banned rooted phones fr... Vietnam is a one party state. Does the government control the banks?

alephnerd 10 days ago [–]

Somewhat. The most popular banks are SOEs owned by ministries, but private sector banks that are local (eg. SCB) or foriegn like Shinhan or HSBC, along with private sector fintech is booming.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact