South Korea's Busan Bank open for business in Ho Chi Minh City

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The move is aimed at supporting South Korean investors in Vietnam, according to the State Bank of Vietnam.

Busan Bank has opened a branch in Ho Chi Minh City to support South Korean investors. Photo by thoibaonganhang.vn

Busan Bank Co., Ltd - Ho Chi Minh City Branch has charter capital of $35 million and has been granted a license that is valid for 99 years.

The branch is permitted to conduct commercial banking operations in line with the law and SBV regulations.