Joint Stock Commercial Bank for Foreign Trade of Vietnam - Company Profile
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Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) offers retail banking, commercial banking and related financial services. Adequate capital, non-interest income, and net interest margin are some of its major strengths, even as deteriorated asset quality, could be a cause for concern. Growing markets for payment channels, short term economic outlook and the emergence of FinTech could offer ample growth opportunities to the bank. However, emergence of Neobanks, competition and risks related to online identity theft and hacking could pose various challenges to the bank.
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