HCMC – Vietnam’s central bank has announced that two struggling commercial banks, GPBank and DongA Bank, will be transferred to VPBank and HDBank, respectively. The move is part of a broader plan to restructure the banking sector. At a ceremony held in Hanoi on January 17, State Bank of Vietnam (SBV) Governor Nguyen Thi Hong emphasized the complexity and necessity of addressing weak banks to safeguard economic and monetary security, reported...