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SINGAPORE-VIETNAM TIES

GIC aiming for 7.73% stake in Vietcombank

38363243 - 13_05_2016 - gicbook.jpg
Singapore's sovereign wealth fund GIC is looking to place its first significant direct investment in a commercial bank in Vietnam with a proposed 7.73 per cent stake in Vietcombank.

Singapore

SINGAPORE'S sovereign wealth fund GIC is looking to place its first significant direct investment in a commercial bank in Vietnam with a proposed 7.73 per cent stake in Vietcombank.

This comes as GIC looks to emerging markets to boost portfolio returns. If completed, the...

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