ING establishes corporate finance presence in Vietnam

ING Wholesale Banking (ING) has signed a memorandum of understanding to establish a corporate finance cooperation with Vietcombank Securities Company Ltd (VCBS), the securities and investment banking arm of Bank of Foreign Trade of Vietnam (Vietcombank), one of the countryÆs five main state-owned banks.ING will help develop and promote investment banking in the country, having previously provided technical assistance to Vietcombank."This cooperation comes as Vietnam is seeing burgeon…