9/16/2009 1:55:48 PM

Two foreign banks operating in Vietnam have been permitted to launch additional services in the country, the State Bank of Vietnam announced on September 14.

The Turkish Deutsche Bank AG’s branch in Ho Chi Minh City was okayed to provide customers services such as advice on bond issues, guaranteeing issues, and brokering the issuance and payment of bonds in every region in Vietnam .

The bank branch will be responsible for implementing current Vietnamese as well as international regulations related to its services.

The branch of the Mizuho Corporate Bank Ltd in Hanoi was also given the go ahead to launch domestic and export-import payment services under Vietnam ’s current regulations.

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