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Japan's SMBC in talks to increase stake in Vietnam's VPBank, sources say

By Francesco Guarascio and Phuong NguyenJapan's Sumitomo Mitsui Banking Corp (SMBC) is in advanced talks to increase its stake in Vietnamese private lender VPBank HOSE:VPB, four people familiar with the negotiations said.SMBC, the banking arm of Sumitomo Mitsui Financial Group TSE:8316, is discussi…

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