Vietnamese commercial banks are planning to sell a stake in their company to foreign investors to attract capital and hasten their restructuring before listing shares on the bourse. Ho Chi Minh City Development Joint Stock Commercial Bank plans to sell a 20% stake to foreign investors to reach $300 million before listing shares at the HCMC Stock Exchange by early 2018. HD Bank's deputy chair Nguyen Thi Phuong Thao said the bank would sell no more than a five percent stake to each foreign investor.

The Siam Commercial Bank Public Company Limited (SET:SCB) is also moving ahead with its plan to sell a stake to foreign investors. Vo Tan Hoang Van, Chief Executive Officer of Siam Commercial Bank said,"the bank is negotiating with foreign investors, including banks, investment funds and insurance companies from Norway, Indonesia, Taipei and China." SCB is the first Vietnamese bank to receive the government's approval to sell a 50% stake to foreign investors. It hopes to attract at least $700 million from the sale.