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Deutsche Bank doubles down on Vietnam with USD200m capital injection


Deutsche Bank has substantially increased its capital allocation in Vietnam to over USD200m, nearly doubling previous investments. The bolstered funds will enable expanded operations in the developing Southeast Asian nation, where the German bank has seen significant growth. This follows after Deutsche Bank's Asia-Pacific revenues doubled over the last two years, with Vietnam being a pivotal contributor. Alexander von zur Muehlen, Deutsche Bank's Asia-Pacific chief executive, lauded the country's potential, stating the investment underlines their confidence in its future trajectory. Vietnam's strong economic progress has been enticing international investors, including the Adani Group, which reportedly is considering a US$3 billion investment in the nation's seaport and renewable-energy sectors.

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