VietinBank May Sell Stake to Bank of Nova Scotia in Early 2012

Vietnam Joint Stock Commercial Bank for Industry & Trade, or VietinBank, may sell a 15 percent stake to Bank of Nova Scotia in early 2012, Chairman Pham Huy Hung said at a conference in Hanoi today.

The company had previously said it planned to sell the stake this year.

— With assistance by K Oanh Ha

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