GE Money (GE Consumer Finance) to start operating in Vietnam

HANOI -(Dow Jones)- The State Bank of Vietnam, or the country’s central bank, said over the weekend that it has allowed GE Consumer Finance, or GE Money, to start operating in the country.

“The SBV has issued a license to establish GE Money Vietnam Finance Co. Ltd, or GEMVF, with its office in Ho Chi Minh City,” the SBV said in a statement published on its Web site.

Read more …