Vietnam index falls 0.5 pct, banks lead

April 21, 2015 8:30 AM

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HANOI, April 21 (Reuters) - Vietnam's benchmark VN Index fell 0.5 percent at the close on Tuesday, with all banking shares heading south despite a government's plan to loosen foreign ownership limit in banks.

Vietcombank, Vietnam's top lender by market value, fell 1.61 percent, while Hanoi-based BIDV lost 1.57 percent and VietinBank, the country's biggest partly-private lender by assets, ticked down 0.55 percent. The government will soon issue a decree to permit foreigners to buy stakes "above the curren...

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