Vietnam-Russia bank seeks role in nuclear, defence deals

April 7, 2015 10:15 AM

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HANOI, April 7 (Reuters) - The Vietnam-Russia Joint Venture Bank (VRB) is to seek approval from the Vietnamese and Russian governments to play a role in government projects in the fields of nuclear power and defence among others, Vietnamese lender BIDV said on Tuesday.

The VRB is a 50/50 joint venture established in 2006 between BIDV, or the Bank for Investment and Development of Vietnam, and Russia's second-biggest bank, VTB.

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