House of the Year, Vietnam – BIDV

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Vo Dieu Thuy, BIDV

Bank for Investment and Development of Vietnam (BIDV) kicked off the Vietnamese derivatives market in 2006, and has remained a pioneer. The Hanoi-based firm lays claim to still having the only specialised derivatives team of any Vietnamese bank, and has been consistently building out its derivatives and structuring headcount: it now has 15 specialised staff in the bank's head office, not including branch salespeople.

This year was notable for the expansion of the bank's commodity derivative

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