Citigroup (C) takes a 9.9% stake in a Vietnamese brokerage firm, betting that once the...

|About: Citigroup Inc. (C)|By:, SA News Editor

Citigroup (C) takes a 9.9% stake in a Vietnamese brokerage firm, betting that once the economy’s 20% inflation slows, foreign investors will flock back to the country. Citigroup already has offices in Hanoi and Ho Chi Minh City, and offers banking services across Vietnam.