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  5. "Đó là ngân hàng tư nhân lớn …

"Đó ngân hàng nhân lớn nhất Việt Nam."

Translation:That is the biggest private bank in Vietnam.

April 27, 2016



What exactly is meant by 'ngân hàng tư nhân'? A bank in whose operations the government may not intervene?


No, it just means privately owned. In Vietnam, for a long time, all banks were owned and operated by the government.


I see. That is kind of what I was getting at, because I assume that privately owned institutions do not allow the government to intervene in their operations. I was just ignorant of the fact that such institutions existed in Vietnam, although, as you say, it is a recent development.


I suppose the opposite to this would be 'công cộng'?

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