Swiss private bank Bordier & Cie Singapore (Bordier) has entered the Vietnamese market via an agreement with Hanoi’s Military Commercial Joint Stock Bank (MB).

The partnership, called “MB in Association with Bordier”, is designed to benefit both entities, with Bordier sharing its expertise while gaining access to the relatively untapped market of Vietnamese high net worth clients.

“The inked deal sets MB apart as one of the first banks in Vietnam to make an official foray into the private banking business that is...