Sumitomo Mitsui Trust Group, which has Sumitomo Mitsui Trust Bank under its umbrella, was reported to be entering Vietnam's asset management business as early as 2027, and its share price rebounded the same day. The report in this article conveys information from The Nikkei.
Sumitomo Mitsui Trust Group's share price rebounded, rising ¥26 at one point to ¥1,728. The report on market trends was based on information published in The Nikkei dated the 25th.
According to the report, the group is planning to enter Vietnam's asset management business as early as 2027, and its expansion into a new business in the country has drawn attention.
This move indicates a specific policy of entering Vietnam's asset management business, and future developments will be closely watched.