... shareholder, PetroVietnam. GPB has invested in some of PetroVietnam‟s subsidiaries, namely Global Petro Invest Corporation (GP-Invest): 9.88%, Vinashin Mineral and Petro JSC: 10%, PetroVietnam Financial ... (connected lending) without regard to the profitability and viability of the projects. 2.2. Implications for Vietnam From the lessons mentioned above, Vietnam has promulgated some regulations regarding ... company). Initially, A1 issues bonds to (or borrows from) bank B and B1 issues bonds to (or borrows from) bank A. Then, A1 and B1 can use money from bonds (or loans) to invest in bank shares...