Bank of Boston Corp. announced that it has been chosen by Vietnam's leading state bank as financial adviser for the restructuring of that government's foreign commercial debt.

In May, the Vietnamese government had reached an "agreement in principal" on a restructuring of its commercial bank debt.

Peter Allen, a managing director and head of emerging-markets research at Bank of Boston, is the bank's principal adviser to the Vietnamese government.

Mr. Allen had held a similar position of financial adviser for the Polish and Panamanian governments.

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