IDEAS home Printed from https://ideas.repec.org/a/bas/econst/y2016i4p181-191.html
   My bibliography  Save this article

Vietnam’s Banking Sector Development over Three Decades of Economic Renovation: Achievements, Challenges, and Policy Solutions

Author

Listed:
  • LE Xuan Sang

Abstract

Over the three decades of economic renovation, Vietnam banking sector has been reformed in market-oriented directions and in compliance with international financial standards. The context of deeper financial integration requires a more efficient, resilient and competitive banking sector in the country. For this purposes, in the years to come, the following regulatory measures should be taken into consideration: (1) strengthening the autonomy and capability for the SBV; (2) continuing process of financial restructuring and liberalization to further improve the competitive market behavior; (3) promoting prudent risk management and supervision; (4) cooperating proactively, actively with other countries to cope with common financial risks at regional level; and (5) building a more concrete framework and appropriate roadmap to improve the convertibility of the national currency (Vietnam Dong).

Suggested Citation

  • LE Xuan Sang, 2016. "Vietnam’s Banking Sector Development over Three Decades of Economic Renovation: Achievements, Challenges, and Policy Solutions," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 181-191.
    • Handle: RePEc:bas:econst:y:2016:i:4:p:181-191
    as

    Download full text from publisher

    File URL: https://www.ceeol.com/search/article-detail?id=422553
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Le, Trung H., 2014. "Market concentration and competition in Vietnamese banking sector," MPRA Paper 57406, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Man Ha & Christopher Gan & Cuong Nguyen & Patricia Anthony, 2021. "Self-Organising (Kohonen) Maps for the Vietnam Banking Industry," JRFM, MDPI, vol. 14(10), pages 1-18, October.
    2. Huong, Pham Thu, 2022. "Foreign bank penetration in Vietnam following Vietnam’s accession to the WTO: matching expectations with reality," OSF Preprints fkhbt, Center for Open Science.

    More about this item

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bas:econst:y:2016:i:4:p:181-191. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Diana Dimitrova (email available below). General contact details of provider: https://edirc.repec.org/data/ikbasbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.