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Financial Sector Reforms in Vietnam: Selected Issues and Problems

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  • Kovsted, Jens
  • Rand, John
  • Tarp, Finn
  • Nguyen, Dinh Tai
  • Nguyen, Van Huong
  • Thao, Ta Minh

Abstract

The purpose of this report is to concentrate on performing in-depth analyses of selected issues of prominence and importance for the future success of the reform process rather than describing the current day-to-day operations and procedures in the financial sector. This eclectic approach implies that other important issues such as the development of a payment system, the state and prospects for the inter-bank markets, and the human capital and organisational issues in the state-owned banks are neglected and/or not analysed in depth. They are, however, omissions due to constraints imposed by funds and time available rather than a failure to comprehend their importance. In this context, the present report should thus be viewed as a first step towards establishing an open dialogue about the nature and speed of the financial sector reforms in Vietnam based on recurrent independent assessments of financial sector issues and problems.

Suggested Citation

  • Kovsted, Jens & Rand, John & Tarp, Finn & Nguyen, Dinh Tai & Nguyen, Van Huong & Thao, Ta Minh, 2003. "Financial Sector Reforms in Vietnam: Selected Issues and Problems," MPRA Paper 29420, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:29420
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    File URL: https://mpra.ub.uni-muenchen.de/29420/1/MPRA_paper_29420.pdf
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    Cited by:

    1. Christina Kinghan & Carol Newman & Conor M. O'Toole, 2018. "Capital allocation, credit access, and firm growth in Vietnam," WIDER Working Paper Series wp-2018-67, World Institute for Development Economic Research (UNU-WIDER).
    2. Carol Newman & Conor O’Toole & Christina Kinghan, 2018. "Capital allocation, credit access, and firm growth in Vietnam," WIDER Working Paper Series 67, World Institute for Development Economic Research (UNU-WIDER).
    3. Conor O'Toole & Carol Newman, 2012. "Investment Financing and Financial Development: Firm Level Evidence from Vietnam," The Institute for International Integration Studies Discussion Paper Series iiisdp409, IIIS.
    4. O'Toole, Conor M. & Morgenroth, Edgar L.W. & Ha, Thuy T., 2016. "Investment efficiency, state-owned enterprises and privatisation: Evidence from Viet Nam in Transition," Journal of Corporate Finance, Elsevier, vol. 37(C), pages 93-108.
    5. Mai, Nhat Chi, 2016. "Monetary policies and the macroeconomic performance of Vietnam," OSF Preprints akzy4, Center for Open Science.
    6. Finn Tarp, 2018. "Vietnam: The dragon that rose from the ashes," WIDER Working Paper Series 126, World Institute for Development Economic Research (UNU-WIDER).
    7. Conor O’Toole & Carol Newman, 2017. "Investment Financing and Financial Development: Evidence from Viet Nam," Review of Finance, European Finance Association, vol. 21(4), pages 1639-1674.

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    More about this item

    Keywords

    Financial Sector Reforms; Vietnam;

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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