Title: Finance in Vietnam - an overview
Author: Xuan Vinh Vo
Address: School of Banking Ho Chi Minh City, University of Economics, Ho Chi Minh City, Vietnam; CFVG Ho Chi Minh City, 279 Nguyen Tri Phuong Street, District 10, Ho Chi Minh City, Vietnam
Abstract: Vietnam financial market development is an interesting topic which draws attention from many economists worldwide. In this article, we review and highlight some key financial developments in Vietnam. Particularly, we focus on reviewing recent banking system and stock market developments in Vietnam. We observe that there is a significant improvement in the Vietnam financial system in the last few decades. Obviously, the Vietnam financial market has been gradually becoming more integrated into the global market. Similar to other emerging economies, the integration process poses various challenges for the current institutional and legal framework in the financial system.
Keywords: financial developments; Vietnam; financial markets; banking industry; stock markets; emerging economies; institutional framework; legal framework; finance.
Afro-Asian J. of Finance and Accounting, 2016 Vol.6, No.3, pp.202 - 209
Submission date: 02 Mar 2016
Date of acceptance: 25 Jun 2016
Available online: 21 Sep 2016