Author:            Dr. Nguyen Ngoc Thanh, Nguyen Tuan Hung
Published in:   Journal of Science, Economics and Business
No:                   Volume 27, No. 2E,  2011, p. 121-129
Language:       English
Key words:       Ownership, banking system, impacts
Abstract:          During the economic reform process in Vietnam, the banking system including state-owned commercial banks (SOCBs) has developed significantly and played an increasingly important role in the economic growth. However, in the development process of a market economy, the Vietnamese state-owned commercial banks have faced internal limitations, of which the ownership-related limitation needs to be studied thoroughly. Following the US - Vietnam Bilateral Trade Commitment and since its accession to the WTO, the diversification of bank ownership is an inevitable trend for increased competences and competiveness. This paper addresses the following questions: How has the bank ownership changed over the past years in Vietnam? How have those changes impacted on the Vietnamese banking system? The article proposed a number of recommendations to further develop Vietnamese banking system regarding changes of bank ownership.

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