High Performance in Vietnam: The Case of the Vietnamese Banking Industry

André de Waal · Hai Quoc Duong

34 citations0/0 files storedJournal of Transnational Management

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Banking Sector Performance and Management Banking stability, regulation, efficiency Banking Systems and Strategies

Abstract

Since Vietnam joined the World Trade Organization (WTO) in January 2007, the country has faced a number of challenges to comply with WTO requirements. One of these challenges was to reorganize Vietnam's banking sector so it would comply with WTO commitments, entailing that banks from other countries are now allowed to do business in Vietnam with the same rights and privileges as local banks. This spurred Vietnamese banks to improve their competitiveness and increase their performance, as otherwise they would inevitably lag behind foreign competitors. The research described in this article was aimed at finding the factors that make Vietnamese banks excellent.

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References

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