Open AccessVietnamese Commercial Banks in Global Integration Context: Opportunities, Challenges and Recommendations
Author(s) -
Ha Thi Thuy Van,
Dam Bich Ha,
Hoang Thi Ha
Publication year - 2017
Publication title -
accounting and finance research
Language(s) - English
Resource type - Journals
eISSN - 1927-5994
pISSN - 1927-5986
DOI - 10.5430/afr.v6n3p184
Subject(s) - vietnamese , business , competition (biology) , context (archaeology) , finance , financial services , financial system , ecology , paleontology , philosophy , linguistics , biology
In the context of integration, Vietnam has held increasing attraction for investors in many fields including that of providing financial services from Vietnamese commercial banks. Therefore, the commercial banking system needs to be prepared for competition as the number of foreign banks investing in Vietnam is on the rise. In particular, with the implementation of the international commitments in the financial sector, the commercial banking system in Vietnam will have a lot of opportunities as well as challenges. The purpose of this study is to propose opportunities, challenges and some recommendations for sustainable development of the commercial banking system in Vietnam.