Vietnam: Selected Issues
This Selected Issues paper analyzes performance of the Vietnamese economy during the 1990s. It reviews recent monetary and banking developments, and provides an assessment of the main problems in the banking sector. The paper highlights that during the late 1990s, Vietnam's banking sector came under mounting pressure from the slowdown in growth and the weakening financial position of state-owned enterprises. In addition, problems emerged from banks' large foreign exchange exposure, accumulation of nonperforming loans, weak capital base, and low profitability.
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Volume/Issue:
Volume 1999
Issue 055
Publication date: July 1999
ISBN: 9781451840155
$20.00
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Topics covered in this book
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Business and Economics , Banks and Banking , Exports and Imports , Economics- Macroeconomics , Taxation - General , ISCR , CR , enterprise , FDI inflow , Vietnam , bank , banking system reform , SOE reform , reform effort , banking reform , Foreign direct investment , Commercial banks , Loans , Tariffs , Public enterprises , Eastern Europe , Australia and New Zealand , Asia and Pacific
Summary
This Selected Issues paper analyzes performance of the Vietnamese economy during the 1990s. It reviews recent monetary and banking developments, and provides an assessment of the main problems in the banking sector. The paper highlights that during the late 1990s, Vietnam’s banking sector came under mounting pressure from the slowdown in growth and the weakening financial position of state-owned enterprises. In addition, problems emerged from banks’ large foreign exchange exposure, accumulation of nonperforming loans, weak capital base, and low profitability.
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