Vietnam: Selected Issues and Statistical Annex

International Monetary Fund

No 1998/030, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper on Vietnam contains background material on banking sector reform, state enterprise reform, external trade liberalization, and tax reform. The paper highlights that banking sector reforms in Vietnam were focused on the creation of a two-tier banking system, the establishment of private sector banks, rationalization of the interest rate structure, and improvements in prudential and supervisory regulations. However, state commercial banks still dominate the banking system. Nonperforming loans are increasing, monetary policy continues to rely heavily on direct controls, and money markets remain rudimentary.

Keywords: ISCR; CR; foreign direct investment; staff estimate; state enterprise; GDP deflator; unit value; income tax; foreign direct investment loan; Commercial banks; Agroindustries; Credit; Agricultural sector; Income and capital gains taxes (search for similar items in EconPapers)
Pages: 66
Date: 1998-04-15
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Citations: View citations in EconPapers (3)

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