Vietnam: Selected Issues

International Monetary Fund

No 1999/055, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: 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 (search for similar items in EconPapers)
Pages: 72
Date: 1999-07-19
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Citations: View citations in EconPapers (10)

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