Restructuring an Emerging Market Banking Sector: The Case of Vietnam
Journal of Finance and Accounting
Volume 5, Issue 6, November 2017, Pages: 219-228
Received: Oct. 30, 2017; Accepted: Nov. 10, 2017; Published: Dec. 23, 2017
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Authors
Ngoc Nguyen, General Planning Department, Urban Infrastructure Development Investment Corporation, Hanoi, Vietnam
Naser Ibrahim Abumustafa, Department of Management Sciences & Finance, Al-Zahra College for Women, Muscat, Oman
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Abstract
This article examine whether Vietnam will be able to follow the reconstruction model developed by the Thai and South Korean banking industries in 1997, based on present-day Vietnam’s similarity with those two countries in 1997. Our paper also attempts to test the efficiency of the Vietnamese Asset Management Corporation [VAMC] in the banking industry restructuring process. The article use a quantitative model to test effects of the VAMC on Vietnam’s banking industry, and apply a DEA model to test the efficiency of the VAMC. The results contribute to the process of restructuring the banking industry in Vietnam, it also provide guidelines based on mathematical analysis for potential changes and improvements to both the banking industry and the bank regulatory structure in Vietnam.
Keywords
Restructuring, Emerging Markets, Banking Sector, Vietnam
To cite this article
Ngoc Nguyen, Naser Ibrahim Abumustafa, Restructuring an Emerging Market Banking Sector: The Case of Vietnam, Journal of Finance and Accounting. Vol. 5, No. 6, 2017, pp. 219-228. doi: 10.11648/j.jfa.20170506.13
Copyright
Copyright © 2017 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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