From Monobank to Commercial Banking : : Financial Sector Reforms in Vietnam / / Jens Kovsted, John Rand, Finn Tarp.

• Superior document: Title is part of eBook package: De Gruyter ISEAS Backlist eBook-Package 2000-2013
• VerfasserIn: Kovsted, Jens,; Rand, John,; Tarp, Finn,
• Place / Publishing House: Singapore : : ISEAS Publishing, , [2005]; ©2005
• Year of Publication: 2005
• Language: English
• Physical Description: 1 online resource (170 p.)

This study analyses the difficulties and problems encountered in transforming the Vietnamese financial sector from one that is subordinate to government objectives and goals to an autonomous sector guided by market forces and competitive pressures. Here, the history of financial sector liberalization is traced and close attention paid to the activities and autonomy of the State Bank of Vietnam, the institution responsible for the supervision and regulation of the financial sector in Vietnam. Overall, the authors argue that ensuring a timely, fair and transparent supervision and regulation of the financial sector is of central importance to financial sector development and stability. Liberalizing financial markets is not solely a question of limiting and/or restricting government influence but may in fact involve the opposite, the influence and power of supervisory and regulatory institutions in many cases needing to be strengthened.

Table of Contents

Frontmatter -- Contents -- LIST OF TABLES -- Abbreviations -- Preface -- Introduction -- CHAPTER 1. Central planning and the first phase of reforms -- CHAPTER 2. The East Asian Financial Crisis and its aftermath, 1997–2003 -- CHAPTER 3. A regional comparison of bank supervision and regulation -- CHAPTER 4. The State Bank of Vietnam -- CHAPTER 5. Financial services for the agricultural sector -- CHAPTER 6. Conclusion -- Appendices -- References -- Index