DOI: 10.21637/GT.2019.2.02

Attracting Foreign Capital to Viet Nam’s Banking Sector

HOANG, Uyen Ton Thanh – TATAY, Tibor

This article is an attempt to consider why foreign investments to the banking system come in or leave Viet Nam. Its main objective is to analyze what is driving foreign investors out of the Vietnamese banking sector and what could be done to keep the existing foreign players and attract the new ones. To achieve this objective, the authors first carry out a thorough review of relevant literature, which is followed by phone interviews of people working in or with the banking sector of the country. The article provides the list of main problems, which complicate attracting and keeping investors and finishes with a set of measures, which could be recommended for improving the situation.

Keywords: Viet Nam, foreign investments, banking sector, financial regulation
JEL Codes: F21, F65, G18, G21, G28

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