Financial Sector Assessment : Vietnam
Vietnam has achieved remarkable progress since the start of its transition from a centrally planned economy in the mid-1980s. The Economic Renovation Policy announced in December 1986 marked the transition from a centrally planned economy to a mixe...
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| Format: | Financial Sector Assessment Program (FSAP) |
| Language: | English en_US |
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Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/06/20375067/vietnam-financial-sector-assessment http://hdl.handle.net/10986/20583 |
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okr-10986-20583 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCESS TO INSURANCE ACCOUNT HOLDERS ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING STANDARD ACCOUNTING STANDARDS ASSET MANAGEMENT ASSET VALUES AUCTION BALANCE SHEETS BANK DEPOSIT BANK DEPOSITS BANK PAYMENT BANKING ASSETS BANKING LAW BANKING REGULATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BENCHMARK YIELD BENCHMARK YIELD CURVE BENEFICIARIES BLUE CHIPS BOND BOND FUNDS BOND MARKET BOND MARKET DEVELOPMENT CAPITAL ADEQUACY CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL BANK CENTRAL GOVERNMENT DEBT CENTRAL SECURITIES DEPOSITORY COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANKING COMMERCIAL BANKS COMPENSATION FUND CONFLICTS OF INTEREST CONSUMER PROTECTION CORPORATE BOND CORPORATE BOND MARKET CREDIT BUREAU CREDIT BUREAUS CREDIT DECISIONS CREDIT GROWTH CREDIT INFORMATION CREDIT INSTITUTIONS CREDIT LINES CREDIT QUALITY CREDIT RATIONING CREDIT REPORTING CREDIT REPORTING SYSTEM CREDIT RISK CREDITOR CREDITOR RIGHTS CREDITORS DEBT DEBT COLLECTION DEBT COLLECTION CASES DEBT SERVICE DEBTOR DEBTORS DEBTS DEPOSIT DEPOSIT ACCOUNT DEPOSIT INSURANCE DEPOSITS DEVELOPMENT BANK DISCLOSURE REQUIREMENTS ECONOMIC DEVELOPMENT ENFORCEMENT MECHANISMS EQUITIES EQUITY MARKET EQUITY MARKET CAPITALIZATION EQUITY MARKETS FINANCIAL DEVELOPMENT FINANCIAL DISTRESS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL STATEMENTS FINANCIAL SYSTEM FIXED INCOME FIXED INCOME MARKET FLOATING RATE FLOW OF CREDIT FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FRAUD GOVERNMENT BOND GOVERNMENT BOND MARKET GOVERNMENT BONDS GOVERNMENT DEBT MARKET GUARANTEE FUND HOUSING FINANCE ILLIQUIDITY INCOME SECURITIES INITIAL PUBLIC OFFERING INITIAL PUBLIC OFFERINGS INSTITUTIONAL INVESTOR INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE MARKET INSURANCE PRODUCTS INTEREST RATE PRODUCTS INTEREST RATE RISK INTEREST RATES INVESTMENT POLICY INVESTOR BASE INVESTOR EDUCATION IPO ISSUANCE JUDICIAL PROCESS LACK OF TRANSPARENCY LEGAL FRAMEWORK LENDERS LEVELS OF COLLATERAL LIABILITY LIFE INSURANCE LIQUIDATION LIQUIDITY LIQUIDITY POSITIONS LIQUIDITY RISK LOAN LOAN CLASSIFICATION LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOCAL GOVERNMENTS LONG-TERM FINANCE MACROECONOMIC POLICIES MACROECONOMIC VOLATILITY MARKET CONDITIONS MARKET CONFIDENCE MARKET DEPTH MARKET DISTORTIONS MARKET INFRASTRUCTURE MARKET INFRASTRUCTURES MARKET INTEREST RATE MARKET PARTICIPANTS MARKET PLAYERS MATURITY MICRO-FINANCE MICRO-FINANCE INSTITUTION MONETARY FUND MONETARY POLICIES MORTGAGE MOVABLE ASSETS MUTUAL FUND MUTUAL FUND INDUSTRY MUTUAL FUNDS NON-PERFORMING LOANS NPL OPERATIONAL INDEPENDENCE PAYMENT SYSTEM PENSION PENSION FUNDS PORTFOLIO POSTAL SAVINGS PRICE DISCOVERY PRIMARY DEALER PRIMARY DEALER SYSTEM PRIMARY MARKET PRIMARY MARKETS PRIVATE SALE PROVISION OF CREDIT PROVISIONING RULES PRUDENTIAL REGULATIONS PRUDENTIAL SUPERVISION PUBLIC INVESTMENT PUBLIC MARKET REAL ESTATE COLLATERAL REAL ESTATE LENDING REAL ESTATE LOANS REGISTRATION SYSTEM REGULATORY FRAMEWORK RESERVES RETAIL INVESTORS RISK MANAGEMENT SAFETY NET SAVINGS INSTRUMENTS SAVINGS RATIO SECONDARY MARKET SECONDARY MARKETS SECURITIES SECURITIES MARKET SECURITIES MARKETS SECURITIES TRANSACTIONS SECURITY INTERESTS SEIZURE SETTLEMENT SETTLEMENT SYSTEM SETTLEMENT SYSTEMS SOLVENCY SOURCE OF CREDIT STATE AUDIT OFFICE STATE BANK STOCK EXCHANGE STOCK EXCHANGES STRATEGIC INVESTORS SUPERVISORY AGENCIES SUPERVISORY AUTHORITY TERRORISM TRADING TRANSACTION TRANSACTION COSTS TREASURY TREASURY BONDS UNDERLYING ASSETS UNSECURED CLAIMS VALUATION |
| spellingShingle |
ACCESS TO INSURANCE ACCOUNT HOLDERS ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING STANDARD ACCOUNTING STANDARDS ASSET MANAGEMENT ASSET VALUES AUCTION BALANCE SHEETS BANK DEPOSIT BANK DEPOSITS BANK PAYMENT BANKING ASSETS BANKING LAW BANKING REGULATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BENCHMARK YIELD BENCHMARK YIELD CURVE BENEFICIARIES BLUE CHIPS BOND BOND FUNDS BOND MARKET BOND MARKET DEVELOPMENT CAPITAL ADEQUACY CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL BANK CENTRAL GOVERNMENT DEBT CENTRAL SECURITIES DEPOSITORY COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANKING COMMERCIAL BANKS COMPENSATION FUND CONFLICTS OF INTEREST CONSUMER PROTECTION CORPORATE BOND CORPORATE BOND MARKET CREDIT BUREAU CREDIT BUREAUS CREDIT DECISIONS CREDIT GROWTH CREDIT INFORMATION CREDIT INSTITUTIONS CREDIT LINES CREDIT QUALITY CREDIT RATIONING CREDIT REPORTING CREDIT REPORTING SYSTEM CREDIT RISK CREDITOR CREDITOR RIGHTS CREDITORS DEBT DEBT COLLECTION DEBT COLLECTION CASES DEBT SERVICE DEBTOR DEBTORS DEBTS DEPOSIT DEPOSIT ACCOUNT DEPOSIT INSURANCE DEPOSITS DEVELOPMENT BANK DISCLOSURE REQUIREMENTS ECONOMIC DEVELOPMENT ENFORCEMENT MECHANISMS EQUITIES EQUITY MARKET EQUITY MARKET CAPITALIZATION EQUITY MARKETS FINANCIAL DEVELOPMENT FINANCIAL DISTRESS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL STATEMENTS FINANCIAL SYSTEM FIXED INCOME FIXED INCOME MARKET FLOATING RATE FLOW OF CREDIT FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FRAUD GOVERNMENT BOND GOVERNMENT BOND MARKET GOVERNMENT BONDS GOVERNMENT DEBT MARKET GUARANTEE FUND HOUSING FINANCE ILLIQUIDITY INCOME SECURITIES INITIAL PUBLIC OFFERING INITIAL PUBLIC OFFERINGS INSTITUTIONAL INVESTOR INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE MARKET INSURANCE PRODUCTS INTEREST RATE PRODUCTS INTEREST RATE RISK INTEREST RATES INVESTMENT POLICY INVESTOR BASE INVESTOR EDUCATION IPO ISSUANCE JUDICIAL PROCESS LACK OF TRANSPARENCY LEGAL FRAMEWORK LENDERS LEVELS OF COLLATERAL LIABILITY LIFE INSURANCE LIQUIDATION LIQUIDITY LIQUIDITY POSITIONS LIQUIDITY RISK LOAN LOAN CLASSIFICATION LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOCAL GOVERNMENTS LONG-TERM FINANCE MACROECONOMIC POLICIES MACROECONOMIC VOLATILITY MARKET CONDITIONS MARKET CONFIDENCE MARKET DEPTH MARKET DISTORTIONS MARKET INFRASTRUCTURE MARKET INFRASTRUCTURES MARKET INTEREST RATE MARKET PARTICIPANTS MARKET PLAYERS MATURITY MICRO-FINANCE MICRO-FINANCE INSTITUTION MONETARY FUND MONETARY POLICIES MORTGAGE MOVABLE ASSETS MUTUAL FUND MUTUAL FUND INDUSTRY MUTUAL FUNDS NON-PERFORMING LOANS NPL OPERATIONAL INDEPENDENCE PAYMENT SYSTEM PENSION PENSION FUNDS PORTFOLIO POSTAL SAVINGS PRICE DISCOVERY PRIMARY DEALER PRIMARY DEALER SYSTEM PRIMARY MARKET PRIMARY MARKETS PRIVATE SALE PROVISION OF CREDIT PROVISIONING RULES PRUDENTIAL REGULATIONS PRUDENTIAL SUPERVISION PUBLIC INVESTMENT PUBLIC MARKET REAL ESTATE COLLATERAL REAL ESTATE LENDING REAL ESTATE LOANS REGISTRATION SYSTEM REGULATORY FRAMEWORK RESERVES RETAIL INVESTORS RISK MANAGEMENT SAFETY NET SAVINGS INSTRUMENTS SAVINGS RATIO SECONDARY MARKET SECONDARY MARKETS SECURITIES SECURITIES MARKET SECURITIES MARKETS SECURITIES TRANSACTIONS SECURITY INTERESTS SEIZURE SETTLEMENT SETTLEMENT SYSTEM SETTLEMENT SYSTEMS SOLVENCY SOURCE OF CREDIT STATE AUDIT OFFICE STATE BANK STOCK EXCHANGE STOCK EXCHANGES STRATEGIC INVESTORS SUPERVISORY AGENCIES SUPERVISORY AUTHORITY TERRORISM TRADING TRANSACTION TRANSACTION COSTS TREASURY TREASURY BONDS UNDERLYING ASSETS UNSECURED CLAIMS VALUATION World Bank Financial Sector Assessment : Vietnam |
| geographic_facet |
East Asia and Pacific Vietnam |
| description |
Vietnam has achieved remarkable progress
since the start of its transition from a centrally planned
economy in the mid-1980s. The Economic Renovation Policy
announced in December 1986 marked the transition from a
centrally planned economy to a mixed economy with greater
reliance on markets and increased participation of private
financial and non-financial institutions. These reforms
contributed to an impressive performance in the last two
decades, since 1990 the annual GDP growth has exceed 7
percent and per capita income has increased three-fold. This
Financial Sector Assessment Program (FSAP) provides a broad
set of policy recommendations that can be used to
operationalize the SEDP and the banking restructuring
program. The recommendations fall into three groups: (i) a
plan to work out the large stock of existing NPLs; (ii)
measures to ensure sound new flows of finance and prevent
the accumulation of additional NPLs; and (iii) a set of
policy steps designed to protect the financial sector during
the envisaged reform period. For each group of measures, the
plan identifies pre-conditions (first phase) and sub-sets of
measures that needs to be implemented in the short run
(second phase) as well as those that can be phased in over
the medium term (third phase). |
| format |
Economic & Sector Work :: Financial Sector Assessment Program (FSAP) |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Financial Sector Assessment : Vietnam |
| title_short |
Financial Sector Assessment : Vietnam |
| title_full |
Financial Sector Assessment : Vietnam |
| title_fullStr |
Financial Sector Assessment : Vietnam |
| title_full_unstemmed |
Financial Sector Assessment : Vietnam |
| title_sort |
financial sector assessment : vietnam |
| publisher |
Washington, DC |
| publishDate |
2014 |
| url |
http://documents.worldbank.org/curated/en/2014/06/20375067/vietnam-financial-sector-assessment http://hdl.handle.net/10986/20583 |
| _version_ |
1764445794822258688 |
| spelling |
okr-10986-205832021-04-23T14:03:56Z Financial Sector Assessment : Vietnam World Bank ACCESS TO INSURANCE ACCOUNT HOLDERS ACCOUNTING ACCOUNTING FRAMEWORK ACCOUNTING STANDARD ACCOUNTING STANDARDS ASSET MANAGEMENT ASSET VALUES AUCTION BALANCE SHEETS BANK DEPOSIT BANK DEPOSITS BANK PAYMENT BANKING ASSETS BANKING LAW BANKING REGULATION BANKING SECTOR BANKING SYSTEM BANKRUPTCY BANKRUPTCY LAW BENCHMARK YIELD BENCHMARK YIELD CURVE BENEFICIARIES BLUE CHIPS BOND BOND FUNDS BOND MARKET BOND MARKET DEVELOPMENT CAPITAL ADEQUACY CAPITAL MARKET CAPITAL MARKET DEVELOPMENT CAPITAL MARKETS CENTRAL BANK CENTRAL GOVERNMENT DEBT CENTRAL SECURITIES DEPOSITORY COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANKING COMMERCIAL BANKS COMPENSATION FUND CONFLICTS OF INTEREST CONSUMER PROTECTION CORPORATE BOND CORPORATE BOND MARKET CREDIT BUREAU CREDIT BUREAUS CREDIT DECISIONS CREDIT GROWTH CREDIT INFORMATION CREDIT INSTITUTIONS CREDIT LINES CREDIT QUALITY CREDIT RATIONING CREDIT REPORTING CREDIT REPORTING SYSTEM CREDIT RISK CREDITOR CREDITOR RIGHTS CREDITORS DEBT DEBT COLLECTION DEBT COLLECTION CASES DEBT SERVICE DEBTOR DEBTORS DEBTS DEPOSIT DEPOSIT ACCOUNT DEPOSIT INSURANCE DEPOSITS DEVELOPMENT BANK DISCLOSURE REQUIREMENTS ECONOMIC DEVELOPMENT ENFORCEMENT MECHANISMS EQUITIES EQUITY MARKET EQUITY MARKET CAPITALIZATION EQUITY MARKETS FINANCIAL DEVELOPMENT FINANCIAL DISTRESS FINANCIAL INFRASTRUCTURE FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKET FINANCIAL STATEMENTS FINANCIAL SYSTEM FIXED INCOME FIXED INCOME MARKET FLOATING RATE FLOW OF CREDIT FOREIGN BANKS FOREIGN CURRENCY FOREIGN EXCHANGE FRAUD GOVERNMENT BOND GOVERNMENT BOND MARKET GOVERNMENT BONDS GOVERNMENT DEBT MARKET GUARANTEE FUND HOUSING FINANCE ILLIQUIDITY INCOME SECURITIES INITIAL PUBLIC OFFERING INITIAL PUBLIC OFFERINGS INSTITUTIONAL INVESTOR INSTITUTIONAL INVESTORS INSURANCE INSURANCE COMPANIES INSURANCE MARKET INSURANCE PRODUCTS INTEREST RATE PRODUCTS INTEREST RATE RISK INTEREST RATES INVESTMENT POLICY INVESTOR BASE INVESTOR EDUCATION IPO ISSUANCE JUDICIAL PROCESS LACK OF TRANSPARENCY LEGAL FRAMEWORK LENDERS LEVELS OF COLLATERAL LIABILITY LIFE INSURANCE LIQUIDATION LIQUIDITY LIQUIDITY POSITIONS LIQUIDITY RISK LOAN LOAN CLASSIFICATION LOAN PORTFOLIO LOAN PORTFOLIOS LOCAL BANKS LOCAL GOVERNMENTS LONG-TERM FINANCE MACROECONOMIC POLICIES MACROECONOMIC VOLATILITY MARKET CONDITIONS MARKET CONFIDENCE MARKET DEPTH MARKET DISTORTIONS MARKET INFRASTRUCTURE MARKET INFRASTRUCTURES MARKET INTEREST RATE MARKET PARTICIPANTS MARKET PLAYERS MATURITY MICRO-FINANCE MICRO-FINANCE INSTITUTION MONETARY FUND MONETARY POLICIES MORTGAGE MOVABLE ASSETS MUTUAL FUND MUTUAL FUND INDUSTRY MUTUAL FUNDS NON-PERFORMING LOANS NPL OPERATIONAL INDEPENDENCE PAYMENT SYSTEM PENSION PENSION FUNDS PORTFOLIO POSTAL SAVINGS PRICE DISCOVERY PRIMARY DEALER PRIMARY DEALER SYSTEM PRIMARY MARKET PRIMARY MARKETS PRIVATE SALE PROVISION OF CREDIT PROVISIONING RULES PRUDENTIAL REGULATIONS PRUDENTIAL SUPERVISION PUBLIC INVESTMENT PUBLIC MARKET REAL ESTATE COLLATERAL REAL ESTATE LENDING REAL ESTATE LOANS REGISTRATION SYSTEM REGULATORY FRAMEWORK RESERVES RETAIL INVESTORS RISK MANAGEMENT SAFETY NET SAVINGS INSTRUMENTS SAVINGS RATIO SECONDARY MARKET SECONDARY MARKETS SECURITIES SECURITIES MARKET SECURITIES MARKETS SECURITIES TRANSACTIONS SECURITY INTERESTS SEIZURE SETTLEMENT SETTLEMENT SYSTEM SETTLEMENT SYSTEMS SOLVENCY SOURCE OF CREDIT STATE AUDIT OFFICE STATE BANK STOCK EXCHANGE STOCK EXCHANGES STRATEGIC INVESTORS SUPERVISORY AGENCIES SUPERVISORY AUTHORITY TERRORISM TRADING TRANSACTION TRANSACTION COSTS TREASURY TREASURY BONDS UNDERLYING ASSETS UNSECURED CLAIMS VALUATION Vietnam has achieved remarkable progress since the start of its transition from a centrally planned economy in the mid-1980s. The Economic Renovation Policy announced in December 1986 marked the transition from a centrally planned economy to a mixed economy with greater reliance on markets and increased participation of private financial and non-financial institutions. These reforms contributed to an impressive performance in the last two decades, since 1990 the annual GDP growth has exceed 7 percent and per capita income has increased three-fold. This Financial Sector Assessment Program (FSAP) provides a broad set of policy recommendations that can be used to operationalize the SEDP and the banking restructuring program. The recommendations fall into three groups: (i) a plan to work out the large stock of existing NPLs; (ii) measures to ensure sound new flows of finance and prevent the accumulation of additional NPLs; and (iii) a set of policy steps designed to protect the financial sector during the envisaged reform period. For each group of measures, the plan identifies pre-conditions (first phase) and sub-sets of measures that needs to be implemented in the short run (second phase) as well as those that can be phased in over the medium term (third phase). 2014-11-19T22:11:24Z 2014-11-19T22:11:24Z 2014-06 http://documents.worldbank.org/curated/en/2014/06/20375067/vietnam-financial-sector-assessment http://hdl.handle.net/10986/20583 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Economic & Sector Work :: Financial Sector Assessment Program (FSAP) Economic & Sector Work East Asia and Pacific Vietnam |