TITLE

Risks To Banking Sector To Rise In 2010

PUB. DATE
January 2010
SOURCE
Asia Monitor: South East Asia Monitor Volume 1;Jan2010, Vol. 21 Issue 1, p1
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article presents the rising risks in the banking sector in Vietnam for 2010. It states that banking industry will be suffered as monetary and fiscal policy tighten. It cites that most of Vietnamese banks have obtained remarkable profit inspite of the dropped off in real gross domestic product (GDP) growth to 4.6%. It explains that the State Bank of Vietnam remained failure in creating effective regulatory framework to manage bigger financial strains to the industry.
ACCESSION #
46793798

 

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