EMPLOYING BALANCE SHEET APPROACH AND EXPLORATORY FACTOR ANALYSIS TO EXAMINE THE FINANCIAL INSTABILITY OF VIETNAM
- University of Economics and Law, VNU HCM
Correspondence to:
Son Hung Tran,
University of Economics and Law, VNU HCM.
Email:
pvphuc@vnuhcm.edu.vn.
Published:
2015-06-30
Abstract
This paper examines the financial instability of Vietnam using the balance sheet approach and exploratory factor analysis. We found that the deterioration in financial and non-financial sector balance sheets as well as fiscal deficit resulted in financial instability of Vietnam, thereby offering some suggestions to stabilize the Vietnamese financial system.