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Abstract

On November 22, 2015, ASEAN leaders signed Kuala Lumpur Declaration on the establishment of ASEAN Economic Community (AEC), to which ten ASEAN member countries would form a market of approximately 630 people since January 1, 2016. Vietnam’s enterprises in general and commercial banks in particular are expected to face both opportunities and challenges when the banking sector will be fully open and all barriers, subsidies will be removed until 2020. The paper is to analyze the performance of Vietnam’s commercial banks in comparison with those of other AEC countries’ on economic and financial criteria, thereby proposing some suggestion so as to enhance the competitiveness of Vietnam’s commercial banks.



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Article Details

Issue: Vol 19 No 1 (2016)
Page No.: 71-87
Published: Mar 31, 2016
Section: Economics, Law and Management - Research article
DOI: https://doi.org/10.32508/stdj.v19i1.529

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Creative Commons License

Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

 How to Cite
Nguyen, H. (2016). Some issues to Vietnam’s commercial banks upon Vietnam’s accession to ASEAN economic Community. Science and Technology Development Journal, 19(1), 71-87. https://doi.org/https://doi.org/10.32508/stdj.v19i1.529

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