The authors aim at investigating factors driving and hindering financial inclusion in Vietnam. The dataset was achieved from the 2017 Global Financial Inclusion (Global Findex) Database of Vietnam along with two probit regressions were used to indentify factors driving access to formal financial system. The results showed that key obstacles to have a formal account are income shortage, education attainment, geographical location and individual perceptions. Converserly, age made a huge indicator of usage of formal financial services. Based on these findings, some recommendations were proposed to enhance financial inclusion for people in emerging countries such as Vietnam.
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