Managing the Challenges of WTO Participation 2005
DOI: 10.1017/cbo9781139030526.046
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Preparation by Vietnam's banking sector for WTO accession

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“…At the same time, these reforms are likely to have significant impacts on domestic economies: a more competitive and efficient banking sector facilitates access to and reduces the cost of credit; it is a determinant of competitiveness in other sectors, and an essential component of private sector development, growth, and economic development strategies. 10 Exploring the case of Vietnam at the eve of WTO accession, Van Sam and Thanh Thu (2005) observed that the country's banking sector had been partially reformed but remained weak ( still dominated by state-owned banks, undercapitalized and with a limited lending capacity). The authors summarized the adjustments that were needed and the benefits that were anticipated from participation in the WTO accession as follows: -…”
Section: Wto Accession and Services Reforms: The Example Of The Financial Sectormentioning
confidence: 99%
“…At the same time, these reforms are likely to have significant impacts on domestic economies: a more competitive and efficient banking sector facilitates access to and reduces the cost of credit; it is a determinant of competitiveness in other sectors, and an essential component of private sector development, growth, and economic development strategies. 10 Exploring the case of Vietnam at the eve of WTO accession, Van Sam and Thanh Thu (2005) observed that the country's banking sector had been partially reformed but remained weak ( still dominated by state-owned banks, undercapitalized and with a limited lending capacity). The authors summarized the adjustments that were needed and the benefits that were anticipated from participation in the WTO accession as follows: -…”
Section: Wto Accession and Services Reforms: The Example Of The Financial Sectormentioning
confidence: 99%