Current constraints of Vietnamese banking system

This paper presents a short discussion on the weaknesses of the banking system in Vietnam. Using focus group approach, the author has analyzed four important areas of weakness, including (i) maturity mismatching, liquidity and social costs; (ii) poor governance and risk of loan losses; (iii) strategy arid products; (iv) state batik's dependence. The author believes that the first step in restructuring should be building a set of operational standards based on Vietnam context, instead of applying theoretically international experience.