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In 1986, Vietnam initiated its extensive economic reform program,
known as Doi Moi, which saved the country - then in a devastating
economic crisis - from a collapse. The introduction of market
system has brought back substantial changes in both people's life
and the national economy. Market mechanism, commercial
institutions, private properties and capital goods ownership, free
trade... have since come into existence. Gradually, financial
markets have grown up to be a critically component of Vietnam's
economic transition. This book provides some in-depth introduction
and analysis of Vietnam's financial markets with emphasis on
corporate debts and equity, gold and foreign exchange. It may be
regarded as one of the most important contributions to the
literature of Vietnam's financial economics, thus far. It contains
original research results, which should benefit readers with
interest in understanding the contemporary issues of Vietnam's
economy, for either business or academic purposes. In addition,
policy makers and international donors could also find its insights
and implications useful; many of which are original and supported
by empirical evidences.
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