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The Role of Foreign Financial Institutions in the Development of Financial Market in Vietnam and France

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The Role of Foreign Financial Institutions in the Development of Financial Market in Vietnam and France
The Role of Foreign Financial Institutions in the Development of Financial Market in Vietnam and France

Table of Content
i. Introduction ii. An overview of the finance market in Vietnam iii. Foreign financial institutions roles in Vietnam iv. Foreign financial institutions roles in Vietnam in France
v. How to understand the functioning of a trading room vi. Problem vii. Outline of the thesis viii. Reference

Introduction
In recent years, Vietnam has experienced successful economic growth and integration into the regional economy. Contributing to these results, we must mention the role of banking and financial sector-the nervous system of the economy. While domestic financial institutions continue to maintain a key position in the economy, foreign financial institutions (IFE), not to strengthen their position not in the financial market development and bring their considerable contributions to economic growth.

As part of this speech, I wish to address certain issues related to the presence of foreign financial institutions in Vietnam. A good understanding of their roles and their position in the financial and monetary system of Vietnam and accurate assessment of their impacts on market development, we help establish development policies and to better prepare for economic integration.

An overview of the finance market in Vietnam
For the implementation of the policy of openness and renovation, the Vietnamese economy is changing from planned economy to that of transition under the socialist orientation. By taking several measures and deeper reforms, financial sector and monetary policy has given its contribution to economic stability to the requisition of the objectives of Economic Development. With the enactment of the Banking Act and the Financial Institutions Act 1997, legislation for banking is becoming more sophisticated.
The renewal policy by the State Bank has provided very favorable results in financial market development and

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