Doubts Loom over the Success of Restructuring Program

Source: www.cafeF.vn (Vietnamese)

Before applying financial reform in Vietnam, it is essential to take careful considerations regarding potential problems and consequences during the process. Dr Vu Thanh Tu Anh voiced doubts regarding the success of restructuring in public sector and commercial bank system. The main concerns were the focus of the restructuring, which should be placed on the efficiency and benefit of the entire economy rather than only the public sector, and the cost of such large scale program.