The impact o f the Trans-Pacific Partnership Agreement (TPP) to Vietnam's banking sector (research some cases about private banks and joint stock banks o f Vietnam

Abstract

The key findings of this study are summarized below: The knowledge of bank’s representatives about TPP agreement is good. A11 the respondents also affirm that TPP is an important agreement for Vietnam which can creates both positive and negative sides on banking sector. The banking aspects that are affected by TPP agreement include: legal aspect, investment aspect, market access aspect and bank restructuring. In which, bank restructuring is considered as one of the aspects that is affected most because the impacts TPP creates for this aspect can be beyond the control of the government. Besides, the necessity of Vietnam bank restructuring is emphasized when Vietnam’s banks still exist weaknesses that need to be overcome especially Vietnam is going to the deeper step in integration process with powerful countries.