If Vietnam's banking system very badly affected by the global financial crisis of 2007-2008 lasts, the extent of this impact is negligible in some ASEAN countries. One important reason is that the banking system in the country was experiencing a "purifying" the following deep financial and monetary crisis in 1997-1998.The chart below shows, the proportion of credit economy than GDP in several countries such as Malaysia, Thailand, Philippines, Indonesia reached the Summit in the years 1997-1998 and then go down significantly.While the Singapore economy credit hold relatively stable growth, so does Vietnam have the expanded significantly from 1998 to the present, and the trend compared to the rest of ASEAN. Credit rate the economy than Vietnam's GDP ranked third among ASEAN countries (Thailand, Malaysia, Vietnam, Singapore, the Philippines, Indonesia).
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