Impact of Remittances on Financial Development in Vietnam
This study focuses on the impact of remittances on Vietnam’s financial development. The results drawn from its quantitative approach demonstrate that although remittance flows to the country may lead to increase in bank deposits, such increase is not high. On the other hand, reduction in credit dema...
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University of Economics Ho Chi Minh City
2023
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oai:scholar.dlu.edu.vn:DLU123456789-1154662023-03-08T03:56:18Z Impact of Remittances on Financial Development in Vietnam Pham, Thi Hoanh Oanh This study focuses on the impact of remittances on Vietnam’s financial development. The results drawn from its quantitative approach demonstrate that although remittance flows to the country may lead to increase in bank deposits, such increase is not high. On the other hand, reduction in credit demands may be subject to remittance flows, per the financial development based on a few credit growth indicators. In other words, effects of remittance flows, as indicated by VAR model, are not noticeable despite their positive impact, as in examples of increased deposits and remittance payment services on their current growth. Based on these findings, the study suggests several implications that improve the positivity of impact on the financial development. 2023-03-08T03:56:18Z 2023-03-08T03:56:18Z 2015 Article 2615-9112 http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=af474211-e7f4-4551-a5ce-2c0e1bf9bae1 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115466 10.24311/jabes/2015.22.3.02 en Journal of Asian Business and Economic Studies, Volume 22, Issue 03; p. 46-58 application/pdf University of Economics Ho Chi Minh City |
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Thư viện Trường Đại học Đà Lạt |
| collection |
Thư viện số |
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English |
| description |
This study focuses on the impact of remittances on Vietnam’s financial development. The results drawn from its quantitative approach demonstrate that although remittance flows to the country may lead to increase in bank deposits, such increase is not high. On the other hand, reduction in credit demands may be subject to remittance flows, per the financial development based on a few credit growth indicators. In other words, effects of remittance flows, as indicated by VAR model, are not noticeable despite their positive impact, as in examples of increased deposits and remittance payment services on their current growth. Based on these findings, the study suggests several implications that improve the positivity of impact on the financial development. |
| format |
Article |
| author |
Pham, Thi Hoanh Oanh |
| spellingShingle |
Pham, Thi Hoanh Oanh Impact of Remittances on Financial Development in Vietnam |
| author_facet |
Pham, Thi Hoanh Oanh |
| author_sort |
Pham, Thi Hoanh Oanh |
| title |
Impact of Remittances on Financial Development in Vietnam |
| title_short |
Impact of Remittances on Financial Development in Vietnam |
| title_full |
Impact of Remittances on Financial Development in Vietnam |
| title_fullStr |
Impact of Remittances on Financial Development in Vietnam |
| title_full_unstemmed |
Impact of Remittances on Financial Development in Vietnam |
| title_sort |
impact of remittances on financial development in vietnam |
| publisher |
University of Economics Ho Chi Minh City |
| publishDate |
2023 |
| url |
http://jabes.ueh.edu.vn/Home/SearchArticle?article_Id=af474211-e7f4-4551-a5ce-2c0e1bf9bae1 http://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/115466 |
| _version_ |
1765278374601687040 |