Financial liberalization in the context of globalization – Recommendations for Vietnam

This paper is going to clarify benefits and risks of financial liberalization, summarize the process of financial liberalization in Vietnam and give recommendations for Vietnam in the globalization process in general and financial liberalization in particular. The financial liberalization process in Vietnam will be analyzed clearly and logically. Accordingly, Vietnam should: Strengthen the efficiency of macroeconomic policies; Complete the institution and laws; Develop and complete financial markets and Improve the efficiency of using capital of the economy, etc.