Vietnamese commercial banks in globalization context: Opportunities, challenges and recommendations

In recent years, Vietnam has been increasingly integrated into the regional and global economy, has signed Free Trade Agreement (FTA), Trans-Pacific Strategic Economic Partnership (TPP) and joined the ASEAN Economic Community (AEC) which was established at the end of 2015. With the implementation of the international commitments in the financial sector, the commercial banking system in Vietnam will have a lot of opportunities as well as challenges. The purpose of this study is to propose opportunities,challenges and some recommendations for sustainable development of the commercial banking system in Vietnam.