This paper aims at studying the restructuring of commercial banks which has been started since 2011 in Vietnam. This is considered as an active approach in restructuring the banking system in order to effectively obtain targets in the circumstance of no risk of severe crisis or recession. | Accounting and Finance Research Vol. 3, No. 2; 2014 Bank Restructuring–International Perspectives and Vietnam Practices Nguyen Hong Son1, Tran Thi Thanh Tu1 & Tran Thi Hoang Yen1 1 VNU University of Economics and Business, Viet Nam Correspondence: Tran Thi Hoang Yen, VNU University of Economics and Business, Viet Nam. E-mail: yentth@ Received: February 24, 2014 doi: Accepted: March 13, 2014 Online Published: March 14, 2014 URL: Abstract This paper aims at studying the restructuring of commercial banks which has been started since 2011 in Vietnam. This is considered as an active approach in restructuring the banking system in order to effectively obtain targets in the circumstance of no risk of severe crisis or recession. The paper summarizes the international practices and experiences in bank restructuring including: (i) the concept and goals of restructuring, (ii) the circumstances and conditions of the banking system before the restructuring, (iii) the methods and implementation of restructuring, and (iv) the evaluation of the effectiveness of restructuring. By conducting a survey for bank managers, experts, policy makers and researchers, the authors show that there are still uncovered issues for policy makers currently in Vietnam bank restructure such as: which model of restructuring should be applied to Vietnamese banking system, where to get the resources to implement the restructuring, or what is the role of Debt and Asset Trading Corporation (DATC) and coordination among related parties in the restructuring. Keywords: Restructuring, Banking system, Restructuring measures 1. Introduction Through out nearly 25 years since Reformation (DoiMoi), Vietnam’s banking system has changed fundamentally along with the economy, contributing an important part in the socio-economic development of the country. However, Vietnam economy has shown several weaknesses in the pursuit of
