The objective of this paper is to examine the role of the banking system in the growth of the Vietnamese economy in the process of the transition that started in the early 1990s. An ARDL approach-based multivariate regression technique is applied to shed light on the impact on the growth of...

A number of studies have found that more flexible exchange rate regimes tend to be associated with greater inflation persistence. This paper investigates whether this finding is applicable to Vietnam from 1992 to 2010. We find no evidence to suggest that inflation persistence in Vietnam was...