Improving Accessibility of Financial Services in the Border-Gate Areas to Facilitate Cross-Border Trade: The Case of Viet Nam and Implications for Greater Mekong Subregion Cooperation
Son, Nguyen Hong; Son, Dang Duc | October 2011
Abstract
Over the years, cross-border trade has expanded rapidly among countries in the Greater Mekong Subregion (GMS). Among the factors that contributed to this phenomenon is the application of a number of cross-border trade facilitation measures. However, the current emphasis of cross-border trade facilitation in the GMS is on customs procedures, inspection and quarantine measures, trade logistics, transport, and mobility of business people, while the important role of financial services has been, so far, overlooked. Using the case study of Viet Nam to draw implications for GMS cooperation, this paper investigates how users and providers of financial services in the border-gate areas see financial services as a factor of cross-border trade facilitation. It also examines how users and providers of financial services perceive the different dimensions of financial service accessibility and how accessibility affects customers' decisions to use financial services in the border-gate areas.
Citation
Son, Nguyen Hong; Son, Dang Duc. 2011. Improving Accessibility of Financial Services in the Border-Gate Areas to Facilitate Cross-Border Trade: The Case of Viet Nam and Implications for Greater Mekong Subregion Cooperation. © Asian Development Bank. http://hdl.handle.net/11540/945. License: CC BY 3.0 IGO.PDF ISBN
978-92-9092-446-3
Print ISBN
978-92-9092-438-8
Keywords
Asian Development Bank
Development
Trade
Development Goals
Skills Development
Sustainable Development
Trade Flows
Trade And Development
Show allCollapse
Citable URI
http://hdl.handle.net/11540/945Metadata
Show full item record
Users also downloaded
-
Tracking the Middle-Income Trap: What is It, Who is in It, and Why? (Part 1)
(Asian Development Bank, 2012-03-01)"This paper provides a working definition of what the middle-income trap is. It classifies 124 countries that have consistent data for 1950–2010. First, the paper defines four income groups of gross domestic product per capita in 1990 purchasing power ... -
Regional Cooperation and Cross-Border Collaboration in Higher Education in Asia: Ensuring that Everyone Wins
(Asian Development Bank, 2012-04-01)Investments in higher education (HE) to promote competitiveness and economic growth have spurred HE leaders to seek ways of effectively utilizing the available resources to raise quality and efficiency in HE. One widely advocated strategy to accomplish ... -
Improving Accesibility of Financial Services in the GMS Border-Gate Areas to Facilitate Cross-Border Trade: The Case of Viet Name and Implications for GMS Cooperation, Journal of GMS Development Studies, Vol. 5, pp. 81-106
(Asian Development Bank, 2010-12-01)Over the years, cross‑border trade has expanded rapidly among countries in the Greater Mekong Subregion (GMS). Among the factors that contributed to this phenomenon is the application of a number of cross‑border trade facilitation measures. However, ...
Related items
-
Factors Affecting Firm-Level Investment and Performance in Border Economic Zones and Implications for Developing Cross-Border Economic Zones between the People's Republic of China and its Neighboring GMS Countries
(Asian Development Bank, 2011-10-01)The establishment of cross-border economic zones (CBEZs) in the border areas of the People's Republic of China (PRC) and its neighboring Greater Mekong Subregion (GMS) countries has recently emerged as a strategy for further promoting trade and investments ... -
Common Understanding on Cross-Border Business Continuity Planning and Cybersecurity Cross-Border Settlement Infrastructure Forum
(Asian Development Bank, 2018-05-30)This publication developed by the Cross-Border Settlement Infrastructure Forum, composed of the central banks and central securities depositories of the Association of Southeast Asian Nations and the People’s Republic of China, Japan, and the Republic ... -
Factors Affecting Firm-Level Investment and Performance in Border Economic Zones and Implications for Developing Cross-Border Economic Zones between the People's Republic of china and its Neighboring GMS Countries, Journal of GMS Development Studies, Vol. 5, pp. 1-32
(Asian Development Bank, 2010-12-01)The establishment of cross-border economic zones (CBEZ) in the border areas of the People’s Republic of China (PRC) and its neighboring Greater Mekong Subregion countries has recently emerged as a strategy for further promoting trade and investments ...