CHAPTER 5 CONCLUSION
Chapter 5 discussed some research results of the thesis with other domestic and foreign studies and the author also interpreted some research results from a personal perspective or recorded during the investigation and survey process. On that basis, the thesis proposed solutions focusing on factors affecting the competitiveness of Vietnamese commercial banks after M&A including:
- Improve financial capacity;
- Improve technological capacity;
- Improve management and operation capacity;
- Improve service quality;
- Enhance the bank's position and reputation;
- Develop a suitable trading network system
With the above proposed solutions, the author hopes to contribute to improving the competitiveness and position of Vietnamese commercial banks after mergers and acquisitions in the domestic and international markets.
CONCLUDE
Up to now, in the world as well as in Vietnam, there have been many projects and research topics on the competitiveness of commercial banks in the integration trend, there have been many theoretical frameworks, theoretical foundations, and diverse practical experiences on this issue. That shows that improving competitiveness in banking activities is always a topical issue that attracts great attention from scientists, researchers, policy makers and operators as well as bank administrators. In order to meet the increasingly fast and convenient needs of customers to attract customers and improve competitiveness, banks have competed to apply new technology into their operations, allowing customers to use banking services more conveniently, quickly and accurately than before. However, in post-M&A commercial banks in particular and Vietnamese commercial banks in general, in the past, due attention has not been paid to improving management and operation capacity, risk management, service quality and technology application. Therefore, improving the competitiveness of commercial banks after M&A in the context of implementing the second restructuring project of the State Bank is extremely necessary. Based on the application of a synthesis of research methods, summarizing practices, closely following the objectives and scope of the research, the thesis has solved a number of basic problems as follows:
Clarify the research overview of the topic, collect domestic and foreign research works of previous authors to point out the results of the research content, thereby seeing the gap that needs further research.
Systematizing theories on commercial banks after M&A and the competitiveness of commercial banks after M&A. The thesis has put forward its own viewpoint on the competitiveness of commercial banks after M&A. With convincing analysis and arguments, the thesis has pointed out the characteristics of the competitiveness of commercial banks after M&A; affirming the necessity of improving the competitiveness of commercial banks. In particular, the thesis has analyzed the internal and external factors affecting the competitiveness of commercial banks after M&A. These contents will create the theoretical basis for the analysis and assessment of the current situation in Chapter 4 as well as the solutions mentioned in Chapter 5.
Through the investigation and survey of leaders and staff at 8 Vietnamese commercial banks after M&A, the thesis analyzed and evaluated the current situation of the competitiveness of Vietnamese commercial banks after M&A according to the factors in the research model based on the average score value (MEAN). From these assessments, the thesis helps researchers
and management has an overview of the competitiveness of Vietnamese commercial banks after M&A today. Based on the requirements of international economic integration according to the trend of opening the financial services market as well as recommendations, international standards according to the BASEL 2,3 agreement on financial capacity requirements for commercial banks, the thesis has pointed out the results achieved, limitations on the competitiveness of commercial banks after M&A in Vietnam.
By using a combination of qualitative and quantitative research methods, the thesis has also quantified the level of influence of factors on the competitiveness of Vietnamese commercial banks after M&A. Accordingly, the influencing factors include: Financial capacity, technological capacity, service fees, transaction network, management and operation capacity, service quality, and bank reputation all have a positive impact on the competitiveness of commercial banks after M&A.
Based on the analysis results of the current competitive capacity of 8 Vietnamese commercial banks after M&A and the measurement results of the impact of 7 factors on the competitive capacity of these commercial banks, the thesis has proposed a number of recommendations to improve the competitive capacity of Vietnamese commercial banks after M&A in particular and Vietnamese commercial banks in general.
However, in the process of research, the thesis is not without shortcomings. The author is looking forward to comments and corrections so that the author can continue to improve and gain experience for future research.
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SUMMARY OF PUBLISHED SCIENTIFIC WORKS
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Article title | Number of authors/Level and role of participation | Name of scientific journal or proceedings | Prestigious international journal (and IF) | Number of citations of the article | Volume/number | Page | Month/year of publication | |
Before graduate school | ||||||||
1 | ||||||||
Since the beginning of the PhD | ||||||||
1 | Restructuring the banking system: Results and roadmap for the new phase | Author | Magazine Finance | ISSN 005-56 | Part 2 | 03/2016 | ||
2 | On banking M&A activities in Vietnam South in recent times | Author | Kinh Magazine Economy and Forecast | ISSN: 0866-7120 | Number 8 | April 2016 | ||
3 | Improve the quality of merger operations of Vietnamese banks | Author | Magazine Finance | ISSN 005-56 | Part 1 | 12/2018 | ||
4 | Improving the financial capacity of Vietnamese commercial banks after mergers and acquisitions (M&A) | Author | Industry and Trade Magazine | ISSN: 0866-7756 | No.1 | 1/2019 | ||
5 | Competitive advantages of banks Vietnam trade | Author | Kinh Magazine Economy and Forecast | ISSN: 0866-7120 | Number 5 | 02/2019 | ||
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Policy Implications for Enhancing Competitiveness and Strengthening Financial Stability of Vietnamese Commercial Banks in the Context of CPTPP Integration -
The impact of competition on the financial stability of Vietnamese commercial banks - 19 -
Analysis of Current Competitiveness of Vietnamese Commercial Banks -
Competitiveness and stability of Vietnamese commercial banks in the context of participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership - 1 -
The impact of foreign bank penetration on competition and efficiency of Vietnamese commercial banks - 21
Vietnamese:
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