8. Do Huyen, 2013. The initial "overhaul" of the banking system is successful.
9. Ha Anh, 2015. Does merging a series of banks increase bad debt?
10. Huong Duong, 2014. Can “major bank surgery” eradicate the cancer of bad debt?
11. Khanh Huyen, 2014. Bank restructuring, how long?.
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12. Khanh Linh, 2013. 2013 will continue to be a year of mergers and acquisitions in the banking sector in Vietnam.
13. Kim Yen, 2015. Professional ethics and the "slips" of bank owners.

14. La Hoan. Bank restructuring solutions from an expert perspective.
15. Law No. 27/2004/QH11 of the National Assembly: Competition Law. Hanoi, http://moj.gov.vn/.
16. Law No. 46/2010/QH12 of the National Assembly: Law on the State Bank of Vietnam. Hanoi,
http://chinhphu.vn/ .
17. Law 68/2014/QH13 of the National Assembly: Enterprise Law. Hanoi, http://www.moj.gov.vn/ .
18. Luu Thi Thuy Tram, 2012. Mergers and acquisitions to restructure Orient Commercial Joint Stock Bank.
19. Minh Hang, 2012. Anti-corporate takeover tactics, M&A Forum 2012 .
20. Nhat Quang, 2015. Restructuring credit institutions: Is mechanical reduction not enough?
21. Decree No. 01/2014/ND-CP of the Government: On foreign investors purchasing shares of Vietnamese credit institutions. Hanoi, http://www.chinhphu.vn/.
22. Decree 34/2015/ND-CP amending and supplementing a number of articles of Decree No. 53/2013/ND-CP dated May 18, 2013 of the Government on the establishment, organization and operation of asset management companies of Vietnamese credit institutions. Hanoi, http://www.moj.gov.vn/ .
23. Decree No. 141/2006/ND-CP of the Government: On promulgating the List of legal capital levels of credit institutions.
24. Nguyen Anh, 2015. It's not easy to pick sweet fruit.
25. Nguyen Hien and Bich Diep, 2015. Vietinbank and calculations when merging with PG Bank.
26. Nguyen Hoai, 2015. Mr. Vu Viet Ngoan: "Explosion" of bank mergers this year.
27. Nguyen Le, 2014. Banking restructuring: “Only chasing rats, not killing rats”, Autumn Economic Forum 2014 .
28. Nguyen Thi Hien, 2012. Solutions for mergers, consolidation and acquisitions of Vietnamese commercial banks.
29. Nguyen Thi Minh Hue, 2012. Evaluation of Vietnam's banking system through some financial health indicators. Hanoi National University Journal of Science , Economics and Business No. 28, 2012, pp. 158-166.
30. Nguyen Tri Hieu, 2012. In 2012, Vietnamese banks may only have 2/3 left.
31. Nguyen Tuyen, 2014. “Endoscopy” of banking health after three years of restructuring.
32. Phan Thi Hong Nhung, 2012. Solutions to improve merger and acquisition activities of Vietnamese commercial banks.
33. Pham Thuy Cam Tu, 2011. Solutions to promote bank mergers and acquisitions towards establishing a banking and financial group in Vietnam.
34. Pham Xuan Thi Thanh Quang, 2011. Mergers and acquisitions - Solutions to improve the competitiveness of securities companies in Vietnam.
35. Phuong Linh, 2014. 5 big banks have not benefited from the restructuring process, Autumn Economic Forum 2014 .
36. Phuong Linh, 2014. Today's questioning of the Governor about bad debt and bank restructuring.
37. Decision No. 48/2013/QD-TTg on capital contribution and compulsory share purchase of credit institutions under special control. Hanoi, http://www.moj.gov.vn/.
38. Decision No. 51/2014/QD-TTg on some contents of divestment, sale of shares and registration of transactions and listing on the securities market of state-owned enterprises. Hanoi, http://moj.gov.vn/.
39. Decision No. 254/QD-TTg of the Prime Minister: Approving the Project "Restructuring the system of credit institutions in the period 2011-2015". Hanoi, http://vanban.chinhphu.vn/ .
40. Decision 780/QD-NHNN on debt classification for debts with adjusted repayment terms and debt extensions. Hanoi, http://thuvienphapluat.vn/ .
41. Quynh Anh, 2013. "Restructuring the banking system is a matter of survival".
42. Saga.
43. Thanh Mao, 2015. BIDV merged with MHB at a ratio of 1:1, why?.
44. Thu Huong, 2015. Fitch: Merger plans have positive impacts on Vietnam's banking system.
45. Thuy Vinh, 2014. After M&A, HDBank has become a unified block.
46. Circular 02/2013/TT-NHNN Regulations on classification of assets, provision levels, methods of setting up risk provisions and use of provisions to handle risks in the operations of credit institutions and foreign bank branches. Hanoi, http://www.moj.gov.vn/.
47. Circular No. 06/2015/TT-NHNN regulating the time limit, order and procedures for transition in cases of share ownership exceeding the limit prescribed in Article 55 of the Law on Credit Institutions. Hanoi, http://moj.gov.vn/.
48. Circular 13/2010/TT-NHNN Regulations on safety ratios in the operations of credit institutions. Hanoi, http://moj.gov.vn/.
49. Circular No. 14/2015/TT-NHNN dated August 28, 2015 Amending and supplementing a number of articles of Circular No. 19/2013/TT-NHNN dated September 6, 2013 of the Governor of the State Bank of Vietnam regulating the purchase, sale and settlement of bad debts of the Asset Management Company of Vietnam Credit Institutions. Hanoi, http://www.sbv.gov.vn/ .
50. Circular No. 35/2011/TT-NHNN regulating the disclosure and provision of information by the State Bank of Vietnam. Hanoi, http://www.moj.gov.vn/ .
51. Circular No. 36/2014/TT-NHNN regulating limits and safety ratios in the operations of credit institutions and foreign bank branches. Hanoi, http://moj.gov.vn/.
52. Circular 52/2012/TT-BTC on information disclosure on the stock market. Hanoi, http://www.moj.gov.vn/ .
53. Viet Dung, 2014. Bank M&A: Bigger is not necessarily better.
54. Viet Dung, 2015. Banking restructuring: Generation 2.0.
English references:
1. Behr and Heid, 2011. The success of bank mergers revisited. An assessment is based on a matching strategy. Journal of Empirical Finance , Volume 18, Issue 1, Pages 117–135.
2. Bernad, Fuentelsaz and Go´mez, 2010. The effect of mergers and acquisitions on productivity: An Empirical application to Spanish banking. Omega , Volume 38, Issue 5, Pages 283–293.
3. Hadad, Hall, Santoso and Simper, 2013. Economies of scale and a process for identifying hypothetical merger potential in Indonesian commercial banks. Journal of Asian Economics , Volume 26, June 2013, Pages 42–51.
4. Montgomery, Harimaya and Takahashi, 2014. Too big to succeed?Banking sector consolidation and efficiency. Journal of International Financial Markets, Institutions & Money , Volume 32, Pages 86–106.
5. Sahut and Mili, 2011.Banking distress in MENA countries and the role of mergers as a strategic policy to resolve distress . Economic Modeling , Volume 28, Issues 1–2, Pages 138–146.
6. Wikipedia. Mergers and Acquisitions.
7. Wikipedia. Reverse takeover.
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