Capital market development: A case study in establishing capital market in Vietnam

The author would like to express her sincere gratitude to Dr. Fredric W. Swierczek, Research advisor and Chairman of the Research Committee for his valuable guidance, constructive comments and encouragement throughout the research study. Thanks are also due to Prof. I. M. Pandey and Dr. Truong Quang for their valuable contribution in serving as Committee members, as well as for precious suggestions and comments on the research study. The author would like to take this opportunity to express her deep appreciation to the Government of Switzerland, Asian Institute of Technology, the Ministry of Education and Training of Vietnam and the National Economics University for organizing the Management Development Program in Vietnam (SAV program) and for providing her with a scholarship to complete her MBA at AIT (Thailand). Thanks are also extended to the Ministry of Finance and the State Bank of Vietnam, Vietnamese banks and foreign bank branches and other institutions in Hanoi that she visited for her data collection. The author remains indebted to her parents, her sisters, her brother in-law, her nephews who continued moral support during her whole study period in Ho Chi Minh (Vietnam) and in AIT (Thailand). Last but not least, the author would like to thank Binh, Ninh, Nhuan, Shantanu and all the faculties and friends at SAV, SOM and AIT for their help and boundless inspiration.

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