The biggest challenges to the Vietnamese banking industry, according to 38
over 40 interviewees, happen to be bad debts, which we already know, and a new
opponent: cross- ownership. Let's discuss cross- ownership first. Cross-ownership
in banking system is considered a serious problem not only in Vietnam but also in
every other country in the world. In recent years, along w ith the thrive o f banking
and financial system, cross-ownership in Vietnam is getting more and more
complicated, harder for the government to control, thus leading to bad influences on
the macro-economy of Vietnam.