The current practice and prospects for development Nguyen Minh Kieu creator Gupta, Joyti Chairperson Tang, John C.S. Examination Committee Jain, P. K. Examination committee Government of Switzerland Scholarship donor text theses th Bangkok Asian Institute of Technology 1997 monographic eng 94 p. Building and developing the foreign exchange market is one of the most important issues in the process of economic renovation in general and financial system reform in particular in Vietnam. Performance of the foreign exchange market affects considerably on other operations of the economy such as inflation, foreign trade, attracting foreign investment and so on. The State Bank of Vietnam has early recognized this importance and had policies to form and develop the foreign exchange market since 1980s. Because of being a new and complicated issues in Vietnam, the foreign exchange market has been attracting a lot of concern and discussion from many researchers. However, up to now, there has not been any research study on the current status and solutions to help the State Bank of Vietnam to plan appropriate policies for improving and developing foreign exchange market in Vietnam. Thus, doing a detail research study on foreign exchange market in Vietnam is needed for policy makers now and in the future. Firstly, this research study analyses the current status of foreign exchange market to help the State Bank' s policy makers to evaluate its performances and have solutions for improving and developing foreign exchange market in Vietnam in the coming years. In analyzing the current status, this research study will concentrate on two phases of formation and development of foreign exchange market in Vietnam. The first lasts since Vietnam began its economic innovation (1986) until it set up the Foreign Currency Transaction Center as a formal foreign exchange market in 1991. The second, lasting from 1991 up to now, is the phase of improvement and development of foreign exchange market in Vietnam. Secondly, this research study is continued with analyzing effects of foreign exchange market on operations of the economy in Vietnam. This part it will focus on analyzing effects of foreign exchange policies on inflation, stability of the local currency, imports and exports, positions of balance of trade and payment, and attracting foreign investment. Additionally, it will also mention to hedging exchange risk in Vietnam. Lastly, this research study recommends the targets for developing foreign exchange market in Vietnam in the coming years and solutions to achieve these targets. A research study submitted in partial fulfillment of the requirements for the degree of Master of Business Administration, School of Management Research studies project report (M.BA.) - Asian Institute of Technology, 1997 Foreign exchange market Vietnam Asian Institute of Technology. http://203.159.5.9/ait-thesis/detail.php?q=B13506 http://203.159.5.9/ait-thesis/detail.php?q=B13506 151097 20260818114259.0