Nahm, Daehoon; Ha Thu Vu - In: Journal of applied finance & banking 3 (2013) 1, pp. 45-65
In this paper, we measure and analyse profit efficiency and productivity of Vietnamese banks using a newly developed … index approach which is based on the directional distance function. Our findings indicate that the average bank operates … quite far below the frontier of the best-practice bank, mainly due to allocative inefficiency rather than technical …