Abstract
The aim of this paper is to provide an overview of the development of the microfinance sector in Vietnam and to examine the link between microfinance institution development and domestic economic factors. Particularly after reviewing previous papers conducted all over the world, this paper examines the Vietnamese market by using five years (2010–2015) of data from Vietnamese microfinance institutions by using a descriptive statistical method. It was found that the growth of gross domestic product (GDP) and gross loans portfolio more or less have a relation. Likewise, foreign direct investment (FDI) inflow growth seems to have a link with asset development. This result also opens up several avenues for future research. Further studies could be performed to examine data with a quantitative method to test the results.
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