Research On Risk Prevention Of Cny Settlement In Vietnam-china Border Trade

With the construction of "the Belt and Road" and the gradual recovery of global economy in recent years,the construction of China ASEAN Free Trade Area has brought new problems and challenges to Vietnam's border trade,and the risks of cross-border CNY settlement are constantly accumulating.Vietnam L Bank has the location advantage of CNY settlement of border trade between Vietnam and China.Since 1998,it has been carrying out border trade settlement business for a long time.Taking Vietnam L bank as a case,it is beneficial for the counterparties to study the risk prevention of CNY settlement in the Vietnam border trade,which is beneficial to the government,banks and enterprises to make decisions,and to provide experience for the CNY settlement risk prevention of border trade related countries in the "the Belt and Road" construction.The main contents of the study are as follows: a brief description of the theory and methods of cross-border trade CNY settlement and risk prevention;an analysis of the risks faced by Vietnam's L-Bank border trade CNY settlement business;a case study of L-Bank border trade CNY settlement risk;and suggestions for the prevention of cross-border trade CNY settlement risk.Through the research,the following conclusions are drawn: the impact of CNY internationalization on the settlement of CNY in Vietnam-China border trade is that the settlement of CNY in Vietnam-China border trade is increasing,while the difficulty of bank management is increasing,and the potential risk is increasing.Case analysis is to analyze the system,risk control measures and problems of Vietnam L Bank's CNY settlement of Sino-Vietnamese border trade;through questionnaire,combined with analytic hierarchy process(AHP)and fuzzy comprehensive evaluation method,the risks in the process of settlement are analyzed: policy risk,market risk,exchange rate risk,credit risk,operation risk and operation risk of basic equipment.The research shows that the greatest degree of risk is policy risk and the weakest is credit risk.Suggestions: Vietnam L Bank strengthens foreign currency management,establishes a comprehensive risk management organizational system,strengthens staff professional ethics education and professional training;other banks should also strengthen the construction of CNY settlement risk management system in Vietnam-China border trade.