A dream deferred ? The ‘equitization’ of Vietnam’s state-owned enterprises
Vietnam’s progress toward a more liberal, market-friendly economy has proceeded in fits and starts.
Nearly 26,000 enterprises shut down in January
Some 25,750 enterprises closed down in January, according to the Department of Business Registration, which blamed it on the severe impact of Covid-19.
A plea for help as China loses jobs to Vietnam
Samsung and Apple’s OEM partners are the latest US tariff-eluding manufacturers to shift production from China to Vietnam
Vietnam privatisation plans further behind schedule due to pandemic
Vietnam’s plan to privatise scores of state-owned enterprises (SOEs) has fallen further behind schedule amid the pandemic, with only 37 companies divested so far out of a target of 128 in the 2017-2020 period, the Ministry of Finance said.
The paradoxes of private sector development in Vietnam
State-owned enterprises were viewed as a dominant contributor to the development of Vietnam’s economy. But because the state sector is inefficient, and Vietnam is increasingly integrating internationally, the private sector is growing.
Vietnam faces increasing tax evasion and avoidance
Vietnam faces increasing tax evasion and avoidance as policies have not kept up with reality, according to a report by Vietnam Institute for Economic and Policy Research (VEPR) and Oxfam.