From State to Market: Evolving Ownership and Corporate Governance in Vietnam

One of the central issues in analysing political economic change requires understanding the ownership model of the productive sector in economy. Consequently, this chapter provides insights about the development of ownership types (public vs. private) and corporate governance rules in Vietnam. In addition, it provides an analysis of the current challenges for regulators and firms in strengthening governance mechanisms in order to deepen capital markets, encourage private ownership and facilitate foreign investment.