Scandinavian Working Papers in Economics

EIJS Working Paper Series,
Stockholm School of Economics, The European Institute of Japanese Studies

No 236: THE STATE AND THE PRIVATE SECTOR IN VIETNAM

Katariina Hakkala and Ari Kokko ()
Additional contact information
Katariina Hakkala: Research Institute of Industrial Economics
Ari Kokko: European Institute of Japanese Studies, Postal: Stockholm School of Economics, P.O. Box 6501, S-113 83 Stockholm, Sweden

Abstract: In recent years, the Vietnamese government has emphasized its commitment to create a fair business environment for both the state and non-state sectors in its medium and long-term economic development programs. This paper examines the development of the private sector in Vietnam, focusing in particular on the relationship between the state and the private sector. The first part of the paper reviews the trends in private sector development, the second part discusses obstacles for private sector development, with focus on the role of state-owned enterprises, and the third part discusses future challenges and suggests some policy reforms on the basis of the lessons from the first two decades of economics reforms in Vietnam, as well as international experiences. The paper also considers the pattern of new firm establishment, including the impact of foreign investment on the domestic private sector.

Keywords: Vietnam; economic reforms; private sector development; SOEs

JEL-codes: H20; L50; P31

39 pages, June 1, 2007

Full text files

eijswp0236.pdf PDF-file Full text

Download statistics

Questions (including download problems) about the papers in this series should be directed to Nanhee Lee ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:eijswp:0236This page generated on 2024-09-13 22:14:31.