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The relationship between government, market and enterprises in Vietnam

Dao Thi Thieu Ha 1, *
  1. Banking University of Ho Chi Minh City
Correspondence to: Dao Thi Thieu Ha, Banking University of Ho Chi Minh City. Email: pvphuc@vnuhcm.edu.vn.
Volume & Issue: Vol. 17 No. 1 (2014) | Page No.: 16-28 | DOI: 10.32508/stdj.v17i1.1255
Published: 2014-03-31

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Copyright The Author(s) 2023. This article is published with open access by Vietnam National University, Ho Chi Minh city, Vietnam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited. 

Abstract

This article analyses the reality relationship among government, market and enterprises in Vietnam in the period of 1996-2012. We find out that: (i) the effectiveness of government indicators such as ease of doing business index, the economic freedom index, the government effectiveness indicators (belong to the governance indicators) improved considerably overtime but have not reached the average level of the world; (ii) the relationship between government and enterprises has not been clear-cut. As a result, though many reforms have been conducted, state owned enterprises still take up a high percentage in many industries and enjoy multiple preferential polices while operate inefficiently. This articles also points out the reasons of the situation and gives some recommendations for solving those problems.

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