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  • Công bố khoa học và công nghệ Việt Nam

06.81

Kinh tế và kinh doanh

Cải cách doanh nghiệp nhà nước và bài học đối với Việt Nam

Reforming SOEs: Lessons for Viet Nam

Vietnam's Socio-Economic Development

2014

78

3-21

0868-359X

This paper reviews the experience of SOE reform in several countries - primarily China and also Brazil. Singapore. and S. Korea - and attempts to draw lessons that may he relevant for Vietnam's refbrm effort. Chief among the lessons are: 1) a clear allocation of property rights and low transaction costs involving well-functioning company, contract, and commercial legal arrangements: 2) competitive product markets. including exposure to global competition and technology: 3) relatively open capital markets that allow for FDI and the diversification of SOE ownership: 4) dearly defined expectations concerning the public purpose performed by SOEs: and 5) effective tramparency and monitoring to determine the extent to which the SOEs are fulfilling their commercial and public goals. Among these factors. an open and competitive market system has been most central for incentivizing focus on restructuring China's SOE sector.

TTKHCNQG, CVv 343