Publication:
Vietnam Business : Vietnam Development Report 2006
dc.contributor.author | World Bank | |
dc.date.accessioned | 2012-06-18T18:56:35Z | |
dc.date.available | 2012-06-18T18:56:35Z | |
dc.date.issued | 2005-11 | |
dc.description.abstract | Business development has been one of the main forces behind rapid poverty reduction in Vietnam. Together with the redistribution of agricultural land, and the broad coverage of social services, it allowed a large fraction of the population to engage in more productive occupations and raise their living standards. But businesses are still struggling with important constraints. Insufficient availability of finance, difficulties in accessing land and continuous gaps in infrastructure services (in spite of enormous investment efforts) are among the most important obstacles identified by entrepreneurs. In a booming labor market, retaining qualified personnel and finding the skills required to move up the ladder are also perceived as barriers to business development. As a result of these constraints, the domestic private sector remains dominated by small enterprises. In between a myriad household businesses and a few thousand large state-owned enterprises (SOES) and foreign companies, there are not many small and medium enterprises, and only a handful of domestic private firms have made it to the top. Sustaining business development in Vietnam requires the completion of the structural reform agenda. Fully developing the land market, restructuring the financial sector, managing state assets in a more efficient and transparent manner, mobilizing resources for infrastructure development, are the key priorities in this respect. Further integration with the world economy, especially through the accession to the World Trade Organization, is bound to lock-in some of these changes, and level the playing field between domestic and foreign enterprises. But there i s also a complementary reform agenda, aimed at leveling the playing field between the domestic private sector and SOEs and mobilizing capital (both public and private) in an efficient way. Global integration and domestic reforms are needed to sustain rapid economic growth while avoiding the accumulation of large contingent liabilities for the government. For Vietnam to become a middle-income country will entail going beyond structural reforms and laying the foundations of a modern market economy, introducing competition and proper regulation in infrastructure services, modernizing tax administration, reforming the legal and judiciary systems, reducing corruption, improving governance at local levels, are all part of a second generation of reforms that need to be put on track for Vietnam to move up to the next phase. | en |
dc.identifier | http://documents.worldbank.org/curated/en/2005/11/6451539/vietnam-development-report-2006 | |
dc.identifier.uri | http://hdl.handle.net/10986/8314 | |
dc.language | English | |
dc.language.iso | en_US | |
dc.publisher | Washington, DC | |
dc.rights | CC BY 3.0 IGO | |
dc.rights.holder | World Bank | |
dc.rights.uri | http://creativecommons.org/licenses/by/3.0/igo/ | |
dc.subject | ACCOUNTING | |
dc.subject | ADB | |
dc.subject | ADVERSE EFFECTS | |
dc.subject | AGRICULTURAL OUTPUT | |
dc.subject | AGRICULTURE | |
dc.subject | BANKING REFORM | |
dc.subject | BANKING SUPERVISION | |
dc.subject | BANKING SYSTEM | |
dc.subject | BANKS | |
dc.subject | BENCHMARKING | |
dc.subject | BILATERAL TRADE | |
dc.subject | BUSINESS COMMUNITY | |
dc.subject | BUSINESS DEVELOPMENT | |
dc.subject | CAPITAL INVESTMENT | |
dc.subject | CAPITAL MARKET DEVELOPMENT | |
dc.subject | CAPITAL MARKETS | |
dc.subject | CENTRAL BANK | |
dc.subject | CENTRAL PLANNING | |
dc.subject | COLLUSION | |
dc.subject | COMMERCIAL BANKS | |
dc.subject | COMPARATIVE ANALYSIS | |
dc.subject | COMPETITIVENESS | |
dc.subject | COMPETITORS | |
dc.subject | CONSOLIDATION | |
dc.subject | CORPORATION | |
dc.subject | CREDIT RATIONING | |
dc.subject | CREDIT RISK | |
dc.subject | DECISION MAKING | |
dc.subject | DEVELOPMENT AGENCY | |
dc.subject | DEVELOPMENT ASSISTANCE | |
dc.subject | DEVELOPMENT STRATEGY | |
dc.subject | DIVERSIFICATION | |
dc.subject | ECONOMIC REFORM | |
dc.subject | EMPLOYMENT | |
dc.subject | ENTERPRISE OWNERSHIP | |
dc.subject | ENTREPRENEURS | |
dc.subject | ETHNIC MINORITIES | |
dc.subject | EXISTING BUSINESSES | |
dc.subject | EXPANSION | |
dc.subject | EXTERNALITIES | |
dc.subject | FEASIBILITY STUDIES | |
dc.subject | FINANCIAL DEEPENING | |
dc.subject | FINANCIAL INSTITUTIONS | |
dc.subject | FINANCIAL MANAGEMENT | |
dc.subject | FINANCIAL SECTOR | |
dc.subject | FIRM SIZE | |
dc.subject | FIRMS | |
dc.subject | FOREIGN COMPANIES | |
dc.subject | FOREIGN DIRECT INVESTMENT | |
dc.subject | FOREIGN ENTERPRISES | |
dc.subject | FREE TRADE | |
dc.subject | GDP | |
dc.subject | GDP PER CAPITA | |
dc.subject | GROSS DOMESTIC PRODUCT | |
dc.subject | HEALTH CARE | |
dc.subject | HEALTH SERVICES | |
dc.subject | HOUSING | |
dc.subject | IMPORT QUOTAS | |
dc.subject | INFRASTRUCTURE DEVELOPMENT | |
dc.subject | INSURANCE | |
dc.subject | INTELLECTUAL PROPERTY RIGHTS | |
dc.subject | INVESTMENT IN INFRASTRUCTURE | |
dc.subject | JOINT STOCK COMPANY | |
dc.subject | KEY PERFORMANCE INDICATORS | |
dc.subject | LENDERS | |
dc.subject | LEVEL PLAYING FIELD | |
dc.subject | LIVING STANDARDS | |
dc.subject | MEDIUM ENTERPRISES | |
dc.subject | MONETARY POLICY | |
dc.subject | NATURAL RESOURCES | |
dc.subject | PACIFIC REGION | |
dc.subject | PRESENT VALUE | |
dc.subject | PRIVATE ENTERPRISES | |
dc.subject | PRIVATE SECTOR DEVELOPMENT | |
dc.subject | PRIVATE SECTOR PARTICIPATION | |
dc.subject | PRODUCTIVITY | |
dc.subject | PROPERTY RIGHTS | |
dc.subject | PUBLIC DEBT | |
dc.subject | REAL GDP | |
dc.subject | REGULATORY FRAMEWORK | |
dc.subject | REGULATORY FRAMEWORKS | |
dc.subject | RESOURCE MOBILIZATION | |
dc.subject | SAFETY NETS | |
dc.subject | SAVINGS | |
dc.subject | SHOPS | |
dc.subject | SMALL BUSINESS | |
dc.subject | SMALL BUSINESSES | |
dc.subject | SMALL ENTERPRISES | |
dc.subject | SME | |
dc.subject | SOCIAL SERVICES | |
dc.subject | SUPPLIERS | |
dc.subject | TAX ADMINISTRATION | |
dc.subject | TELECOMMUNICATIONS | |
dc.subject | TELEPHONE PENETRATION | |
dc.subject | TELEPHONE SERVICES | |
dc.subject | TOTAL FACTOR PRODUCTIVITY | |
dc.subject | TRADE BARRIERS | |
dc.subject | TRANSPORT | |
dc.subject | TRANSPORT INFRASTRUCTURE | |
dc.subject | UNEMPLOYMENT | |
dc.subject | VALUE ADDED | |
dc.subject | WAGES | |
dc.subject | WORLD TRADE ORGANIZATION | |
dc.subject | WTO | |
dc.title | Vietnam Business : Vietnam Development Report 2006 | en |
dc.title.alternative | Bao cao phat trien Viet Nam 2006 | en |
dspace.entity.type | Publication | |
okr.crosscuttingsolutionarea | Public-Private Partnerships | |
okr.date.disclosure | 2005-12-07 | |
okr.doctype | Economic & Sector Work :: Development Policy Review (DPR) | |
okr.doctype | Economic & Sector Work | |
okr.docurl | http://documents.worldbank.org/curated/en/2005/11/6451539/vietnam-development-report-2006 | |
okr.globalpractice | Macroeconomics and Fiscal Management | |
okr.globalpractice | Transport and ICT | |
okr.globalpractice | Finance and Markets | |
okr.globalpractice | Trade and Competitiveness | |
okr.identifier.externaldocumentum | 000160016_20051202141324 | |
okr.identifier.internaldocumentum | 6451539 | |
okr.identifier.report | 34474 | |
okr.language.supported | en | |
okr.pdfurl | http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2005/12/02/000160016_20051202141324/Rendered/PDF/344740VN.pdf | en |
okr.region.administrative | East Asia and Pacific | |
okr.region.country | Vietnam | |
okr.region.geographical | Southeast Asia | |
okr.sector | Finance | |
okr.sector | Industry and trade | |
okr.topic | Infrastructure Economics and Finance :: Private Participation in Infrastructure | |
okr.topic | Private Sector Development :: Business Environment | |
okr.topic | Banks and Banking Reform | |
okr.topic | Economic Theory and Research | |
okr.topic | Private Sector Development :: Business in Development | |
okr.topic | Finance and Financial Sector Development | |
okr.topic | Macroeconomics and Economic Growth | |
okr.unit | PREM Sector Department (EASPR) | |
okr.volume | 1 of 1 |
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