Transparency of State Owned Enterprises in Vietnam : Current Status and Ideas for Reform

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collection.link.214
https://openknowledge.worldbank.org/handle/10986/11872
collection.name.214
Policy Notes
dc.contributor.author
World Bank
dc.date.accessioned
2014-08-14T19:16:09Z
dc.date.available
2014-08-14T19:16:09Z
dc.date.issued
2014
dc.date.lastModified
2021-04-23T14:03:51Z
dc.description.abstract
Information disclosure by State Owned Enterprises (SOEs) is part of a broader agenda to promote greater public sector transparency in Vietnam. Recent studies by the World Bank and others have shown that despite progress, compliance with legal requirements for transparency remains a challenge across a wide range of public sector governance areas in Vietnam. However, the marginal benefit to increased transparency is very significant. Timely availability of credible economic data, and better communication of policy changes, can help reduce market uncertainty and perceptions of risk. Transparency of SOEs is particularly important given their large presence in Vietnam s economy. In a survey conducted in 2011 for the Vietnam Development Report (2012) entitled Market Economy for a Middle Income Vietnam , improving transparency was cited by respondents as the top reform solution for SOEs in Vietnam together with accelerating equalization. Prime Minister s Decision 929 (2012), which sets out an overall plan to restructure General Corporations and State Economic Groups, sets out several commitments to help improve the transparency of SOEs. The SOE transparency agenda is an important part of the program supported under the Economic Management and Competitiveness Credit (EMCC) budget support operation. It is with this background that this Policy Note was prepared to help promote a dialogue between the Government of Vietnam and Development Partners on ways to enhance disclosure of information by SOEs.
en
dc.identifier
http://documents.worldbank.org/curated/en/2014/01/19902783/transparency-state-owned-enterprises-vietnam-current-status-ideas-reform
dc.identifier.uri
http://hdl.handle.net/10986/19318
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCESS TO BANK
dc.subject
ACCOUNTABILITY
dc.subject
ACCOUNTING
dc.subject
ACTION PLANS
dc.subject
ADMINISTRATIVE SANCTIONS
dc.subject
AGENCY COSTS
dc.subject
ALLOCATION OF RESOURCES
dc.subject
AMOUNT OF DEBTS
dc.subject
AUDIT COMMITTEE
dc.subject
BALANCE SHEETS
dc.subject
BANK CREDIT
dc.subject
BANK POLICY
dc.subject
BANKING SECTOR
dc.subject
BANKRUPTCY
dc.subject
BOARD MEETINGS
dc.subject
BUSINESS ACTIVITIES
dc.subject
BUSINESS ENVIRONMENT
dc.subject
BUSINESS OBJECTIVES
dc.subject
BUSINESS OPERATION
dc.subject
BUSINESS OPERATIONS
dc.subject
BUSINESS ORGANIZATION
dc.subject
BUSINESS PERFORMANCE
dc.subject
BUSINESS PLAN
dc.subject
BUSINESS REGISTRATION
dc.subject
BUSINESS STRATEGIES
dc.subject
BUSINESS STRATEGY
dc.subject
CAPITAL INVESTMENT
dc.subject
CASH FLOW
dc.subject
CENTRAL GOVERNMENT
dc.subject
CEO
dc.subject
CERTIFICATE
dc.subject
CHAMBER OF COMMERCE
dc.subject
CHARTER
dc.subject
CHECKS
dc.subject
COMMERCIAL BANK
dc.subject
COMMERCIAL BANKS
dc.subject
COMPANY
dc.subject
COMPETITIVENESS
dc.subject
CONGLOMERATE
dc.subject
CONGLOMERATES
dc.subject
CONSOLIDATION
dc.subject
CORP.
dc.subject
CORPORATE FINANCE
dc.subject
CORPORATE GOVERNANCE
dc.subject
CORPORATE INFORMATION
dc.subject
CORPORATE PERFORMANCE
dc.subject
CORPORATE PUBLICATIONS
dc.subject
CORPORATE RESTRUCTURING
dc.subject
CORPORATE RULES
dc.subject
CORPORATION
dc.subject
CORPORATIONS
dc.subject
CREDITORS
dc.subject
DEBT
dc.subject
DECENTRALIZATION
dc.subject
DECREE
dc.subject
DEVELOPMENT BANK
dc.subject
DISCLOSURE OBLIGATIONS
dc.subject
DISCLOSURE OF INFORMATION
dc.subject
DISCLOSURE REQUIREMENTS
dc.subject
DISTRICTS
dc.subject
DOMAIN
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ELECTRICITY
dc.subject
ENTERPRISE LAW
dc.subject
ENTERPRISE REFORM
dc.subject
EQUIPMENT
dc.subject
EQUITY CAPITAL
dc.subject
ESTATE
dc.subject
EXCHANGE COMMISSION
dc.subject
EXPANSION
dc.subject
EXPENDITURE
dc.subject
EXPENDITURES
dc.subject
FINANCIAL DISCLOSURE
dc.subject
FINANCIAL INFORMATION
dc.subject
FINANCIAL PERFORMANCE
dc.subject
FINANCIAL REPORT
dc.subject
FINANCIAL REPORTS
dc.subject
FINANCIAL STATEMENT
dc.subject
FINANCIAL STATEMENTS
dc.subject
FINANCIAL SUPPORT
dc.subject
FIRMS
dc.subject
FISCAL TRANSPARENCY
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN EXCHANGE MARKET
dc.subject
FORMER DIRECTOR
dc.subject
GENERAL PUBLIC
dc.subject
GOVERNMENT AGENCIES
dc.subject
GOVERNMENT AUTHORITIES
dc.subject
GOVERNMENT GUARANTEES
dc.subject
GOVERNMENT MANAGEMENT
dc.subject
GOVERNMENT OFFICE
dc.subject
GOVERNMENT OWNERSHIP
dc.subject
GROUP OF COMPANIES
dc.subject
HOLDING
dc.subject
HOLDING COMPANIES
dc.subject
HOLDING COMPANY
dc.subject
HOLDINGS
dc.subject
HUMAN RESOURCES
dc.subject
ICT
dc.subject
IMPACT ASSESSMENTS
dc.subject
INDEPENDENT AUDITS
dc.subject
INDIVIDUALS
dc.subject
INDUSTRIAL CORPORATION
dc.subject
INFLATION
dc.subject
INFORMATION DISCLOSURE
dc.subject
INFORMATION GAPS
dc.subject
INFRASTRUCTURE DEVELOPMENT
dc.subject
INITIAL PUBLIC OFFERING
dc.subject
INSPECTION
dc.subject
INSPECTIONS
dc.subject
INSTITUTIONAL REFORMS
dc.subject
INTERNAL AUDIT
dc.subject
INTERNAL AUDIT PROCEDURES
dc.subject
INTERNATIONAL DEVELOPMENT
dc.subject
INVESTMENT CAPITAL
dc.subject
INVESTMENT CORPORATION
dc.subject
INVESTMENT PORTFOLIOS
dc.subject
INVESTMENT PROJECTS
dc.subject
IPO
dc.subject
JOINT STOCK COMPANY
dc.subject
JOINT VENTURES
dc.subject
JOINT-STOCK COMPANIES
dc.subject
JOINT-STOCK COMPANY
dc.subject
LAN
dc.subject
LEASING
dc.subject
LEGAL PROVISIONS
dc.subject
LEGAL REGULATIONS
dc.subject
LEGAL REQUIREMENTS
dc.subject
LEGISLATION
dc.subject
LEGISLATIVE FRAMEWORK
dc.subject
LIMITED
dc.subject
LIMITED LIABILITY
dc.subject
LIMITED LIABILITY COMPANY
dc.subject
LISTED COMPANIES
dc.subject
LISTED COMPANY
dc.subject
LOSS STATEMENTS
dc.subject
MAJOR SHAREHOLDERS
dc.subject
MANAGEMENT SYSTEM
dc.subject
MANAGERS
dc.subject
MARKET ECONOMY
dc.subject
MARKET SHARE
dc.subject
MARKET VALUE
dc.subject
MARKETING
dc.subject
MATERIAL
dc.subject
MERGER
dc.subject
MERGERS
dc.subject
MINISTRIES OF FINANCE
dc.subject
MINISTRY OF FINANCE
dc.subject
MONETARY POLICY
dc.subject
MONOPOLY
dc.subject
MULTIMEDIA
dc.subject
NATURAL RESOURCE
dc.subject
NAVIGATION
dc.subject
ONLINE SERVICES
dc.subject
OUTSTANDING DEBTS
dc.subject
PARENT COMPANY
dc.subject
PARTY
dc.subject
PDF
dc.subject
PERFORMANCE INDICATORS
dc.subject
POLITICAL CONSENSUS
dc.subject
POLITICAL ECONOMY
dc.subject
POLITICS OF GOVERNMENT OWNERSHIP
dc.subject
PORTFOLIO
dc.subject
PRIVATE COMPANIES
dc.subject
PRIVATE ENTERPRISE
dc.subject
PRIVATE ENTERPRISES
dc.subject
PRIVATE SECTOR
dc.subject
PRIVATE SECTOR DEVELOPMENT
dc.subject
PROCUREMENT
dc.subject
PUBLIC ASSETS
dc.subject
PUBLIC COMPANIES
dc.subject
PUBLIC COMPANY
dc.subject
PUBLIC ENTERPRISES
dc.subject
PUBLIC FINANCE
dc.subject
PUBLIC FUNDS
dc.subject
PUBLIC INFORMATION
dc.subject
PUBLIC INSTITUTIONS
dc.subject
PUBLIC PROCUREMENT
dc.subject
PUBLIC SECTOR
dc.subject
REAL PROPERTY
dc.subject
REGISTRATION OF SECURITIES
dc.subject
REGULATORY FRAMEWORK
dc.subject
REPRESENTATIVES
dc.subject
RESULT
dc.subject
RESULTS
dc.subject
RETURN
dc.subject
RETURNS
dc.subject
RISK FACTORS
dc.subject
RISK MANAGEMENT
dc.subject
SEARCH
dc.subject
SEARCHES
dc.subject
SECURITIES LAW
dc.subject
SECURITIES MARKET
dc.subject
SETTLEMENT
dc.subject
SHARE CAPITAL
dc.subject
SHAREHOLDERS
dc.subject
SOCIETY
dc.subject
STAKEHOLDER
dc.subject
STAKEHOLDERS
dc.subject
STATE AGENCIES
dc.subject
STATE BANK
dc.subject
STATE BUDGET
dc.subject
STATE ENTERPRISES
dc.subject
STATE OWNED ENTERPRISES
dc.subject
STATE-OWNED ENTERPRISES
dc.subject
STOCK COMPANIES
dc.subject
STOCK COMPANY
dc.subject
STOCK CORPORATION
dc.subject
STOCK EXCHANGE
dc.subject
STOCK MARKETS
dc.subject
STOCKHOLDER
dc.subject
STOCKS
dc.subject
SUBSIDIARIES
dc.subject
SUBSIDIARY
dc.subject
SUBSIDIARY COMPANIES
dc.subject
SUPERVISION
dc.subject
TARGETS
dc.subject
TAX
dc.subject
TELECOMMUNICATIONS
dc.subject
TRADING
dc.subject
TRANSPARENCY
dc.subject
USERS
dc.subject
VALUATION
dc.subject
VALUATIONS
dc.subject
VOTING
dc.subject
WEB
dc.subject
WEB PORTAL
dc.subject
WEB PORTALS
dc.title
Transparency of State Owned Enterprises in Vietnam : Current Status and Ideas for Reform
en
okr.date.disclosure
2014-07-31
okr.doctype
Economic & Sector Work :: Policy Note
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2014/01/19902783/transparency-state-owned-enterprises-vietnam-current-status-ideas-reform
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.globalpractice
Transport and ICT
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000470435_20140731084101
okr.identifier.internaldocumentum
19902783
okr.identifier.report
89810
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/07/31/000470435_20140731084101/Rendered/PDF/898100PN0P14340G0Jul0240201400FINAL.pdf
en
okr.region.administrative
East Asia and Pacific
okr.region.country
Vietnam
okr.sector
Public Administration, Law, and Justice,Finance
okr.sector
Public Administration, Law, and Justice :: General public administration sector
okr.sector
Finance :: Banking
okr.theme
Economic management :: Macroeconomic management
okr.theme
Public sector governance :: Public expenditure, financial management and procurement
okr.theme
Public sector governance :: Tax policy and administration
okr.theme
Financial and private sector development :: State enterprise/bank restructuring and privatization
okr.theme
e-Government
okr.topic
Finance and Financial Sector Development :: Microfinance
okr.topic
Governance :: National Governance
okr.topic
Law and Development :: Corporate Law
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Private Sector Development :: E-Business
okr.unit
Macro & Fiscal Mgmt - GP (GMFDR)
okr.volume
1 of 1

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