Corporate Governance in Vietnam

Corporate governance (CG) success stories in Vietnam are part of the International Finance Corporation’s ongoing efforts to raise greater awareness of the merits of CG. These success stories in Vietnam can serve as a guiding light for the immediate benefit and long-term value of CG to corporate development. The Law on Enterprise 2005, implemented in July 2006, marked the first introduction of a formal legal framework on CG in Vietnam. CG practice in Vietnam is expected to undergo sweeping changes when the revised Law on Enterprise (LOE) 2014 comes into effect on 1st July 2015. The revised LOE 2014 ensures independence of the Board of Directors, seeks to eliminate conflict of interest, and to improve accountability as part of Vietnamese government’s drive to ensure better CG.

Bibliographic Details

Main Author:	Centre for Asia Private Equity Research Ltd.
Format:	Working Paper biblioteca
Language:	English en_US
Published:	International Finance Corporation, Vietnam 2015-05
Subjects:	RISKS, FINANCIAL SERVICES, BROKERAGE, OPERATIONAL TRANSPARENCY, ACCOUNTING, CUSTOMER, OPERATIONAL EFFICIENCY, TURNOVER RATE, FINANCING, FINANCIAL MANAGEMENT, CONFLICT OF INTEREST, STOCK, VALUATION, PUBLIC DISCLOSURE, INTEREST, INSTITUTIONAL INVESTORS, PERFORMANCE BENCHMARKS, GOVERNANCE PRACTICE, INTEREST RATE, EXCHANGE, OPTION, CAPITAL BASE, SUPERVISORY BOARD, CONSUMER GOODS, LIQUIDITY, DEVELOPING COUNTRIES, BROKERAGE FIRMS, SHARE PRICE, ASSET, ACCESS TO BANK, SUSTAINABLE ECONOMIC GROWTH, PORTFOLIO, RETAIL MARKET, MARKET SHARES, PRIVATE EQUITY INVESTORS, HOME MARKET, PRICE, TAX, BENCHMARKS, LEGAL ENTITIES, DISCLOSURE, INVESTMENT PROCESS, AUDIT COMMITTEE, JURISDICTIONS, COMMUNICATIONS, INTERNATIONAL FINANCE, HUMAN RESOURCE, PRIVATE EQUITY INVESTOR, ENFORCEMENTS, CORPORATE FINANCE, MARKETS, RETURN, PRIVATE SECTOR DEVELOPMENT, LOANS, ENTERPRISES, ACCESS TO BANK LOANS, PRIVATE CAPITAL, INVENTORY, PRIVATE EQUITY, SECURITIES FIRM, LEGAL FRAMEWORK, FINANCE, INVESTMENT DECISIONS, PRICE CHANGE, TRANSACTIONS, IPO, AUDITOR, EQUITY, TRANSACTION, INVESTORS, VALUE OF ASSETS, CAPITAL, TRANSPARENCY, PORTFOLIO COMPANIES, FINANCIAL CRISIS, ACCESS TO CAPITAL, TURNOVER, REPUTATION, MOBILE PHONE, MANAGEMENT COMPANIES, BANK, EXCHANGES, CONTRACT, GOVERNANCE PRACTICES, SHARES, EQUITY INVESTORS, ASSETS, MARKET, EQUITY INVESTMENT, SECURITIES, GOVERNANCE, SHAREHOLDERS, HOLDINGS, GOODS, INVESTOR, MARKET SHARE, BANK LOANS, EQUITY MARKETS, MUTUAL FUND, STOCKS, STOCK EXCHANGE, INVESTMENT, EXTREME POVERTY, RISK, HUMAN RESOURCES, SHARE, INTERNAL AUDIT, POVERTY, FINANCE CORPORATION, RETURN ON ASSET, BUSINESS ENVIRONMENT, GLOBAL INVESTORS, SECURITIES COMPANIES, INVESTOR RELATIONS, REVENUE, PROFIT, INVESTMENTS, RISK MANAGEMENT, LENDING, GLOBAL FINANCE, COMMUNICATION, JOINT STOCK COMPANIES, TURNOVER RATES, SHAREHOLDER, AUDIT, EQUITY INVESTOR, LIABILITIES, BUSINESS PERFORMANCE, SECURITIES INDUSTRY, STOCK EXCHANGES, BROKERAGE FIRM, GUARANTEE, DEVELOPMENT BANK, CORPORATE GOVERNANCE, COMPETITION, INVESTMENT DECISION,
Online Access:	http://documents.worldbank.org/curated/en/2015/06/24624010/corporate-governance-vietnam-success-stories https://hdl.handle.net/10986/22058
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