November 14, 2011
Workers at a ship yard of the Vietnam Shipbuilding Industry Group, or Vinashin. Many in Vietnam hope the government will pursue reforms that are broad enough and deep enough to fix debt-ridden state banks and rein in inefficient state enterprises (SOEs) such as Vinashin, which embarrassingly defaulted last year. After four years of economic instability, [...]
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February 8, 2009
Look At Vietnam – The Vietnamese Government has required State corporations to spend at least 70 percent of their total investment on their major industry and refrain from investing in such “sensitive fields” as securities, banking or insurance. State corporations are allowed to contribute capital to banking, insurance and securities businesses but their investment is [...]
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