Abstract
The state enterprise group (hereafter, SOE group) in Vietnam is classified into two broad types of groups. One is the vertically organized general corporation 91(GC91) which was established on the basis of the Prime Minister’s Decision No. 91 relating to the reorganization of state-owned enterprise (hereafter, SOE) to an experimental SOE group involving key industrial areas, and the other is the horizontally organized General Corporation 90(GC90) which was established on the basis of the Prime Minister’s Decision No. 90, which is the SOE group for all of those industries not included in the key areas of Decision No. 90. Following the enacting of the Company Law of 2005 (which was the integrated common company law for both domestic and foreign-invested companies), the “Business Group” (“tap doan kinh te” in Vietnamese) was added to SOE groups as a new type of SOE group. A part of GC91 and the state insurance enterprise group have now changed their group organization into a business group. It appears that the reorganization of the SOE group led by state policies since 1994 has been affected by the East Asian-style business groups such as the “Keiretsu” of Japan, “Chaebol” of Korea, and the business groups in China, organized following the experience of Japan and Korea (Keister 2000).
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References
In Japanese
Ishida, Akie (2008) “WTO kamei go no kokuyu kigyou group — kabusikika to kigyou group” (“State Enterprise Groups After Joining the WTO - Equitization and Business Groups”). In “Henyo suru betonamu keizai to keizai shutai” (Changing
Management Strategies of Vietnam’s Economic Entities), ed. by Shozo Sakata. Research Papers. Institute of Developing Economies.
In English
Keister, Lisa A. (2000) Chinese Business Groups: The Structure and Impact ofInterfirm Relations during Economic Development. Hong Kong: Oxford University Press.
In Vietnamese
Ban Chi Dao Doi Moi Phat Trien Doanh Nghiep (National Enterprise Reform Committee) (2008) “Cong Tac Sap Xep, Doi Moi Doanh Nghiep Nha Nuoc va Chuong Trinh”, Ke Hoach Giai Doan 2008–2010. (“The Tasks of the State Enterprise Reform 2008–2010”).
Bo Tai Chinh (Ministry of Finance) (2008) “Bao Cao Tham Luan ve Hoan Thien Co Che Quan Ly Tai Chinh Doi Voi Cong ty Nha Nuoc — Tai Lieu Hoi Nghi Sap Xep — Doi Moi Doanh Nghiep Nha Nuoc Ngay 23/4/2008” (The Report for Discussion on Improvement of Financial Management of State Enterprises — The Materials for the Conference on State Enterprise Reform, 23 April 2008).
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© 2013 IDE-JETRO
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Ishida, A. (2013). State Enterprise Groups in Vietnam Following Accession to the WTO. In: Sakata, S. (eds) Vietnam’s Economic Entities in Transition. IDE-JETRO Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137297143_2
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DOI: https://doi.org/10.1057/9781137297143_2
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-45205-7
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