Corporate Governance in Vietnam : Success Stories

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...

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Bibliographic Details
Main Author: Centre for Asia Private Equity Research Ltd.
Format: Working Paper
Language:English
en_US
Published: International Finance Corporation, Vietnam 2015
Subjects:
TAX
IPO
Online Access:http://documents.worldbank.org/curated/en/2015/06/24624010/corporate-governance-vietnam-success-stories
http://hdl.handle.net/10986/22058
id okr-10986-22058
recordtype oai_dc
spelling okr-10986-220582021-04-23T14:04:06Z Corporate Governance in Vietnam : Success Stories Centre for Asia Private Equity Research Ltd. 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 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. 2015-06-24T20:16:45Z 2015-06-24T20:16:45Z 2015-05 Working Paper http://documents.worldbank.org/curated/en/2015/06/24624010/corporate-governance-vietnam-success-stories http://hdl.handle.net/10986/22058 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ International Finance Corporation International Finance Corporation, Vietnam Publications & Research Publications & Research :: Publication East Asia and Pacific Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic 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
spellingShingle 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
Centre for Asia Private Equity Research Ltd.
Corporate Governance in Vietnam : Success Stories
geographic_facet East Asia and Pacific
Vietnam
description 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.
format Working Paper
author Centre for Asia Private Equity Research Ltd.
author_facet Centre for Asia Private Equity Research Ltd.
author_sort Centre for Asia Private Equity Research Ltd.
title Corporate Governance in Vietnam : Success Stories
title_short Corporate Governance in Vietnam : Success Stories
title_full Corporate Governance in Vietnam : Success Stories
title_fullStr Corporate Governance in Vietnam : Success Stories
title_full_unstemmed Corporate Governance in Vietnam : Success Stories
title_sort corporate governance in vietnam : success stories
publisher International Finance Corporation, Vietnam
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/06/24624010/corporate-governance-vietnam-success-stories
http://hdl.handle.net/10986/22058
_version_ 1764450112359104512