STATE ENTERPRISES IN CURRENT VIETNAMESE COMMERCIAL ENVIRONMENT

Abstract

In Vietnam, state enterprises are always associated with important sectors of the economy. For a long time, state enterprises have always been identified as an indispensable part of the Vietnam economy. In all stages of Vietnam's development, state enterprises always to prove that they hold the leading position and the primary role, and are essential for the whole economy. In Vietnam's commercial environment, state enterprises have strengths and limitations. However, from current business practices, state enterprises’ disadvantages are being revealed more and more. On the other hand, the system of laws that can be applied to these enterprises also contains numerous inadequate and contradictory articles. This has hindered the operation of the state enterprises. Against this background, the central question that motivates this article is the compatibility between state enterprises and the current commercial environment in Vietnam, from which, this article figures out its advantages and disadvantages and proposes solutions.