During the last two decades, Vietnam has been undergoing a process of
deregulating economic activities and integrating into the global
economy. The passing of the Enterprise Law in 1999, which facilitated
the establishment of private enterprises, and the achievement of
membership of the World Trade Organization (WTO) in 2007 were two of the
landmark events in Vietnam's rapid growth over this period. In order to
cope with such a socioeconomic and institutional transformation,
Vietnam's domestic economic entities have employed various measures,
including technical upgrading, a shift into new areas of business, the
diversification of capital acquisition, the adoption of new models of
corporate governance, and other measures. As a result, the
reorganization of Vietnam's domestic economic entities, such as the
equitization of many state-owned enterprises, the emergence of
large-scale private enterprises and the revitalization of rural
entrepreneurs have taken place in many areas. This book attempts to
analyze economic activity in Vietnam, covering a variety of types and
sizes of Vietnam's domestic economic entities from large-scale
stateowned enterprises to micro-scale rural entrepreneurs.