Informality and the Playing Field in Vietnam's Business Sector
The development story in Vietnam in recent years has been one of remarkable progress (Dollar 2002). Over the 1990s, the economy doubled and the incidence of poverty declined by half. Although these are indeed notable achievements, they are but the...
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Washington, DC: World Bank and the International Finance Corporation
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2003/08/2620134/informality-playing-field-vietnams-business-sector http://hdl.handle.net/10986/15084 |
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okr-10986-150842021-04-23T14:03:12Z Informality and the Playing Field in Vietnam's Business Sector Tenev, Stoyan Carlier, Amanda Chaudry, Omar Nguyen, Quynh-Trang ACCESS TO CAPITAL ACCOUNTABILITY ADMINISTRATIVE PROCEDURES ADMINISTRATIVE SYSTEM ALLOCATION OF RESOURCES AND MEDIUM ENTERPRISES BANK CREDIT BANK LOANS BUREAUCRACY BUREAUCRATIC INTERFERENCE BUSINESS ASSOCIATIONS BUSINESS COMMUNITY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUSINESS SERVICES BUSINESS TRANSACTIONS COMMERCIAL BANKS COMPANY CORPORATION CORPORATIZATION COURT SYSTEM DECISION MAKING ENACTMENT ENTERPRISE REFORM FINANCIAL INSTITUTIONS FINANCIAL SECTOR FIRMS FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN PARTICIPATION FORMAL CONTRACTS GOVERNMENT AGENCIES GOVERNMENT INTERVENTION GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT SERVICES INDUSTRIAL OUTPUT INFORMAL BUSINESS INFORMAL ECONOMY INVESTMENT CLIMATE JOB CREATION LABOR FORCE LEASING LEGAL FORM LEGAL SYSTEM LEGITIMACY LICENSING LOCAL ENTREPRENEURS LOCAL GOVERNMENT LOCAL GOVERNMENT AGENCIES LOCAL GOVERNMENTS MEDIUM ENTERPRISE DEPARTMENT NATIONS PREFERENTIAL TREATMENT PRIVATE COMPANIES PRIVATE ENTERPRISES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR DEVELOPMENT FACILITY PRIVATE SECTOR EMPLOYMENT PRIVATE SECTOR GROWTH PUBLIC SERVICE REGULATORY BURDENS REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REPRESENTATIVES SMALL SMALL AND MEDIUM ENTERPRISE SMALL AND MEDIUM ENTERPRISES SME SMES SOCIAL COST SOCIAL SECURITY STATE AGENCIES STATE ASSETS STATE CONTROL STATE ENTERPRISES STATE OWNERSHIP STATE SECTOR STATE- OWNED ENTERPRISES STATE-OWNED ENTERPRISES TAX EXEMPTIONS TAX INSPECTIONS TAX RATES TAXATION TRANSPARENCY POLICY MAKING PROCESSES BUSINESS PRIVATE SECTOR BUSINESS ACTIVITY FLOWS GOVERNMENT INTERVENTION LEGAL SYSTEMS GLOBALIZATION ECONOMIC GROWTH REGULATORY FRAMEWORK POVERTY REDUCTION DEVELOPMENT The development story in Vietnam in recent years has been one of remarkable progress (Dollar 2002). Over the 1990s, the economy doubled and the incidence of poverty declined by half. Although these are indeed notable achievements, they are but the first steps across a difficult terrain. About 30 million people, or more than a third of the total population, continue to live in poverty, and 25 million, or about 60 percent of the labor force, are either underemployed or unemployed. To create jobs for the unemployed, underemployed, and new additions to the work force, Vietnam will have to double the economy again by the end of the decade, but this cannot happen unless both the level and the quality of investment increase substantially. According to World Bank estimates, average total investment must reach 30 percent of gross domestic product (GDP) by 2010, which represents a 5 percent increase over the 1990s, while average productivity will have to be about 40 percent higher (World Bank 2001). To achieve these objectives, Vietnam needs to encourage the private sector to contribute more to economic growth. This will require significant improvements in its business environment. 2013-08-14T20:32:11Z 2013-08-14T20:32:11Z 2003-08 http://documents.worldbank.org/curated/en/2003/08/2620134/informality-playing-field-vietnams-business-sector 0-8213-5647-x http://hdl.handle.net/10986/15084 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank and the International Finance Corporation Publications & Research :: Publication 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 |
ACCESS TO CAPITAL ACCOUNTABILITY ADMINISTRATIVE PROCEDURES ADMINISTRATIVE SYSTEM ALLOCATION OF RESOURCES AND MEDIUM ENTERPRISES BANK CREDIT BANK LOANS BUREAUCRACY BUREAUCRATIC INTERFERENCE BUSINESS ASSOCIATIONS BUSINESS COMMUNITY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUSINESS SERVICES BUSINESS TRANSACTIONS COMMERCIAL BANKS COMPANY CORPORATION CORPORATIZATION COURT SYSTEM DECISION MAKING ENACTMENT ENTERPRISE REFORM FINANCIAL INSTITUTIONS FINANCIAL SECTOR FIRMS FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN PARTICIPATION FORMAL CONTRACTS GOVERNMENT AGENCIES GOVERNMENT INTERVENTION GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT SERVICES INDUSTRIAL OUTPUT INFORMAL BUSINESS INFORMAL ECONOMY INVESTMENT CLIMATE JOB CREATION LABOR FORCE LEASING LEGAL FORM LEGAL SYSTEM LEGITIMACY LICENSING LOCAL ENTREPRENEURS LOCAL GOVERNMENT LOCAL GOVERNMENT AGENCIES LOCAL GOVERNMENTS MEDIUM ENTERPRISE DEPARTMENT NATIONS PREFERENTIAL TREATMENT PRIVATE COMPANIES PRIVATE ENTERPRISES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR DEVELOPMENT FACILITY PRIVATE SECTOR EMPLOYMENT PRIVATE SECTOR GROWTH PUBLIC SERVICE REGULATORY BURDENS REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REPRESENTATIVES SMALL SMALL AND MEDIUM ENTERPRISE SMALL AND MEDIUM ENTERPRISES SME SMES SOCIAL COST SOCIAL SECURITY STATE AGENCIES STATE ASSETS STATE CONTROL STATE ENTERPRISES STATE OWNERSHIP STATE SECTOR STATE- OWNED ENTERPRISES STATE-OWNED ENTERPRISES TAX EXEMPTIONS TAX INSPECTIONS TAX RATES TAXATION TRANSPARENCY POLICY MAKING PROCESSES BUSINESS PRIVATE SECTOR BUSINESS ACTIVITY FLOWS GOVERNMENT INTERVENTION LEGAL SYSTEMS GLOBALIZATION ECONOMIC GROWTH REGULATORY FRAMEWORK POVERTY REDUCTION DEVELOPMENT |
| spellingShingle |
ACCESS TO CAPITAL ACCOUNTABILITY ADMINISTRATIVE PROCEDURES ADMINISTRATIVE SYSTEM ALLOCATION OF RESOURCES AND MEDIUM ENTERPRISES BANK CREDIT BANK LOANS BUREAUCRACY BUREAUCRATIC INTERFERENCE BUSINESS ASSOCIATIONS BUSINESS COMMUNITY BUSINESS DEVELOPMENT BUSINESS ENVIRONMENT BUSINESS OPERATIONS BUSINESS SERVICES BUSINESS TRANSACTIONS COMMERCIAL BANKS COMPANY CORPORATION CORPORATIZATION COURT SYSTEM DECISION MAKING ENACTMENT ENTERPRISE REFORM FINANCIAL INSTITUTIONS FINANCIAL SECTOR FIRMS FOREIGN COMPANIES FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT FOREIGN PARTICIPATION FORMAL CONTRACTS GOVERNMENT AGENCIES GOVERNMENT INTERVENTION GOVERNMENT OFFICIALS GOVERNMENT POLICY GOVERNMENT SERVICES INDUSTRIAL OUTPUT INFORMAL BUSINESS INFORMAL ECONOMY INVESTMENT CLIMATE JOB CREATION LABOR FORCE LEASING LEGAL FORM LEGAL SYSTEM LEGITIMACY LICENSING LOCAL ENTREPRENEURS LOCAL GOVERNMENT LOCAL GOVERNMENT AGENCIES LOCAL GOVERNMENTS MEDIUM ENTERPRISE DEPARTMENT NATIONS PREFERENTIAL TREATMENT PRIVATE COMPANIES PRIVATE ENTERPRISES PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PRIVATE SECTOR DEVELOPMENT FACILITY PRIVATE SECTOR EMPLOYMENT PRIVATE SECTOR GROWTH PUBLIC SERVICE REGULATORY BURDENS REGULATORY FRAMEWORK REGULATORY REQUIREMENTS REPRESENTATIVES SMALL SMALL AND MEDIUM ENTERPRISE SMALL AND MEDIUM ENTERPRISES SME SMES SOCIAL COST SOCIAL SECURITY STATE AGENCIES STATE ASSETS STATE CONTROL STATE ENTERPRISES STATE OWNERSHIP STATE SECTOR STATE- OWNED ENTERPRISES STATE-OWNED ENTERPRISES TAX EXEMPTIONS TAX INSPECTIONS TAX RATES TAXATION TRANSPARENCY POLICY MAKING PROCESSES BUSINESS PRIVATE SECTOR BUSINESS ACTIVITY FLOWS GOVERNMENT INTERVENTION LEGAL SYSTEMS GLOBALIZATION ECONOMIC GROWTH REGULATORY FRAMEWORK POVERTY REDUCTION DEVELOPMENT Tenev, Stoyan Carlier, Amanda Chaudry, Omar Nguyen, Quynh-Trang Informality and the Playing Field in Vietnam's Business Sector |
| geographic_facet |
East Asia and Pacific Vietnam |
| description |
The development story in Vietnam in
recent years has been one of remarkable progress (Dollar
2002). Over the 1990s, the economy doubled and the incidence
of poverty declined by half. Although these are indeed
notable achievements, they are but the first steps across a
difficult terrain. About 30 million people, or more than a
third of the total population, continue to live in poverty,
and 25 million, or about 60 percent of the labor force, are
either underemployed or unemployed. To create jobs for the
unemployed, underemployed, and new additions to the work
force, Vietnam will have to double the economy again by the
end of the decade, but this cannot happen unless both the
level and the quality of investment increase substantially.
According to World Bank estimates, average total investment
must reach 30 percent of gross domestic product (GDP) by
2010, which represents a 5 percent increase over the 1990s,
while average productivity will have to be about 40 percent
higher (World Bank 2001). To achieve these objectives,
Vietnam needs to encourage the private sector to contribute
more to economic growth. This will require significant
improvements in its business environment. |
| format |
Publications & Research :: Publication |
| author |
Tenev, Stoyan Carlier, Amanda Chaudry, Omar Nguyen, Quynh-Trang |
| author_facet |
Tenev, Stoyan Carlier, Amanda Chaudry, Omar Nguyen, Quynh-Trang |
| author_sort |
Tenev, Stoyan |
| title |
Informality and the Playing Field in Vietnam's Business Sector |
| title_short |
Informality and the Playing Field in Vietnam's Business Sector |
| title_full |
Informality and the Playing Field in Vietnam's Business Sector |
| title_fullStr |
Informality and the Playing Field in Vietnam's Business Sector |
| title_full_unstemmed |
Informality and the Playing Field in Vietnam's Business Sector |
| title_sort |
informality and the playing field in vietnam's business sector |
| publisher |
Washington, DC: World Bank and the International Finance Corporation |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2003/08/2620134/informality-playing-field-vietnams-business-sector http://hdl.handle.net/10986/15084 |
| _version_ |
1764425560940871680 |