This report was prepared by Chung-a Park and Alison McMeekin of the Corporate Governance and Corporate Finance Division of the OECD Directorate for Financial and Enterprise Affairs under the supervision of Hans Christiansen from the same division. Research assistance was provided by Tuong-Dung Nguyen, and editorial support by Pamela Duffin, Liv Gudmundson, Greta Gabbarini and Henrique Sorita Menezes.
Special thanks are attributed to the Korean Government for their funding and project support. This report is the result of a collaborative effort of the OECD and the country under review. The OECD would like to thank the representatives of Vietnamese ministries and government agencies for their co‑operation and support for fact-finding meetings and information gathering during the review process. The OECD would like to extend its gratitude to the Commission for the Management of State Capital at Enterprises, including Chairman Nguyen Hoang Anh, Vice Chairman Ho Sy Hung, Nguyen Ngoc Cham, Nguyen Thi Hoang Diep, Nguyen Thanh Le and Nguyen Thuy Linh; the Ministry of Finance, including Director General Dang Quyet Tien, Nguyen Thuy Duong, Tran Tho Hai and Bui Le Phuong; Enterprise Development Agency of the Ministry of Planning and Investment including Le Manh Hung and Thao Doan; Central Institute for Economic Management of the Ministry of Planning and Investment including Nguyen Hoa Cuong and Pham Duc Trung; the Ministry of Foreign Affairs including Minh Hang Nguyen and Phan Loc Kim Phuc; the Ministry of Home Affairs; State Securities Commission; State Audit of Viet Nam; Office of Government Inspectorate; and State Capital Investment Corporation for their active collaboration throughout this project.
This report benefitted from extremely insightful comments from the state‑owned enterprises that were interviewed during fact-finding missions, including Viet Nam Electricity (EVN), PetroViet Nam (PVN) and Viet Nam Railways (VNR). Thanks are also due to the representatives of enterprises that submitted information regarding their practices, including Electricity Viet Nam (EVN), PetroVietnam (PVN), Viet Nam Railway (VNR), Vietnam Posts and Telecommunications Group (VNPT), Vietnam Maritime Corporation (VIMC), Airport Corporation of Viet Nam (ACV), Mobifone, Petrolimex, Vietnam National Coal and Mineral Industries Group (Vinacomin), Vietnam Expressway Corporation (VEC), Viet Nam Rubber Group (VRG), Vinabata, Vinachem and Vinacafe.
The OECD would also like to extend its gratitude to the representatives of the international community and civil society, including Annette I. De Kleine Feige with the World Bank; David Aaron Robinett with Asian Development Bank; Luong Minh Huan with Vietnam Chamber of Commerce and Industry; and Le Duy Binh with Economica. The authors would also like to thank peer reviewers from the OECD Working Party on State Ownership and Privatisation Practices, including Lars Erik Fredriksson (Sweden), Michael R. Rousek and Ari Sulby (United States), Sanghyun Kwak (Korea) and Pascale de Souza Dromund (Australia) who provided expert comments.
Special thanks are also due to the members of the OECD Secretariat, including Serdar Çelik and Yun Tang with the Corporate Governance and Corporate Finance Division; Alexander Böhmer, Masahiro Katsuno and Quynh Trang Luong with the Global Relations and Co‑operation Directorate; and Kosuke Suzuki and Isabelle Luong with the Economics Department.