Private Sector Discussion Papers

PSDP No. 4 Establishing a Venture Capital Firm in Vietnam
This preliminary study sought to determine the feasibility of establishing an independent, commercially viable, on-shore venture capital fund in Vietnam to address the severe shortage of investment capital faced by the country’s corporate private sector. In 1999, of 24,000 registered private companies, 7,000 were limited liability or joint stock companies. ...more

PSDP No. 3 Equitization of State Enterprises in Vietnam
Despite a pilot program in 1992 and a decree in 1996 to further encourage the process, by 1998, only 17 Vietnamese State-owned enterprises (SOEs) had been equitized (privatized) into joint stock companies (JSCs). This MPDF-commissioned report delivers the results of a study done by its authors for Vietnam’s Ministry of Finance (MOFI) on the process of equitization in Vietnam and the status of the country’s then 17 equitized firms in order to identify the key issues facing future equitization programs. ...more

PSDP No. 2 A Survey of Medium and Large Private Companies in the Lao PDR
111 companies were surveyed in August and September 1997 to document the state of the corporate private sector in Lao PDR. The sample firms had to be sizeable (US$100,000 in assets) registered, majority private-owned, and engaged in business activities other than farming, trading, and real estate. About 25% of the roughly 400 qualifying companies were interviewed....more

PSDP No. 1 The Emerging Private Sector and the Industrialization of Vietnam
Authors Riedel and Tran explored the rising private sector in Vietnam, its status and its potential role in the country’s industrialization, as well as problems it might face in the future. They cited their concern that the private sector’s already small (27%) share of the industrial sector was declining....more