Comparing the business performance of the state-owned enterprises and others

Abstract

The paper examines the socioeconomic and financial efficiency to evaluate the business performance of state-owned enterprises in comparison with that of others (private enterprises and FDI ones). Accordingly, it aims to determine the role and position of economic sectors and business types, especially state-owned ones, based on their contribution to the GDP growth rate and the business performance. Analyses shed light on strengths and weaknesses of each sector and enable to extend some solutions to the restructuring of state-owned enterprises and improvement in their business performance. The research data is secondary, which is collated from Vietnam?s Statistical Yearbooks from 2000 to 2012 and the annual corporate surveys of GSO in the period 2006 ? 2009. The descriptive and comparative statistical methods are employed to describe and compare figures of socioeconomic and financial efficiency.