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Privatization of Vietnam Airlines: A successful Reform or A Timid Policy Step

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  • Mai, Nhat Chi

Abstract

This study provides an overview about the privatization process of the national airlines in Vietnam, representing for a key large SOE which has been privatized. Therefore, it helps to reflect the process of the country in term of the government perspectives in general, through which to bring ideas or suggestion for more efficient policy to favor liberalization. Privatization of state-owned enterprises (SOEs) is one pillar of the structural reforms in addition to the deregulation and trade liberalization. As a necessity for development, Vietnam implemented privatization along with the Renovation policy to transfer from a centrally planned market to an open and market-oriented economy as a necessity for development. The privatization process in Vietnam is on-going and has begun in large SOEs. The privatization of Vietnam Airlines is a typical case of a large-scale concern undergoing privatization through equitization. This study is of particular interest for the Vietnam Airlines’ privatization in evaluating the success or failure of the equitization.

Suggested Citation

  • Mai, Nhat Chi, 2022. "Privatization of Vietnam Airlines: A successful Reform or A Timid Policy Step," OSF Preprints duwym, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:duwym
    DOI: 10.31219/osf.io/duwym
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