Chapter 5: Vietnam
Vietnam is at an exciting stage in the development of its competition policy. As the pressures of Vietnam’s developing ‘social-oriented market economy’ balance against its traditional centrally planned and state-owned enterprise (SOE) dominated economy, competition policy will be one of the more interesting policy areas in the continuing development of the economy. A brief overview of the political economy of Vietnam is provided below as a background to understanding its evolving competition policy. With this background in place, Vietnam’s competition law will be outlined along with a discussion of recent cases and relevant issues.
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