The Political Economy of Competition Law in Asia
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The Political Economy of Competition Law in Asia

Edited by Mark Williams

This detailed book describes and analyses the essential political economy features that provide the backdrop to the competition policies and competition law regimes of several of the most important Asian economies.
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Chapter 5: Vietnam

David Fruitman


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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