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as a spur to improve profitability, efficiency, investment, and growth. In contrast to the operating and financial …. Profitability and efficiency decline in the five years after privatization. Sales grow, capital investment improves, and debt levels … fall after privatization. We argue that the privatizations have been unsuccessful (in terms of profitability and efficiency …
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In Viet Nam, the reform of state-owned enterprises (SOEs) in recent years has become an essential mission to improve their performance in the context of international economic integration. It also represents the commitment of the Vietnamese Government to renovating economic institutions as well...
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