Tuesday, June 5, 2012

Asia - Voice of America: Vietnam's Move to Publish Earnings Hailed

Asia - Voice of America
asia
Vietnam's Move to Publish Earnings Hailed
Jun 5th 2012, 14:55

HANOI - Mired by mismanagement and debt, state-owned enterprises are the bane of the Vietnamese economy. But a recent move to publicize earnings is being hailed as a revolutionary step towards reform.   When Vietnamese police issued an arrest warrant for the former chairman of a state-owned shipping and port operator, many observers were not surprised.     In a country dogged with high inflation and food prices, most people blame economic woes on debt-ridden state-owned ...

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