Without a king: Vietnam SOE reform needs solidarity

The country's prime minister has set an ambitious agenda of semi-privatisation but the biggest transactions aimed at attracting foreign buyers are the least likely to be realised.

One of Vietnam’s most celebrated writers, Nguyen Hui Thiep, neatly captured the reality of the country’s state-owned enterprises in a short story from the 1980s titled “Without a King”.

¬ Haymarket Media Limited. All rights reserved.

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