After the Asian financial crisis of 1997-1998, capital needs for development are enormous. Whilein our country, still less developed capital markets, credit bank-capital mainly for playback production-sales-increase fast.Governance is not yet tight, administrative capacity of many institutions and businesses also many weak, there are some violations of the law.Along with the impact of the financial crisis and global economic downturn, the financial markets, the the school property is affected seriously, production-business clout, many business losses, do not pay the debt, resulting in increased bad debt.Vietnam ranks 22nd on corporate governanceIn the report "balance between principles and flexibility" mentioned the transparency the ability to execute and some of the tools in business management are being applied in 25 markets, including Vietnam, due to the audit and consulting firm KPMG and the Association of Certified Accountants (ACCA) published at the end of January 2015, the enterprise management tool of Vietnam ranked 22/25, only stand on Myanmar, Brunei, Laos and Cambodia lower (20th) as well as the difference quite far Thailand (11th).
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