Financial reconstruction, or reorganization, made its appearance in Vietnam in 1992 after the policy on privatization (or equitization) was adopted. This policy, at first, aimed at altering ownership, from public to private one, of companies. After 13 years, this project only made poor progress because of insolvable financial problems in state-owned companies. In 2002, to support this project, the Government established DATC (Debt and Asset Trading Corporation), a financial intermediary whose main function is to trade in debt and asset of companies through direct agreements, tendering or decisions by authorities. In 2004, the NA passed the Bankruptcy Law and Chapter 6 of the law states that companies that lose their solvency and go bankrupt are allowed to carry out recapitalization and operate again after reaching agreement with creditors in a maximum period of three years. Although this operation has existed for a long time, record and presentation of financial information of such transactions have not been mentioned fully and timely in the accounting system, which makes it difficult for companies to present such transactions in their ledgers. By analyzing financial nature of the recapitalization, this article tries to offer measures to perfect methods of recording and presenting information about recapitalization in companies to serve the State control.
"Nowadays, the existence and development of stock exchanges have become an objective prerequisite for the national finance. In the trend of integration and globalization, stock exchanges represent the operation of the stock market of countries in the world. They should be further consolidated and perfected in order to adapt to higher and higher requirements of the current market economy.
First of all, in order to figure out the operation of the HCMC Stock Exchange (HOSE) during the past time, we need to take a glance at the important developments in the Vietnam stock market.
This paper aims to determine the factors affecting to the success in knowledge management by carrying out the survey of the construction industry in HCMC. While Vietnamese construction firms have recently been facing many crises, the efficient management and operations of foreign construction firms provide some useful experience for local companies. The result of 150 respondents surveyed in the construction industry reconfirmed that the criteria of effectiveness in knowledge management can be measured by quality of service/product delivered, customer satisfaction level and profit performance which are the three of the most widely agreed criteria in most previous studies. Also it is found that knowledge management effectiveness can be considered as the uni-dimensional construct, because results of the factor analysis have showed that only one factor was extracted and specified as knowledge management effectiveness. A new finding from this paper is that the success factors on the KM effectiveness developed by Khalifa and Liu (2003) including KM strategy, culture, people, leadership, technology and can be merged into three new critical success factors, named as KM Social Capability, KM Process and KM strategy.
At present, especially after Vietnam's accession to the WTO, banking services become diverse and complicated and involve high degrees of risk, which requires independent audit of financial statements of commercial banks because this sector plays an important role in the economy and is sensitive to changes in economic and political conditions