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Economic institutions play an indispensable role in creating an impetus for economic development. Although the concepts of institutions and economic institutions are not new in Vietnam, their connotation and nature remain controversial. This paper aims to clarity the connotation and the nature of institutions and economic institutions, thereby reflecting their roles in economic development. On the basis of the theoretical background, the study evaluates the qu lity of Vietn m’s e onomi institutions n offers suggestions so as to increase their quality.

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Issue: Vol 1 No Q5 (2017)
Page No.: 5-15
Published: Nov 27, 2018
Section: Research article

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Copyright: The Authors. This is an open access article distributed under the terms of the Creative Commons Attribution License CC-BY 4.0., which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

 How to Cite
Chau, A. (2018). Theory of institutions by the New Institutional Economics and institutional economic reforms in Vietnam. VNUHCM Journal of Economics, Business and Law, 1(Q5), 5-15.

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