This research focused on exploring capital structure that would have an impact on the Vietnamese company's profitability. Theoretically, we apply agency theory which mentions the separation of ownership and management, which leads to the problem when the managers act in their own interests...

By the mid 1980s, Vietnam's economic system had deteriorated to the point of crisis. Chronic shortages of key staples had fanned hyperinflation and localised outbreaks of commercial activities contrary to central regulations had become endemic. In the face of these forces, a vigorous reform...