tư nhân hóa
Definition
- Verb:
- To privatize: The primary meaning of "tư nhân hóa" is the act of transferring ownership, control, or management of a business, industry, or service from the government or public sector to private individuals or companies.
Usage Examples
- Verb:
- Chính phủ quyết định tư nhân hóa một số doanh nghiệp nhà nước. (The government decided to privatize several state-owned enterprises.)
- Ngành viễn thông đã được tư nhân hóa cách đây một thập kỷ. (The telecommunications industry was privatized a decade ago.)
Advanced Usage
- The term is often used in economic, political, and business contexts to describe a major structural reform. It implies a shift from a state-controlled model to a market-driven one.
- Quá trình tư nhân hóa có thể đi kèm với cổ phần hóa. (The privatization process can be accompanied by equitization.)
Variants and Related Words
- Cổ phần hóa (v): to equitize; to transform a state-owned enterprise into a joint-stock company. This is a related but distinct process, often a step toward full privatization.
- Tư nhân (n): private sector; private individual.
Synonyms
- Privatize: to transfer from public to private ownership.
- Denationalize: to remove from state control or ownership.
Related Terms and Concepts
- Doanh nghiệp nhà nước (n): state-owned enterprise (SOE).
- Kinh tế thị trường (n): market economy.
- Độc quyền nhà nước (n): state monopoly.