The article explores how Vietnamese companies manage their money and grow. They found that Vietnamese firms adjust their finances towards a target level slowly, at about 30% per year. Factors like distance to target, firm size, and growth opportunities affect this adjustment speed. The study also shows that factors like firm size, liquidity, and tangibility impact how much debt a company has. Long-term debt strongly influences the growth of Vietnamese firms, while short-term debt has a moderate effect on sales and profits.