High-growth firm is the research object of economic and business studies, because of its important influence on job creation, innovation, and tax revenues increase for the nation. This paper is designed to find some empirical evidence on the role of corporate governance on the firm’s growth, thereby providing some policy implications for improving corporate governance activities in practice. Using a sample of 241 listed companies on Vietnam's stock market in the period 2008-2017, divided into 2 groups: high-growth firms and non-high-growth firms and applying a GMM regression with the dependent variable as 3-year compound growth rate, the study finds evidence of factors affecting the growing ability of corporate governance, namely: the ownership structure, the characteristics of the Board of Directors (size, independence, gender, non-executive member, experience), and the characteristics of the CEO (age, educational level, ownership, duality).