Entrepreneurship in a Harsh Business Climate: Reform-Era Vietnam Case Solution
By the mid-1990s, a couple years into Vietnam's tentative market-oriented reforms, Vietnam's newborn private sector was at an important point. The authorities had slowly loosened its communist-era prohibitions on market actions, but had left in place most of the machines of the planned economy that was old and had done little to develop the institutions needed to underpin a market-oriented economy.
Facing impediments including the deficiency of contracts and commercial law prospered. The protagonists in the event, owner-managers of three companies that are relatively young, discuss their first success in this kind of unreceptive setting.
This is just an excerpt. This case is about GLOBAL BUSINESS
PUBLICATION DATE: March 28, 2003
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