at the University of Hawaiʻi at Mānoa

Business in Vietnam

Featured Books

* Vietnam Rising Dragon
* Vietnam Rising: Culture and Change in Asia’s Tiger Cub
* Labour in Vietnam
* Learning to Be Capitalists: Entrepreneurs in Vietnam’s Transition Economy
* Vietnam Business Guide: Getting Started in Tomorrow’s Market Today

Vietnam: Rising Dragon

Vietnam Rising Dragon
by Bill Hayton
Yale University Press, 2010

The eyes of the West have recently been trained on China and India, but Vietnam is rising fast among its Asian peers. A breathtaking period of social change has seen foreign investment bringing capitalism flooding into its nominally communist society, booming cities swallowing up smaller villages, and the lure of modern living tugging at the traditional networks of family and community. Yet beneath these sweeping developments lurks an authoritarian political system that complicates the nation’s apparent renaissance. In this engaging work, experienced journalist Bill Hayton looks at the costs of change in Vietnam and questions whether this rising Asian power is really heading toward capitalism and democracy. Based on vivid eyewitness accounts and pertinent case studies, Hayton’s book addresses a broad variety of issues in today’s Vietnam, including important shifts in international relations, the growth of civil society, economic developments and challenges, and the nation’s nascent democracy movement as well as its notorious internal security. His analysis of Vietnam’s ‘police state’, and its systematic mechanisms of social control, coercion, and surveillance, is fresh and particularly imperative when viewed alongside his portraits of urban and street life, cultural legacies, religion, the media, and the arts. With a firm sense of historical and cultural context, Hayton examines how these issues have emerged and where they will lead Vietnam in the next stage of its development.

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Vietnam Rising: Culture and Change in Asia’s Tiger Cub

Vietnam Rising
by William Ratliff
Independent Institute, 2008

From Vietnam’s recent acceptance into the World Trade Organization to its post-Vietnam War reform and socialist ideals, this overview concisely examines the cultural, political, and economic changes currently at work in Vietnam within a historical context and then discusses the effects such changes have had on businessmen and entrepreneurs. Useful for those evaluating potential relationships with Vietnamese businesses or investments in the country’s economy, this study explores matters of credit, private enterprise, monetary policy, and the role of globalization.

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Labour in Vietnam

Labour in Vietnam
by Anita Chan
Institute of Southeast Asian Studies, 2011

Two decades after Vietnam introduced a programme of economic renovation commonly known in Doi Moi, the country today allows market competition in industry, and a new working class has been created. This is the first book to focus on the role and conditions of workers in the new economic regime. The authors of the book trace Vietnam’s labour history, explore the impact of the socialist legacy and examine the reasons for the large number of recent strikes. The book provides insights into the workforce of one of Asia’s most rapidly developing industrial economies.

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Learning to Be Capitalists: Entrepreneurs in Vietnam’s Transition Economy

Learning to Be Capitalists
by Annette Kim
Oxford University Press, 2008

Why have some countries been able to escape the usual dead end of international development efforts and build explosively growing capitalist economies? Based on years of fieldwork, this book provides a detailed account of the first generation of entrepreneurs in Vietnam in comparison to those in other transition countries. Focusing on the emergence of private land development firms in Ho Chi Minh City, the author shows how within seven years the private sector produced the majority of all new houses in the real estate market. This book demonstrates that capitalist entrepreneurialism was not the result of state initiative, properly incentivized policies, or individual personality traits. Rather, a society-wide reconstruction of cognitive paradigms enabled entrepreneurs to emerge and transformed Vietnam from a poor, centrally planned economy to one of the fastest growing, market economies in the world.

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Vietnam Business Guide: Getting Started in Tomorrow’s Market Today

Vietnam Business Guide
by Kimberly and Brian Vierra
Wiley, 2010

Vietnam Business Guide is meant to serve as a practical guide to preparing for a business venture in Vietnam and then setting it up and dealing with the daily challenges that will be encountered. The book is structured to provide valuable information on the current state of the Vietnamese business environment in two ways: 1) by providing facts and raw information, 2) by citing examples and stories of what real individuals and companies have encountered and what they have done to overcome these obstacles. The two approaches are meant to support and provide context for each other. Instead of just presenting the relevant information, the book outlines the reality of their application, which is critically important for newcomers to the country.

This guide is broken into three parts comprising of “Considering Vietnam,” “Starting Up in Vietnam,” and “The Daily Challenges.” Addressing these three phases makes it relevant for businessmen at all stages of their business ventures in the country, as well as individuals going to the country on political assignments and graduate students studying the country’s business environment.

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