An exploration of Vietnamese entrepreneurs

Based on secondary data and relevant literature, this chapter outlines the common and unique features of entrepreneurs in Vietnam. As an emerging economy, Vietnam provides a context in which to explore the interaction between an old centrally-planned economy influenced by state governance and a new form of robust capitalism, as well as the influence from more developed countries. The cultural features and traits of the Vietnamese people, along with the socio-economic and political characteristics of Vietnam, are key aspects that are investigated. The development of entrepreneurship in Vietnam is a product of the combination of both old and new ideologies and the mixed market mechanism (a socialist-oriented market economy). Through such development, entrepreneurs in Vietnam remain on the path towards fine-tuning their operation and position in the current economy.