HCBE Faculty Articles

Title

Entrepreneurship progress and developments in Vietnam: An Interview with the Bureau Chief, Director General of the Ho Chi Minh City Ministerial Office of the Ministry of Industry and Trade

Document Type

Article

Date

1-1-2013

Publication Title

Journal of Applied Management and Entrepreneurship

ISSN or ISBN

1077-1158

Volume

18

Issue

2

First Page

116

Last Page

122

Description

Entrepreneurship plays an important role in the global economy. It is one of the powerful forces that can strengthen economies and foster innovation. Therefore, understanding entrepreneurial attitudes is of utmost importance. Policymakers need to understand more about the entrepreneurial attitudes of people, especially young business generations, and develop policies accordingly. In the U.S., entrepreneurship has long been the cornerstone of the nation's success in economic growth and innovation (Reynolds and White, 1997). In Vietnam, however, entrepreneurship has not received adequate attention because the country had been under a centrally planned economic system where state-owned enterprises kept control and government frequently interfered in market activities.

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