Institutional Environment of Small Private Enterprises in Vietnam

Cao Thuy Xiem
Economics Faculty, National Economics University
Hanoi, Vietnam
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Truong Doan The
Faculty of Business Administration, National Economics University
Hanoi, Vietnam
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Abstract

The paper examines institutional environment in which small private enterprises operate in Vietnam. The quantitative research was conducted to identify advantageous and disadvantageous factors of the institutional environment. Generally speaking, at the institutional level the environment has been improved, however differences between de jure and de facto improvements still there. While at the organizational level the least improved environmental factor was limited management’s competence. The research proposed the further reform of institutional environment should emphasize enforcement characteristics and the support by government to upgrade management’s competence should be in right time and right place.

Keywords: institutional environment, management’s competence, small private enterprises.

JEL codes: L5, L2, M1.

 
Download International Journal Vol.06 No.01 Mar 2021 in PDF