Growing inequalities in the Covid-19 pandemic and their effect on women entrepreneurship: A case of Vietnam

Objective: The objective of this study is to provide a general overview regarding the increased inequality due to Covid-19 in various areas and this all had an integrated effect on women-owned small and medium-sized enterprises (SMEs) across the globe and in Vietnam. Research Design & Methods: The data is collected using various research papers and the reports accessing the inequalities across the world and in Vietnam. The methodology used is compiling the various reports to provide general overview as how Covid-19 has fuelled existing inequalities and providing overview of the situation the women-owned SMEs are facing in this challenging time of pandemic. Findings: The results from the study suggest that the inequalities in various areas have increased such as inequality between and within different countries, employment sector inequalities, gender inequalities, educational inequalities, age-related inequalities and all these has created a wider gap between the barriers faced by men and women across the globe. The women-owned SMEs has found to have the higher challenges in Vietnam as compared to men-owned SMEs. Implications & Recommendations: The current literature identified the increasing inequalities of women in various countries and particular in SMEs in Vietnam. There are several studies conducted in developed countries to determine the challenges faced by women entrepreneurs, but there is dearth of studies conducted in Vietnam, especially to study the effect of Covid-19 on the women entrepreneurs. It is important to conduct this kind of study in Vietnam on women SMEs to study the impact of Covid-19 to understand the barriers the women might have faced and how the government can provide the appropriate support to women entrepreneurs in the future which further can help in empowering the women in Vietnam and helping the economy to grow. Contribution & Value Added: This paper provides the general overview of increased inequalities in various areas and in particular women-owned SMEs in Vietnam which is not summarized in earlier studies conducted in Vietnam and hence this study aims to contribute to fill this gap in the literature and provided an avenue for the future research.