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The Internationalization of Vietnamese SMEs

Author

Listed:
  • Kokko, Ari

    (European Institute of Japanese Studies)

  • Sjöholm, Fredrik

    (European Institute of Japanese Studies)

Abstract

Small and medium sized enterprises (SMEs) have been important for Vietnam’s rapid economic development. However, the context in which SMEs operate are rapidly changing with the current internationalisation of the Vietnamese economy. The question posed in this paper is “How are Vietnam’s SMEs affected by the internationalization process?” This will give an indication of what challenges lie ahead if the plans for further trade liberalization and internationalization are realized. The basis of our analysis is a unique database on the activities of a large sample of Vietnamese SMEs in 1990, 1996, and 2002, with quantitative data about various aspects of company operations, as well as qualitative information about the entrepreneurs’ perceptions of the current business environment and expectations about the future.

Suggested Citation

  • Kokko, Ari & Sjöholm, Fredrik, 2004. "The Internationalization of Vietnamese SMEs," EIJS Working Paper Series 193, Stockholm School of Economics, The European Institute of Japanese Studies, revised 14 Oct 2004.
    • Handle: RePEc:hhs:eijswp:0193
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    References listed on IDEAS

    as
    1. Hill, Hal, 2000. "Export Success Against the Odds: A Vietnamese Case Study," World Development, Elsevier, vol. 28(2), pages 283-300, February.
    2. Rhys Jenkins, 2004. "Why has employment not grown more quickly in Vietnam?," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 9(2), pages 191-208.
    3. Ferdinand A. Gul & Judy S. L. Tsui, 2004. "Introduction and overview," Palgrave Macmillan Books, in: The Governance of East Asian Corporations, chapter 1, pages 1-26, Palgrave Macmillan.
    4. International Monetary Fund, 2004. "Vietnam: Poverty Reduction Strategy Paper Progress Report," IMF Staff Country Reports 2004/020, International Monetary Fund.
    5. John Thoburn, 2004. "Globalization and poverty in Vietnam: Introduction and overview," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 9(2), pages 127-144.
    6. Prema‐chandra Athukorala, 2006. "Trade Policy Reforms and the Structure of Protection in Vietnam," The World Economy, Wiley Blackwell, vol. 29(2), pages 161-187, February.
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    Citations

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    Cited by:

    1. World Bank, 2005. "Vietnam Business : Vietnam Development Report 2006," World Bank Publications - Reports 8314, The World Bank Group.
    2. Thi Bich Tran & R. Quentin Grafton & Tom Kompas, 2008. "Firm Efficiency in a Transitional Economy: Evidence from Vietnam," Asian Economic Journal, East Asian Economic Association, vol. 22(1), pages 47-66, March.
    3. Vi Dung Ngo & Frank Janssen & Marine Falize, 2016. "An incentive-based model of international entrepreneurship in emerging and transition economies," Journal of International Entrepreneurship, Springer, vol. 14(1), pages 52-74, March.
    4. Tran Quoc Trung & Nguyen Thanh Tung & Tran Duy Dong & Phan Hoai Duong, 2008. "Performance of export-oriented small and medium-sized manufacturing enterprises in Viet Nam," Working Papers 5408, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    5. Ngo Vi Dung & Frank Janssen, 2015. "Entrepreneur'S Actual Behavioral Controls, Psychic Distance Stimuli, And Export Mode Choice," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 20(02), pages 1-24.
    6. Oostendorp, Remco H. & Trung, Tran Quoc & Tung, Nguyen Thanh, 2009. "The Changing Role of Non-Farm Household Enterprises in Vietnam," World Development, Elsevier, vol. 37(3), pages 632-644, March.
    7. Thuyen, Truong Thi Ngoc & Jongwanich, Juthathip & Ramstetter, Eric D., 2014. "Productivity spillovers from foreign multinationals and trade policy: firm-level analysis of Vietnamese manufacturing," AGI Working Paper Series 2014-10, Asian Growth Research Institute.

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    More about this item

    Keywords

    SME; globalization; internationalization; trade; Vietnam;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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