A Review of Women's Entrepreneurship in Vietnam Taking into Account Socio-Cultural Norms and the Institutional Ecosystem

Abstract

This paper reviews the status quo of women entrepreneurs considering the impact of socio -cultural norms and institutions on women's entrepreneurship in Vietnam. First, we discuss relevant literature and provide an overview of women's entrepreneurship in Vietnam. We analyse the impact of socio-cultural norms and institutional landscape on motivation to start and do business of Vietnamese women and identify critical facilitators and barriers that currently affect women entrepreneurs in Vietnam. Finally, we propose recommendations for changes to traditions and norms, and improvement of government policies in supporting women entrepreneurship in Vietnam Research for this paper was funded by the Swiss State Secretariat for Economic Affairs under the SECO / WT I Academic Cooperation Project, based at the World Trade Institute of the University of Bern, Switzerland.SECO working papers are preliminary documents posted on the WTI website ( www.wti.org) and widely circulated to stimulate discussion and critical comment. These papers have not been formally edited. Citat ions should refer to a "SECO / WTI Academic Cooperation Project" paper with appropriate reference made to the author(s). We analyse the impact of socio-cultural norms and institutional landscape on motivation to start and do business of Vietnamese women and identify critical facilitators and barriers that currently affect women entrepreneurs in Vietnam. Finally, we propose recommendations for changes to traditions and norms, and improvement of government policies in supporting women entrepreneurship in Vietnam.

Mobile Internet and income improvement: Evidence from Viet Nam

“…Future micro-data collection can be done to disentangle the heterogeneous effects for subgroups of the population, e.g., in terms of age (Caldarola et al 2022;Kaila and Tarp 2019) or gender (Hoang Anh et al 2016;T.H. Nguyen 2017;Zhu et al 2015); and to dissect micro-mechanisms of impacts, including (1) information (about job search, migration or immigration); ( 2) communications (including social media platforms) that help to promote entrepreneurship, informal economy, e-commerce, and remittances (via social contact/groups) );…”

“…Through the use of RIAs, MSMEs have been able to communicate with providers to get better information about products, to pay cashlessly, and to improve their business efficiency. There is also evidence that female entrepreneurs, including 'mumpreneurs', seem to benefit more(Hoang Anh et al 2016;T.H. Nguyen 2017;Zhu et al 2015).…”