Rural Entrepreneurship in Vietnam

Abstract

Rural Vietnam can be defined in three settings that include agriculture, rural development, and rural livelihoods, in which the agriculture has played a critical role in Vietnam's economy, contributing 20% to the GDP and 40% to the working population. This chapter attempts to identify the facilitators and potential barriers to rural entrepreneurship in Vietnam by following a qualitative research design examining the literature. Further, the chapter particularly attempts to identify the facilitators and potential barriers to develop rural entrepreneurship in the high-tech context. The analysis of the study illustrates the two most critical facilitators for rural entrepreneurship in Vietnam as “enterprise capitals” and “innovation including technology.” Further, the study also highlighted barriers such as “limited access to distribution channels” and “limited access to business support and technology.”