“…Based on the regional aspect, the focus of research in the context of the Asia Pacific region is still in the development stage, especially for KM issues and their implementation in SMEs in certain countries such as Vietnam (Nguyen H. T., 2011). Vietnam is a developing country, a developing Asian country, where a socialist market economy, Confucian culture and majority of SMEs exist (Nguyen, Neck, & Nguyen, 2008). The country is late in the development of a knowledge-based economy, where KM is still considered a rather expensive management tool.…”