Loc Viet Nguyen
The business community is a social force which has had a great influence on all aspects of life and the socioeconomic conditions of every country. In the context of today’s globalization, particularly in international economic integration and the multi-cultural business climate, the current study will offer a theoretical model of entrepreneurial culture in order to identify, measure and evaluate the essential entrepreneurial culture of the business community. The paper introduces an entrepreneurial culture model through a cultural value system approach. The value system approach, also known as the table of cultural stratification values, helps model the entrepreneurial culture created by value factors. Such factors can be measured, they are easy to reproduce and help identify the strengths and weaknesses of the business community.
Nguyen Duc Thanh and Pham Van Dai
Recent studies have clearly pointed out a decreasing trend of Vietnam’s economic growth in the short and the medium terms. This paper presents a study applying the growth diagnostic method for Vietnam to determine growth constrains. The binding growth constrains of Vietnam are found to include a poor business environment; an underdeveloped infrastructure, especially the transportation network market; failures related to information externalities, learning externalities and coordination failures. Notably, the energy infrastructure could be a vital constraint in a near future, but is not a binding constraint at present. The inefficiency of financial intermediaries and the government’s over-investment could become a binding constraint when the economy returns to its high growth path.