SAGE
Advances in Developing Human Resources
,  volume 22 ,  issue 2 ,  pages 215-226

Vietnamese Women Entrepreneurs’ Motivations, Challenges, and Success Factors

Hoang Anh Nguyen 1
, 
Tam To Phuong 1
, 
Thuy Thi Bich Le 1
, 
Linh Phuong Vo 2
1
 
Foreign Trade University, Hanoi, Vietnam | 
2
 
The Graduate Institute, Geneva, Switzerland | 
Publication type: Journal Article
Publication date: 2020-02-28
SAGE
scimago Q2
wos Q2
SJR: 0.957
CiteScore: 8.4
Impact factor: 2.4
ISSN: 15234223, 15523055
Organizational Behavior and Human Resource Management
Abstract
The Problem

According to the Mastercard Index of Women Entrepreneurs, 31.3% of businesses in Vietnam are owned by women, placing Vietnam at the sixth out of the 53 surveyed economies. Despite the prevalence of female entrepreneurship in Vietnam, little is known about the motivations, challenges, and success factors of those occupying this vibrant sector of the Vietnamese economy. Greater knowledge of how women entrepreneurs perceive themselves and the Vietnamese business environment could stimulate greater support for their personal and career development.

The Solution

This study aims to explore Vietnamese women entrepreneurs’ motivations, challenges, and success factors. This qualitative research study provides (a) a brief introduction to the business context and the role of women entrepreneurs in Vietnam; (b) findings on Vietnamese women motivation for to starting and running business, as well as the challenges they face, and factors contributing to their success; and (c) recommendations for government policies, business communities, and the development of female entrepreneurs in Vietnam. As few research studies on women business owners in Vietnam are available, this empirical study can contribute to more effective practice and further research on this cohort in Vietnam.

The Stakeholders

Recommendations provided in this study will help governmental policymakers, business communities, and female entrepreneurs in Vietnam.

Found 
Found 

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GOST |
Cite this
GOST Copy
Nguyen H. A. et al. Vietnamese Women Entrepreneurs’ Motivations, Challenges, and Success Factors // Advances in Developing Human Resources. 2020. Vol. 22. No. 2. pp. 215-226.
GOST all authors (up to 50) Copy
Nguyen H. A., Phuong T. T., Le T. T. B., Vo L. P. Vietnamese Women Entrepreneurs’ Motivations, Challenges, and Success Factors // Advances in Developing Human Resources. 2020. Vol. 22. No. 2. pp. 215-226.
RIS |
Cite this
RIS Copy
TY - JOUR
DO - 10.1177/1523422320907050
UR - https://doi.org/10.1177/1523422320907050
TI - Vietnamese Women Entrepreneurs’ Motivations, Challenges, and Success Factors
T2 - Advances in Developing Human Resources
AU - Nguyen, Hoang Anh
AU - Phuong, Tam To
AU - Le, Thuy Thi Bich
AU - Vo, Linh Phuong
PY - 2020
DA - 2020/02/28
PB - SAGE
SP - 215-226
IS - 2
VL - 22
SN - 1523-4223
SN - 1552-3055
ER -
BibTex |
Cite this
BibTex (up to 50 authors) Copy
@article{2020_Nguyen,
author = {Hoang Anh Nguyen and Tam To Phuong and Thuy Thi Bich Le and Linh Phuong Vo},
title = {Vietnamese Women Entrepreneurs’ Motivations, Challenges, and Success Factors},
journal = {Advances in Developing Human Resources},
year = {2020},
volume = {22},
publisher = {SAGE},
month = {feb},
url = {https://doi.org/10.1177/1523422320907050},
number = {2},
pages = {215--226},
doi = {10.1177/1523422320907050}
}
MLA
Cite this
MLA Copy
Nguyen, Hoang Anh, et al. “Vietnamese Women Entrepreneurs’ Motivations, Challenges, and Success Factors.” Advances in Developing Human Resources, vol. 22, no. 2, Feb. 2020, pp. 215-226. https://doi.org/10.1177/1523422320907050.