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Barriers to woman entrepreneurship in Vietnam
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Barriers to woman entrepreneurship in Vietnam
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Women entrepreneurs can contribute significantly to economic development in Vietnam. But women face unique challenges in self-employment. These challenges have not been adequately studied. The objective of this study was to identify barriers to women entrepreneurship in Vietnam and propose recommendations to enhance this endeavor in the country. A survey that included nearly 200 women-owned businesses was conducted. | Journal of Economics and Development Vol.21 Special Issue 2019 pp. 168-174 ISSN 1859 0020 Barriers to Woman Entrepreneurship in Vietnam Bui Huy Nhuong National Economics University Vietnam Email nhuongbh@neu.edu.vn Received 19 August 2018 Revised 28 November 2018 Accepted 08 December 2018 Abstract Women entrepreneurs can contribute significantly to economic development in Vietnam. But women face unique challenges in self-employment. These challenges have not been adequately studied. The objective of this study was to identify barriers to women entrepreneurship in Vietnam and propose recommendations to enhance this endeavor in the country. A survey that included nearly 200 women-owned businesses was conducted. This study found that women entrepreneurs are running businesses well. They are currently facing barriers such as obtaining finance work-home conflicts lack of education and training in business and management skills. They furthermore indicated as their main support need the need for financial support for business training and advice and a need to network with other business owners and for marketing support. Practical recommendations are suggestedfor Government and women entrepreneurs to overcome these obstacles and to ensure that women entrepreneurs can sufficiently contribute to the economy and empower themselves economically. Keywords Barriers of infrastructure barriers of role behavioral barriers educational and training barriers legal barriers professional barriers social and cultural barriers. JEL code F68. Journal of Economics and Development 168 Vol. 21 Special Issue 2019 1. Introduction After the global crisis in a framework of stability-oriented macroeconomic policies employment is now a matter of concern for all countries over the world. Simplifying the administrative environment for enterprises promoting sustainable development and boosting small business start-ups especially those run by new or would-be entrepreneurs such as young people and women
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