1 AIT Asian Institute of Technology

Tourism joint ventures in the South of Vietnam : problems and prospects

AuthorNguyen Quoc Hung
Call NumberAIT RSPR no. SM-93-12
Subject(s)Tourist trade--Vietnam
Joint ventures--Vietnam
Note A research study submitted in partial fulfilment of the requirements for the degree of Master of Business Administration.
PublisherAsian Institute of Technology
Series StatementResearch studies project report ; no. SM-93-12
AbstractJoint venture is a relative new phenomenon which appeared in Vietnam only in the past five years. Since the date ofpromulgation ofForeign Investment Law of Vietnam in 1987, 470 joint ventures have been established of which 21.8% are tourism joint ventures. Some of them, especially tourismjoint ventures have already realizedprofits and continue to peiform efficiently. Vietnamese Investment Law has been considered one ofthe most open-laws in Asia. Although Vietnamese Investment environment appears attractive, we observe that in practice, a lot of problems exist for both partners such as: lack of capital, US embargo against Vietnam, the inconsistency ofpolicies, poor infrastructure as well as inadequacy ofskilled-labors, management skills, Vietrtam 's banking system,etc. Based on the study, we identify some ofthe problems and offer points ofconsideration to firms interested in forming or establishing a tourism joint venture in Vietnam.
Year1993
Corresponding Series Added EntryAsian Institute of Technology. Research studies project report ; no. SM-93-12
TypeResearch Study Project Report (RSPR)
SchoolSchool of Management (SOM)
DepartmentOther Field of Studies (No Department)
Academic Program/FoSMaster of Business Administration in International Business (Publication code = SM)
Chairperson(s)Atipol Bhanich Supapol
Examination Committee(s)Swierczek, Fredric William;Hyun, Jae-Ho
Scholarship Donor(s)The Government of France
DegreeResearch Studies Project Report (M.B.A.) - Asian Institute of Technology, 1993


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