Vietnamese Early-Stage Companies’ Difficulties and Their Overcome Solutions

Abstract

Start-ups is a hot topic around the world in general and Vietnam in particular. People in Vietnam and from all over the world are focusing and investing a lot on start-ups. There are many start up crowding programs in all over the world. However, the achievements from start-ups are not as high as expected, and those in Vietnam are not exceptions. The performance of Vietnamese startup companies is becoming a matter of great concerns, especially with high economical contribution, and even so, startups in Vietnam market have not achieved much success. Therefore, by using qualitative research method with conducting in-depth interviews with startup companies, this article is to find out current factors that Vietnamese startup companies faced and propose solutions to support the growth of their businesses. In addition, after investigating the factors and answers to those factors, there are opens up to further research from this paper which can help to facilitate this content in larger scale.