Recent Trend of Women Entrepreneurship – A Study on Vietnamese Economy

Abstract

Entrepreneurship plays a crucial role in the development of an economy of any country across the whole world and Women empowerment is considered as a key factor of economic growth of a nation. In this article the present condition and status quo of the women entrepreneurship scenario in Vietnam region-wise has been studied along with identification of the purviews of the government initiatives taken on the fronts of the five factors responsible for the growth of the women entrepreneurship in Vietnam namely, Business Climate, Business Costs, Debt Finance, Employment Support, Other Finance. Though women owned companies as well as the women entrepreneurs contributed enormously to the job creation and economic development of Vietnam, but full utilization of women labour-force is somewhat not done. Keeping the hindrances aside, since the economic reform in 1986 Vietnamese women’s greater participation in the entrepreneurial activities and also making greater contribution to the economy.