Abstract
The previous two chapters have suggested that Vietnam needs to cultivate social capital of the sort necessary for a market economy, and that small Vietnamese enterprises have their own way of generating such capital. The thesis of this chapter is that international corporations can foster social capital at two levels, and so contribute indirectly to the reduction of poverty. This chapter first reviews recent history and explores how these businesses might contribute at the ‘macro’ level of rendering Vietnamese governmental institutions more responsive and transparent. Then an extended case study shows how companies might contribute at the ‘micro’ level through human-resource practices that encourage managers and workers to develop ‘bridging’ networks of collaboration and mutual reliability.
This is a preview of subscription content, log in via an institution.
Buying options
Tax calculation will be finalised at checkout
Purchases are for personal use only
Learn about institutional subscriptionsPreview
Unable to display preview. Download preview PDF.
References
Auffret, P. (2003) ‘Trade Reform in Vietnam: Opportunities With Emerging Challenges’, World Bank Policy Research Working Paper 3076, June, World Bank [website] (updated 29 September 2003) http://econ.worldbank.org/view.php?topic=16&type=5&id=27368, accessed 29 September 2003.
Chanda, Nayan (2000) ‘Blowing Hot and Cold’, Far Eastern Economic Review, 30 November, Thong Luan [website] (updated 30 November 2000) http://www.thongluan.org/EN/Opinion/NayanChanda_BlowingHotAnhCold.html, accessed 30 September 2003.
The Economist (2000): ‘Good Night, Vietnam’, 8 January, pp. 65–6.
Frank, R. (2000) ‘In Paddies of Vietnam, Americans Once Again Land in a Quagmire’, Wall Street Journal, 21 April, Al.
Freeman, N. J. (2002) ‘Foreign Direct Investment in Vietnam: An Overview’, paper prepared for the DFID workshop on Globalization and Poverty in Vietnam, Hanoi, 23–24 September.
Permanent Mission (2003): Permanent Mission of the Socialist Republic of Vietnam to the United Nations, Permanent Missions to the United Nations [website] (updated 14 April 2003) http://www.un.int/vietnam/dev_bus/Foreign%20direct%20investment%20in%20Vietnam.htm, accessed 14 July 2003.
Ronnas, P. and Ramamurthy, B. (eds) (2001) Entrepreneurship in Vietnam: Transformation and Dynamics (Copenhagen: NIAS Publishing).
SRVN (2002): Socialist Republic of Vietnam, ‘The Comprehensive Poverty Reduction and Growth Strategy (CPRGS)’, Hanoi (May), International Monetary Fund [website] http://www.internationalmonetaryfund.com:80/external/np/prsp/2002/vnm/01/index.htm, accessed 30 September 2003.
Stier, K. (1997) ‘In Search of Direction’, Asian Business (December), pp. 31–4.
Truong, T. N. (2000) Truong Trong Nghia, Vice President, Foreign Trade and Investment Center, Interview, 30 March.
US Commercial Service (2002) ‘Vietnam Country Commercial Guide 2002’, US Commercial Service [website] (n. d.) http://www.usatrade.gov/Website/CCG.nsf/ShowCCG?OpenForm&Country=VIETNAM, accessed 29 September 2003.
USVTC (2003): US—Vietnam Trade Council, ‘Foreign Direct Investment to Vietnam’, US Vietnam Trade Council [website] (updated 14 September 2003) http://www.usvtc.org/Trade%20Statistics/foreign_direct_investment_to_vie.htm, accessed 30 September 2003.
World Bank (2001) Pillars of Development: Vietnam 2010: Vietnam Development Report 2001 (Hanoi: Vietnam Development Information Center).
World Bank (2003) ‘Vietnam at a Glance’, 4 September 2003, World Bank [website] http://www.worldbank.org/data/countrydata/aag/vnm_aag.pdf, accessed 30 September 2003.
Editor information
Editors and Affiliations
Copyright information
© 2004 Stewart W. Herman
About this chapter
Cite this chapter
Herman, S.W. (2004). Developing Social Capital through Human Resources: ‘Vietsani’ and the Future of Western Management. In: Bird, F., Herman, S.W. (eds) International Businesses and the Challenges of Poverty in the Developing World. Palgrave Macmillan, London. https://doi.org/10.1057/9780230522503_11
Download citation
DOI: https://doi.org/10.1057/9780230522503_11
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-51533-2
Online ISBN: 978-0-230-52250-3
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)