Project 4: Vietnam's Private Sector Development: Mr. Nam's Dilemma

Like many emerging developing countries, Vietnam is slowly growing its private sector. Individuals are working hard to make a living by leaving government institutions to establish their own businesses. However, the business bureaucracy in developing countries is complex and most of the time is one of the most significant hurdles for entrepreneurs.

After reading the article carefully, in your report, respond to the following questions:

1. What alternatives should Mr. Nam seek in order to stay in business and possibly expand his business? Explore other financial sources that could help Mr. Nam's need for investment.