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Vietnamese values, networks and family businesses in London

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  • Michael Hitchcock
  • Simone Wesner

Abstract

The article explores the so-called Confucian values associated by Hofstede and Bond (1993) with competitive advantage in business and investigates the role of ‘trust’ and ‘trusted networks’ amongst the Vietnamese of London. It investigates the extent to which distinctive cultural attributes can be detected in the ways this Overseas Vietnamese community has adapted to London, and how the Vietnamese either resemble or differ from another migrant community with whom they share a common history, namely the Overseas Chinese. The study explores the extent of Confucian influence on core values and how these may account for the relative success of Vietnamese businesses in London. The findings support the idea that the cultural inheritance of the Vietnamese has conferred a competitive advantage in business activity, but this is not exclusively Confucian.

Suggested Citation

  • Michael Hitchcock & Simone Wesner, 2009. "Vietnamese values, networks and family businesses in London," Asia Pacific Business Review, Taylor & Francis Journals, vol. 15(2), pages 265-282, April.
    • Handle: RePEc:taf:apbizr:v:15:y:2009:i:2:p:265-282
    DOI: 10.1080/10438590701719032
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    Cited by:

    1. Ewa Bogacz-Wojtanowska & Anna Góral & Marek Bugdol, 2019. "The Role of Trust in Sustainable Heritage Management Networks. Case Study of Selected Cultural Routes in Poland," Sustainability, MDPI, vol. 11(10), pages 1-28, May.
    2. Tamsin Barber, 2018. "The integration of Vietnamese refugees in London and the UK: Fragmentation, complexity, and 'in/visibility'," WIDER Working Paper Series wp-2018-2, World Institute for Development Economic Research (UNU-WIDER).
    3. Quynh Duong Phuong & Aki Harima, 2019. "The impact of cultural values on Vietnamese ethnic entrepreneurs in Germany," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 15(2), pages 85-116.
    4. Ting, Su-Hie, 2020. "Modes of Value Transfer in Chinese Family Business in Malaysia," Asian Business Review, Asian Business Consortium, vol. 10(1), pages 29-36.
    5. Seunggyun Choi & Timothy J. Lee & Wansoo Hong, 2022. "Home Meal Replacement (Convenience Food) Consumption Behavior of Single-Member Households in Vietnam by Food Consumption Value," Sustainability, MDPI, vol. 14(2), pages 1-24, January.
    6. Dębski Maciej & Krawczyk Adriana, 2017. "Competitiveness of Family Tourist Micro-Enterprises as an Element of Tourist Destination Product," Journal of Intercultural Management, Sciendo, vol. 9(4), pages 59-76, December.
    7. Bjursell, Cecilia, 2011. "Cultural divergence in merging family businesses," Journal of Family Business Strategy, Elsevier, vol. 2(2), pages 69-77, June.
    8. Tamsin Barber, 2018. "The integration of Vietnamese refugees in London and the UK: Fragmentation, complexity, and ‘in/visibility’," WIDER Working Paper Series 002, World Institute for Development Economic Research (UNU-WIDER).

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