“Made in Vietnam” Lean Management Model for Sustainable Development of Vietnamese Enterprises

Abstract

In recent years, increasing competitiveness and global recession have caused a lot of difficulties and troubles in economic development in Vietnam. A number of Vietnamese enterprises doing business ineffectively have constantly increased. The fact and practices have presented the limitation and bottleneck in mindset and approaches of business management. Among many viewpoints and philosophies of effective business management, lean management has been applied successfully in many enterprises worldwide. However, successful lessons from developed countries helped us know that we cannot apply any approaches of business management mechanically. Each nation or each enterprise based on their situation must find out management approaches suitable for them and apply them flexibly. This paper analyzes the current knowledge and practical application of lean management in Vietnamese enterprises through works of research group on lean management in the VNU University of Economics and Business. Based on the research findings, the group develops a “Made in Vietnam” lean management philosophy with the focus on core concept “Tam The” and an application “Made in Vietnam” lean management model being suitable for sustainable development of Vietnamese enterprises.