Success predictor for international joint ventures in Vietnam

The purpose of this paper is to determine a success predictor for Vietnam-based international joint ventures (IJVs). Successful IJVs in Vietnam usually use four popular control mechanisms. Action-control, result-control, and personnel-control mechanisms co-exist in a closely-knit environment yet still influence each other in a process assisted by relationship control mechanism. As a condition for success, an IJV should have at least one control mechanism at a high level of importance with no control mechanisms positioned at a low level of importance.