The EY–University of St.Gallen Global Family Business Index 2025 shows that family enterprises worldwide are key drivers of growth and innovation. In Vietnam, where most family businesses emerged after the Đổi Mới reforms, the next generation now faces the challenge of expanding globally while preserving their founding values.
Experts from EY Vietnam and EY Asia-Pacific emphasize that sustainable growth will depend on transparent governance, early succession planning, digital transformation and a strong commitment to ESG principles, all while maintaining the family’s legacy and cohesion.
This article is a condensed and translated summary (original in Vietnamese) of a feature published in the May 2025 issue of Bloomberg Businessweek Vietnam.
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