We examine managerial work values and subsequent behaviors of Vietnamese ma
nagers that foreign rs may face doing business in Vietnam. To establish a g
lobal reference-point, we compare the managerial values of Vietnamese mange
rs with those of Chinese and U.S. managers. The findings from this explorat
ory study, while not always intuitive, should help foreign investors to bet
ter understand Vietnam. Furthermore, the study raises important theoretical
issues concerning Individualism and Collectivism as cross-cultural measure
s.