Thai, Mai Thi ThanhMai Thi ThanhThaiChong, Li ChoyLi ChoyChong2023-04-132023-04-132008-06https://www.alexandria.unisg.ch/handle/20.500.14171/7832110.1007/s10843-008-0021-yDespite the fact that many firms in a wide range of industries in various countries internationalize at or near inception, research on factors leading to the formation of born-globals has been limited to firms from advanced, open economies. In order to give a voice to the phenomenon of Vietnamese founding born-globals, we conducted an exploratory, multiple-case study. Three findings of this study are: (1) the major driver to the formation of Vietnamese born-globals is the entrepreneurs' leadership desire together with the need for short-term profits; (2) their choice of internationalization mode is influenced by market conditions as well as the internationalization degree of the industries in which they find their business opportunities; and (3) the reason why other motivators found in earlier studies do not apply lies in the peculiarity of the Vietnam context.enjournal article