Dr Nguyen Hoang Tien, Dr Nguyen Van Thuy, Assoc. Prof. Phuoc Minh Hiep, Dr Nguyen Phuong Mai, Le Doan Minh Duc*, Thu Dau Mot University
Enterprise and entrepreneurship are well-known institution and phenomenon that have their history development spreading for more than three centuries. However, in relation to family business they are still not well explored in the literature of management. Based on overview of management literature, this article is an attempt to construct a theoretical framework for the purpose of analysis of family business and entrepreneurship issues in Vietnam’s tourism industry such as succession and sustainable development. As a result, we propose adequate solutions and policy recommendations for business and authority to support and promote this specific business activity towards prosperity and high performance of the tourism industry.