Managing Supply Chain Disruption Risks amidst Global Instability: An Analysis of Proposed Strategies for Vietnamese Enterprises

This research addresses the critical vulnerability of Vietnamese supply chains to global disruptions, filling a gap by providing a comprehensive analytical framework specifically tailored to Vietnam's unique economic context. The purpose of the study was to systematize existing knowledge on supply chain risk, analyze globally recognized mitigation strategies, and evaluate their applicability to guide Vietnamese enterprises and policymakers toward greater resilience. To achieve this, the study employed a desk-based methodology, conducting a systematic literature review of academic journals, industry reports, and published case studies to synthesize existing evidence. The findings identified three core strategic pillars for enhancing resilience: (i) structural diversification of suppliers and markets; (ii) relational strategies focused on transparency, partnerships, and technology-driven visibility (e.g., AI, IoT); and (iii) financial and operational preparedness, including hedging, contingency planning, and cybersecurity. The research also highlighted that while government support and Free Trade Agreements present opportunities, significant challenges remain, particularly the limited financial and technological capacity of SMEs and persistent institutional bottlenecks. The significance of these findings lies in their actionable implications. For businesses, the research advocates for a crucial mindset shift from cost-centric 'just-in-time' models to resilience-focused 'just-in-case' approaches, urging investment in digital capabilities and a proactive risk management culture. For policymakers, it recommends simplifying regulations, enhancing support for SMEs, and strategically developing domestic supporting industries to reduce critical import dependencies and bolster national economic security.