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Purpose

The purpose of this paper is to study on the risk and preparedness for emergency of a multinational company (MNC) based in Vietnam. This research can assist other MNCs to understand the risk they may face and formulate the necessary emergency preparation to do business in Vietnam.

Design/methodology/approach

This study uses the risk management model as a guideline and risk matrix table as a tool of analysis. This research is an exploratory study base and relevant primary data are gathered through structured interviews and secondary data through the MNC web site and published financial reports.

Findings

The findings of this research indicate that there were many risk areas that were not covered by the company. It categorizes risk areas accordingly from high‐risk, medium‐risk to low risk using risk matrix. The results of the finding were based on pure estimation.

Research limitations/implications

This study is based on a single company and there could be many other risk areas that were not covered.

Originality/value

The data for this research were collected through direct structured interviews among relevant personnel in a MNC based in Vietnam, thus the findings provide the true value of current risk scenario in Vietnam.

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