Definition

1. Noun:

   • Joint venture: A commercial enterprise undertaken jointly by two or more parties which otherwise retain their distinct identities. It is a common form of business collaboration.

2. Verb:

   • To form a joint venture / to enter into a joint venture: The act of establishing a joint venture partnership.

Usage Examples

• Noun:

  • Công ty liên doanh này rất thành công. (This joint venture company is very successful.)
  • Họ đã ký hợp đồng thành lập một liên doanh mới. (They signed a contract to establish a new joint venture.)

• Verb:

  • Hai tập đoàn quyết định liên doanh để phát triển dự án. (The two corporations decided to form a joint venture to develop the project.)
  • Công ty chúng tôi muốn liên doanh với một đối tác nước ngoài. (Our company wants to enter into a joint venture with a foreign partner.)

Advanced Usage

• "liên doanh 50/50": A 50/50 joint venture, indicating equal ownership and investment from the partners.
  • Hai bên thỏa thuận thành lập một liên doanh 50/50. (The two sides agreed to establish a 50/50 joint venture.)

Variants and Related Words

• Doanh nghiệp liên doanh (n): Joint venture enterprise.

  • Doanh nghiệp liên doanh phải tuân theo luật pháp Việt Nam. (A joint venture enterprise must comply with Vietnamese law.)

• Vốn liên doanh (n): Joint venture capital.

  • Vốn liên doanh đã được góp đầy đủ. (The joint venture capital has been fully contributed.)

Synonyms

• Partnership (in a specific business context): A similar form of business cooperation, though a joint venture is often for a single project or a limited time.
• Collaborative enterprise: A business undertaking done in cooperation.

Related Idioms

• Chung vốn, chung lợi nhuận: To share capital and share profits (describing the core principle of a joint venture).
  • Tinh thần của liên doanh là chung vốn, chung lợi nhuận. (The spirit of a joint venture is to share capital and share profits.)

1. joint-venture