抄録
The knowledge-based management theory developed by Nonaka has been highly appreciated worldwide and proved to be an effective model for Asian countries. In this study, a case of a successful ODA project in Vietnam is analyzed based on knowledge-based management theory. The study found that the knowledge created in the Project was the product of SECI process, and multi-layered “ba” was an important factor for its success. All the stakeholders and related parties took their parts in the knowledge creating process. This management model has addressed some common shortcomings of many organizations in Vietnam, which is the lack of active and effective participation of members. These findings contribute as an important evidence for further application of knowledge based management not only to firms but also to other organizations, and especially to ODA projects.