Where the ERP hype in Vietnam can go wrong and what to do with it? (Abridged)

I have posted the first part of the whole thesis, but feel no interest to continue. A recent comment made me to do this, but I will be brief to save time for actions or something more productive. Letting people know their boat is sinking is not at all a pleasure.

Let me start with the boom-burst cycle theory. It says that any new market and technology will go through a phase of booming, but then burst with only a few survivals. Then the whole market will or will not pick up again. The latter case is normally due to a new disrupt replacement technology, or the need is no longer relevant. Take e-commerce as an example. Before the dotcom burst, everyone was talking about e-commerce, some vendors invested heavily into the area. After 2001, only some survived and B-2-B picked up first, then B-2-C. There are many more example, you name it.