Development Ratings

• Intervention from Vietnamese authorities – The nature of a ‘pioneering’ work means that the organization has to stay in close contact with the authorities to ensure they understand and approve of what the organization is doing.

• Loss of property – A core part of Blue Dragon’s work is the security of its ‘safe haven’ building in Hanoi. This is currently a rented property and the willingness of the landlord to extent the lease at current price levels is an uncertainty. Currently this risk is mitigated through a 12 months rent prepayment.

• Corporate governance – Corporate governance is in its infancy with no Board of Trustees. A Board is currently being established.

• Access – A key advantage of Blue Dragon has been its ability to work closely with gangs of street kids. However, as Blue Dragon has helped former gang members out of their criminal lives it has become a victim of it own success losing touch with the gangs. This risks alienating Blue Dragon from the milieu that it seeks to help and infiltrate.

• Management capacity – A disproportionate amount of time is spent by Michael Brosowski on fundraising which is hampering his ability to manage. A new manager is currently being recruited to mitigate this risk.