Doing Business In Vietnam

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Welcome to our guide for Doing business in Vietnam. In this guide, we hope to provide you with an overview of the key aspects of undertaking business and investing in Vietnam and answer many of the questions that foreign businesses and entrepreneurs have when making their first venture into the Vietnamese market.

Since the early 1990s, Vietnam has moved to a more market oriented economy from a centrally planned one and brought rapid growth. In the last decade, Vietnam was a rapidly developing country with a dynamic and emerging market economy.

Whilst Vietnam’s macro-economic troubles took some shine off its appeal, broad based growth, low wages and strong economic outlook continue to make it an attractive place for investment and a favorite solution to rising manufacturing costs elsewhere. In recent years, Vietnam has controlled well its inflation, foreign exchange rate and trade balance and has become the destination for many large multinational companies to transfer their operations from other countries.

Vietnam is dynamic environment, reflected in a young population, growing wealth, changing consumer attitudes, greater mobility and urbanization – are pushing the country through a period of great change.

Regardless of the reasons for entry, identifying the right path in to the market can be challenging. Success in other markets cannot necessarily be easily replicated in Vietnam.

The message for those entering the market or expanding their presence in Vietnam is clear: make sure that you irefully prepared and committed before investing. The key to success is to hatefully assessed your markets and risks and ensure that you take time to invest unknowing your customers and partners, your government touch points and stakeholders.

This document contains references to some common issues that investors should be aware of when operating in Vietnam, but each case is different and specific advice should always be sought.

This Guide includes information obtained or derived from a variety of publicly available sources.
This is provided for intents and purposes as reference and orientation for foreign investors and prospective human/company who wishes to do business or to invest in Vietnam.

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Doing Business in Vietnam 2014-2015        Download PDF File