business in vietnam

15
Vietnam

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This was a presentation my classmates did on doing business in vietnam

TRANSCRIPT

Page 1: Business in Vietnam

Vietnam

Page 2: Business in Vietnam

Vietnam War1959-1975

Unification of North and

South Vietna

m

Communi

st governme

nt

“Doi

Moi”

Page 3: Business in Vietnam

Business in Vietnam

Consumer goods for the domestic

market

Exportation gaining

popularity

Easier for overseas businesses to set

up operations

Government welcomes foreign

owned companies

Page 4: Business in Vietnam

Details of Business

Business license

Banks and Loans

Vietnam

Stock

Markets

Bribery and corruption

Page 5: Business in Vietnam

Hofstede’s Dimensions

High PDI + Low UAI =• Employees see the

organization as a family• Bosses supposed to take

care of employees physically and financially

PDI UAI IDV0

10

20

30

40

50

60

70

80

90

USA Vietnam

Page 6: Business in Vietnam

Femininity

MAS0

10

20

30

40

50

60

USA Vietnam

Page 7: Business in Vietnam

Long Term Orientation

LTO0

10

20

30

40

50

60

70

80

USA Vietnam

Page 8: Business in Vietnam

Customs

Page 9: Business in Vietnam

Culture Values

Allegiance to the family

Concept of “good name”

Love of learning

Concept of Respect

Page 10: Business in Vietnam

CommunicationNon-verbal

Communication

Communicating with Vietnamese

Social Relationships

Page 11: Business in Vietnam

Business Culture

Meetings

Gift

giving

Age

Addressing Vietnamese

Page 12: Business in Vietnam

Travel Tips

Getting Around

Page 13: Business in Vietnam

Travel Tips

Safety

Page 14: Business in Vietnam

Food

Page 15: Business in Vietnam

Demonstration

http://video.about.com/thaifood/Fresh-Shrimp-Spring-Rolls.htm