Doing business in Vietnam

by Robinson, James W

The willingness to take risks, to be adaptable, to improvise, to move quickly, and to consider lines of business you have never examined before - all are prized qualities in Vietnam. This is a market ideally suited for smaller companies and entrepreneurs. Consider that Vietnam is the 13th most populous nation in the world, with 71 million people; has a highly literate, industrious work force that works six days a week for $30 to $35 per month; is rich in natural resources, including a 1,600-mile coastline with tremendous potential for tourism and sea products development; has consumers who highly value products from the United States and other Western nations; has an accumulated pent-up demand for infrastructure, construction, computers, transportation, and nearly everything else.