‘Doing Business in Vietnam Guide’ launch
01 March 2016
Posted by: IOE News
The ‘Doing Business in Vietnam Guide’ is now live and available in the following four formats; a hard-copy printed brochure, website, mobile app and the ‘new’ e-Flipbook.
The ‘Doing Business in Vietnam Guide’can be accessed via: www.Vietnam.DoingBusinessGuide.co.uk.
The main objective of this Doing Business in Vietnam Guide is to provide you with basic knowledge about Vietnam; an overview of its economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and cultural and language issues. We do not pretend to provide all the answers in the guide, but novice exporters in particular will find it a useful starting point. Further assistance is available from the UK Trade & Investment team in Vietnam. Full contact details are available in this guide.
To help your business succeed in Vietnam we have carefully selected a variety of essential service providers as ‘Market Experts’; AST Language Services, Atlas Industries, British International School, Dragon Capital and NashTech Global.
The guide has been produced by the Institute of Export, with support from the British Consulate-General Ho Chi Minh City, the British Business Group Vietnam and eRegulations Vietnam.
Vietnam is a country on the rise. 90 million people, half of them under the age of 30. GDP per capita growth of 350% between 1991 – 2010 – the second highest rate in the world during that period. The fastest growing middle class in South East Asia, and a strategic commitment to greater integration in the global economy and to free trade: Vietnam has already been hugely successful in attracting foreign investment, and this year, reached agreement in principle on an ambitious and comprehensive Free Trade Agreement with the EU, only the second country in South East Asia after Singapore to do so. It is emerging economies like Vietnam which are causing the global centre of economic gravity to shift southwards and eastwards every year.
The UK’s relationship with Vietnam is developing rapidly too, on the basis of the Strategic Partnership which the two governments agreed in 2010. Last year, David Cameron became the first ever British Prime Minister to visit. The fact that South East Asia was his first overseas destination outside of Europe after the General Election in May, shows the priority which the British Government attaches to strengthening our ties with this dynamic region.
British companies have achieved some significant commercial successes in Vietnam, but it is clear that there is much more UK plc can do to take advantage of the opportunities on offer. That is why I warmly welcome the Institute of Export’s initiative in producing this Guide.
Vietnam is still a developing country, and doing business in Vietnam is not always straightforward, but the team at the Embassy in Hanoi and our Consulate General in Ho Chi Minh City, together with their partners in the British Business Group Vietnam, are absolutely committed to the central challenge of growing the UK’s trade and investment relationship with Vietnam: identifying strategic opportunities, working with Vietnamese partners to support further improvements in the business environment, and above all, providing the best possible support and service to British firms coming into the market.
Available on the iTunes App Store and Google play