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Essay on Cultural Research Report on Vietnam

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Cultural Research Report on Vietnam

Prepared for Katie Robberson
Management 330 Professor

Prepared by
Natoddsha Downey
SIUE Business Student

December 3, 2012

TABLE OF CONTENTS

EXECUTIVE SUMMARY……………………………………………………………………….3

INTRODUCTION: BUSINESS AND SOCIAL ASPECTS OF
VIETNAMESE CUTURE………………………………………………………………...………4

BACKGROUND: BASIC INFORMATION ABOUT VIETNAM………………………………4

TOPICS:

Business Culture…………………………………………………………………………..5 Meetings……………………………………………………………………...….5 Dress…………………………………………………………………………...….5 Communication…………………………………………………..………………..5 Negotiating…………………………………………………………………………. 6 Currency………………………………………………………………………….6

Social
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After this fortunate door-opener, Vietnam was known as one of the most rapid- growing economies worldwide.

Business Culture: Meetings:

Like any other expected requirement when it comes to conducting a business meeting, it is always important for an individual to be on time. Business meetings may not always start on time, however, in Vietnam it is still expected that everyone arrive on time (as it is in America). In Vietnam seniority is very important. Therefore, when in a business meeting, one should always postpone their conversation/ interaction with the person in charge. Also, patience plays a big role during business meetings. What American’s may think are awkward moments of silence are totally normal and expected in Vietnam. It is very important that one does not interrupt the moments of silence. Interruptions are not limited to just speaking out. Making certain impatient gestures or faces can also be a type of interruption as well.

Always address a person by their professional title. If they are Dr., Mrs., or Ms., address them as that followed by their last name. Because business is now being conducted in Vietnam, business cards should not only be written in English but in Vietnamese as well. A good idea is to have one side of the business card in English and the other side in Vietnamese.

DRESS:

In Vietnam the expected business attire is pretty similar to the business attire in America. One
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