The Business Landscape Between The United States And Vietnam

The unemployment rate in America is a huge factor with noticing on how well the labor force has been doing in the past. Overall the unemployment rate in America has been slowly decreasing in the past couple of years. “The unemployment rate hit 10 percent in October [2009], and there are good reasons to believe that by 2011, 2012, even 2014, it will have declined only a little” (Peck). It is a slow process, but hopefully in the future it will not be a problem anymore. Another statistic that should be looked at is the poverty rate in America. “The official poverty rate in 2006 was 12.3 percent, down from 12.6 percent in 2005” (U.S. Census Bureau). The poverty level has relatively remained level and has not changed drastically. The poverty

The Fall of Saigon on April 30th, 1975, marked the end of nearly two decades of fighting between the Russia and China backed communist North Vietnam and the US backed right wing South Vietnam. When the North Vietnamese army entered Saigon, the free world was horrified at what it believed to be major drawback in its attempt to defeat communism around the world. In accordance with the domino theory, that same year, the capitals of neighboring former french colonies, Cambodia and Laos, both of which were also run by right wing regimes supported by the US, fell to communist insurgencies Khmer Rouge and Pathet Lao respectively. It took the communists three decades, millions of lives, and the destruction of billions of dollars in infrastructure and assets overthrow these western backed governments. So what gave these people, especially in Vietnam, incentive to sacrifice so much to “free” themselves from those governments and embrace communism as their system of governance? As this question is answered, it is important to identify aspects of the communist ideology that appeal to the general population, as well as how it goes along with Vietnamese culture, the actual practice and execution of the ideology.

A common modern belief is that war leads to a positive outcome within the United States economy. Despite this, the Vietnam War had a negative impact on the United States economy. The United States experienced an increase in the national debt as a result of the Vietnam War. This led to significant inflation in the United States. Inflation in the US caused by the Vietnam War then led to an increase in federal taxes in the United States. Therefore, the Vietnam War had many negative economic consequences for the United States including an increase in national debt, inflation, and federal taxes.

Over thirty years ago the Vietnam War ended, and the U.S. came back home with their tails between their legs and nothing to show for other than a high number of casualties, and a huge pile of debt. The U.S. underestimated the North Vietnamese army, and it was costly. Many believe that the Vietnam War was none of the U.S. business, but on the contrary, many believe we should have tried to stop the spread of communism. The long-lasting Vietnam War was unnecessary for the U.S. to be a part of; it put many people through unneeded stress and hard times.

America and Vietnam are two opposite countries with many differences. These countries are on completely different continents so of course they both will be completely different from each other. Their differences are what shows how America is a better country to live in. But on the other hand, Vietnam may not be a good country to live it, it is a lovely place to visit on a vacation. There are several similarities and differences between both America and Vietnam to show why America is the better place to live in.

The global financial crisis has affected severely on Vietnamese exports. After joining the WTO, Vietnam’s trade has become depend on global

As a girl who was born and raised in Vietnam, a third world country, and then moved to the United States of America three years ago, I experienced a big culture shock. Everything was very different here compared to where I come from. It was a big opportunity for me to explore the new world. I got to learn about the differences between Vietnamese and American families, education, and food.

The following examines the nation of China and its trade relations with the world, particularly the United States. The focus is primarily on China’s culture and how it impacts business dealings with other countries. Areas examined include: Religion, Management Philosophy, and Business Etiquette. Also discussed is China’s growing status as a world super power and how that has impacted the global business landscape. Likewise, various trading partners are examined and the effects of doing business with China, specifically for the United States. Points of concern for the United States are things such as the

     Cultures are varying among different parts of the globe. People with different cultures have different characteristics and viewpoints on the subjects due to diverse understanding and method of learning. During the past few decades, the international trade grows in a very rapid rate due to the advantages that it provides; “increased sales, operational efficiencies, exposure to new technologies and broader consumer choices” (Heslin). Therefore, when considering the culture aspect to current business world, it is crucial for business to understand the culture aspect because of the tremendous growth of international business as well as utilize the international market to its maximum

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

Statics stated by 2020 the labor force is projected to reach more than 146 million U.S. citizens, a 5.9 percent from today. Economists predict the labor force participation rate will decrease over the coming decades, as an aging

Introduction. Vietnam is a unique civilization with highly cultured people. It is a country filled with natural beauty, tranquil rural settings, and bustling urban centers. In this period of renovation, Vietnam is emerging as an economic powerhouse in South East Asia. From the bustling commercial center of Ho Chi Minh City to the gracious capital of Ha Noi, local business is flourishing and international companies are lining up to invest in new projects. The nation, strangled by years of war, is now flexing its muscles. To succeed in international business is to understand the uniqueness of the culture you will encounter. The purpose of this report is to inform you of some of the business customs you could encounter in

John Peter, a Marketing Manager of Hewlett-Packard Asia Pacific (HPAP) was evaluating HPAP’s long-term strategic investment options for doing business in Vietnam. Before start up business in Vietnam, John needs to know the current business environment in Vietnam. History, Economic and Politic Environment are important to know about the country whether is stable from others control. Current workforce is important to find the skillful employee when it’s start up the factory in Vietnam. Foreign exchange and investment regulations are also important to know whether Vietnam market was open to global market or not. Hence, facility in Vietnam such as financial services, communicate services,

Recently, Vietnam is attracting increasing interest from international investors as a promising emerging market. Some of the largest U.S. corporations such as Intel, IBM, Wells Fargo, Citigroup, to name a few, started to set foot in the country with confidence.

In comparison with the number in developed countries, €9 per hour in the UK for example, no wonder why big multinational companies all over the world have been trying to outsource to Vietnam. There are many factories along the country which are manufacturing final products for world top multinational companies. Nike, Adidas, Panasonic, Toyota, etc., all place their factories in Vietnam. In fact, when one goes shopping in Europe, it is no surprised to see a product of a famous brand with the “Made in Vietnam” label printed on it . Moreover, according to some latest research, Vietnam has a young population. It can lead to a more effective working force, compared to countries which have an old population, such as Finland and Japan. In the last decades, the literacy rate of Vietnam has been increasing steadily, from 88% in 1989, 90% in 1999 to 93,5% in 2009. More people get a bachelor’s degree nowadays, which leads to the improvement in the worker’s skill. Offering not only a strong flow but an efficient working force, Vietnam has been attracting more investors every year.