Vietnam Case

A well-established organization is seeking to expand its operation internationally in Vietnam. The Purpose of the report is to analyses the situation and cultural in Vietnam and business level strategy and market entry strategy

After 1848, France was making a Vietnam a colony which making a huge difference in social life of Vietnam, giving them some benefits and many negatives. one of the more noticeable of which was education. Lead to the university of Hanoi was opened by colonists in 1902, and became an important national center of learning . But all these good benefits made Vietnam forget France was making profits from making Vietnam a colony of France. France transformed Vietnam’s economy into a proto-capitalist system, based on land ownership, increased production, but low wages for the Vietnamese(TAE HO YOON, ANTHONY KONKOV 2013). Vietnamese are no longer worked to provide benefits to themselves, they are now work to benefits their French overlords. But in 1882 While France

Before granting independence, Vietnam economy was going down rapidly due to the war with American that destroyed the Vietnam economy completely. Moreover, this country was being led by the Conservative Party which was unchangeable and not able to lead the country. Instead of trading with foreign countries, they closed market. However, after national liberation, the Conservative Party was removed, and new prime minister was chosen. The economy of Vietnam was opened, and it took big steps to thrive as now. Especially the globalization, since Vietnam joined the World Trade Organization, the globalization has made a huge change to Vietnam economy. It attracted a lot of foreign investments, solved numerous financial issues, and motivated domestic

On June 1, Diệm's authorities announced the dismissal of the three major officials involved in the Huế incident blaming them saying the reason was that they had failed to maintain order during the protest.

French Indochina has been a rich country since the ancient times with its people originally coming from a region near China and migrating into the strip of land now called Vietnam. However, although Vietnam has been very self-sustained and independent since its original foundation, and its successful defense of its land against larger countries such as China and the Mongol Empire, its more recent history leading up to modern times begins in the mid 19th century. After defending itself so well against the Chinese for so long, the Vietnamese were astounded when the French attempted to invade the country in 1858 and finally captured the country in 1884. However, after some time, the small southeastern country situated next to China, Laos, Indonesia, and against the Pacific Ocean, revolted and overthrew the French in 1954. Vietnam then divided itself politically into two countries, the democratic South, and the communist North. This would eventually lead into the Vietnam War, where the South was backed by the US, and the North by Russia. The North would eventually win the war, and Vietnam has become reunified. And although Vietnam is still now ruled by the top members of the North 's government and is an autocracy, it has been trying to increase its relationship with the United States aside from its political and economic ties with China.

Nevertheless, the most interesting part is that investment may be an art of counterbalance and compromise, when you look at the tremendous market volume and brilliant prospectus of China’s oil and gasoline market. This country has the largest population of 1.3billion, the second longest highways length of almost 100,000 kilometers and the second largest automobile population of 85 million. And it was growing in average 8% during the years. No one wants to miss the chance to invest in a such economy.

The global financial crisis greatly affected Vietnam because it led to more tightly macroeconomic policies that were implemented in 2011. However, the official unemployment rate remains very low even though inflation dropped by 23%

After 1975, the Vietnam’s war ended, leaving the reunited country faced poverty, low standard of education. The capitalist economy was dominated and controlled by the state ownership. The event seems to be changed since the Communist party officially launch a series of structural transformation

In the mid-19th century, Vietnam 's economy is under the French colonial economy and protectionism. This is the

Vietnam is most known for it’s production of rice. Before the civil war; or the Vietnam war as it’s known in the US, it was mostly an agricultural country. However the tech industry is growing fast as the country continues to rebuild. Also, Vietnam recently became a member of the oil industry, and has become the third largest in Southern Asia. Vietnam’s poverty rate has been steadily declining over time. Now, it has a lower rate than many of its neighboring countries; including the Philippines, China, and India. From these new expansions to the country, Vietnam will most likely have the 17th largest economy by 2025.

Entry into the Vietnamese market for our business will come primarily in two stages. Stage one would be acquiring all proper documentation to do business legally in Vietnam, such as acquiring the company license, articles of incorporation, auditing of any financial statements, valid documentation of the individuals who would be moving to Vietnam, and state approval of the business concept as a whole. Stage two would be the acquisition of a physical domain in order to establish and build our business from the ground up, such as the office space and equipment. Stage one would be handled by a professional or a company that specializes in assisting foreign companies open a business in Vietnam, while stage two would be handled by The Twisted Root Burger Co. with a professional advisor on hand for any necessary information that we would not be able to obtain or ascertain on our own.

A roadmap for the ASEAN Economic Community (AEC) based on the EU model: Potential scenarios for Vietnam after the AEC’s establishment.

Asia is a potential market for Tissot as well as Viet Nam. Although Tissot launched into Viet Nam for many years, however, it is unknown with many Vietnamese people.

Vietnam is a great potential market to invest in. Since Vietnam has the policies of searching for oversea investment, it has been an attractive market for many foreign companies.

Strength: Cheap labor, business with social cause, premium grade coffee, organic certified coffee, 75% of people are farmers