Vietnam

Vietnam is a sliver of tropic in the sun. From north to south, it borders every country in South East Asia. But to really sink your teeth into the Asian Tiger, you need to ride its rivers – the Red River and the Mekong all the way to its deltas, to discover how the Vietnamese really live.

Vietnam is a sliver of tropic in the sun. From north to south, it borders every country in South East Asia. But to really sink your teeth into the Asian Tiger, you need to ride its rivers all the way to its deltas, to discover how the Vietnamese really live.
The “White Rajah” French colonists played a pivotal role by creating a cash-crop culture of tobacco, indigo, coffee and tea plantations, which eroded the domestic economy. Ho Chi Minh, a Marxist-Leninist revolutionary, sought to free Vietnam from its Franco-Japanese occupation in 1941. After a gruesome conflict, the Vietnamese prevailed and formed a unified communist state.
Today, several economists predict that Vietnam will emerge as the fastest growing economy by 2025.Agriculture, tourism, manufacturing, and information technology fuel the economy. It is one of the highest producers of cashew nuts, coffee, rice and black pepper today. A newfound abundance of petroleum puts Vietnam among the world’s oil-producing elite.
But where Vietnam is really making ripples is in its newfound manufacturing sector. Computer engineering and IT is seeing exponential growth, and Vietnam hopes to become the next Silicon Valley of South East Asia.
In Vietnam, business invariably becomes personal and is usually face-to-face. The Vietnamese want to get to know you as a person. A reference or introduction is preferable. The Vietnamese are an entrepreneurial lot and several Vietnamese take the initiative to kick-start a business because they see an opportunity. They don’t call it the Asian Tiger for nothing – Vietnam’s showing its stripes!

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