Doing business in Vietnam
Top 5 tips for doing business in Vietnam
Don’t be afraid to articulate your position clearly, because you’re going to be negotiating. Like most Asian countries, Vietnamese businesses tend to favour tailored, flexible deals over standardised, fixed arrangements.
The figure you’re quoted first is usually just your trading partner’s target; their ideal result of the negotiations. Your response should then be your minimum amount, which then sets the range in which negotiations can take place.
What are challenges for doing business in Vietnam?
GOLDEN RULE: You fail or raise with right local partner !
Only starting business: There are 10 procedures to undertake when starting a business in Vietnam, making it among the most complex start-up environments in the world. What’s more, many tasks facing new corporate entities may be unfamiliar to overseas companies, making the task far more rigorous.
Consultancy on business appraisal and valuation
To provide the best business valuation and appraisal advice, knowledge of economics, accounting, finance and law is required, along with experience in implementing these processes. In addition, the consultant also needs to ensure transparency and honesty in the appraisal and valuation process.
Contact Premium Management immediately for the most appropriate valuation results, especially in Vietnam is more important to have a right one to help you.