Vietnam has been on a high real GDP growth rate (which is adjusted for inflation) since it started the economic renovation phase. In fact, its growth rate once ranked 2nd in the world with 8% annual GDP growth rate in the 90's and 7.5% in the 2000's up to right before the current global financial crisis. Even in this crisis, Vietnam real GDP's growth rate is still on the rise … [Read more...] about Doing Business in Vietnam Series: 1. Taxes
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Vietnam’s economic resiliency: a symptom of strength or weakness?
Guest Author: Long S. Le, University of Houston 11.07.09 - Vietnam’s economy is showing resiliency. The country’s GDP has rebounded to 5.76 per cent in the third quarter, whereas the economy grew 3.9 per cent in the first half of this year. Opportunely, the Vietnamese government forecasts that the economic growth in the fourth quarter will be more than 6.5 per cent, meaning … [Read more...] about Vietnam’s economic resiliency: a symptom of strength or weakness?
American Professors See Vietnam as a Rapidly Emerging Economy
A group of faculty members from the UC Denver's Center for International Business and Education Research traveled to Vietnam in January to study its emerging economy. Cliff Young, a professor and associate dean of the Center was left with the following impression on Vietnam, “It was like a town under rapid construction, they were trying to build as fast as they can.” The UC … [Read more...] about American Professors See Vietnam as a Rapidly Emerging Economy
It’s Complicated: Challenges facing Vietnamese-Americans doing business in Vietnam
Living in California, I ran into countless people who were born in other countries. They came from all over the world (Asia, Europe, South America, etc) and now call the US home. These individuals have a diverse background, growing up with one foot in each culture. There are myriads of benefits in growing up multi-cultural. One of which is the ability to quickly adapt and do … [Read more...] about It’s Complicated: Challenges facing Vietnamese-Americans doing business in Vietnam