The World Bank and International Finance Corporation (IFC) rank Vietnam in 99th place in the world for ease of doing business, which means it is essential to seek local help when expanding in the country.

 

Starting a 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.

According to the American Institute of Social Research, the Vietnamese people have 10 major characteristics.

 

2. Second, they are smart and creative to cope with short-termed difficulties, but lack long-termed and active reasoning abilities.