Andres Su Week 4 Vietnam's Emerging Market Potential.docx -...

This preview shows page 1 - 2 out of 2 pages.

W E E K F O U R V I E T N A M ’ S E M E R G I N G M A R K E T P O T E N T I A L P a g e | 1 Vietnam’s Emerging Market Potential 12-10. What do you think western countries could do to help improve the business climate in Vietnam? Western countries can help Vietnam by lowering tariffs. Lowering trading tariffs makes the cost of importing goods from other countries such as the United States lower. This will lead to an increase in Vietnam’s wealth and economy. Another way is to develop favorable business policies that will enable firms to conduct businesses in Vietnam. These policies should favor the establishment of new firms in Vietnam. Western countries should also encourage innovation and improve the country’s educational system at a tertiary level to enhance the development of skilled individuals for the growing economy. 12-11. What problems might a company encounter while conducting market research in Vietnam? One of the problems a company might encounter while conducting market research in Vietnam is

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture