100%(3)3 out of 3 people found this document helpful
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 | 1Vietnam’s Emerging Market Potential12-10. 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 costof importing goods from other countries such as the United States lower. This will lead to anincrease in Vietnam’s wealth and economy. Another way is to develop favorable businesspolicies that will enable firms to conduct businesses in Vietnam. These policies should favor theestablishment of new firms in Vietnam. Western countries should also encourage innovation andimprove the country’s educational system at a tertiary level to enhance the development ofskilled individuals for the growing economy.12-11. What problems might a company encounter while conducting market research inVietnam?One of the problems a company might encounter while conducting market research in Vietnam is