Vietnam continues to be a major foreign direct investment destination in the ASEAN region. Its strong and continued GDP growth, recent pro-business government reforms and free trade agreements, as well as a young and dynamic population coupled with low labour costs make it favourable for foreign businesses to relocate there.
However, just like in any other parts of the world, business risks are inevitable when investing and doing business in Vietnam.
The Chamber invited a panel of Control Risks’ Vietnam experts, Linh Nguyen, Stephen Norris and Ramon Gosh to assess the opportunities and key risks for foreign companies with interests in Vietnam. Discussion topics included the political developments in the country, the conflict with China over the South China Sea and its public finances.
Drawing insights from research and their clients’ experiences, the panelists provided useful advice on mitigation strategies essential to operating successfully in the country.
This event was fully subscribed and attended by over 60 participants. The next country briefing will be on Indonesia and is scheduled to take place on 5 July 2018. Do keep a look out for it!