In this issue:
- Why Location Matters for your Vietnam Operation
- Assessing Vietnam’s Key Economic Regions (KER) in 2017
- Adding Value with Industrial Zones
Business leaders that are internationalizing their company must first examine where they can locate their operations. China, the traditional hub for Asia bound investment, is quickly shifting from a low cost hub for manufacturing towards high-end production destination with a thriving middle class. Countries within Southeast Asia, on the other hand, are emerging as the replacement for basic manufacturing and assembly. Amid this shift, Vietnam has become the standout for investors.
Vietnam is a much different market from China, presenting a unique set of challenges for investors. Growing rapidly from a relatively low economic base, each area of the country presents a unique set of conditions for investment with both opportunities and constraints. Seasoned investors and new entrants to Asia alike find that Vietnam’s cities and regions can each present unexpected challenges, and leave projects without resources if pre-market entry due diligence is not conducted.
In this issue of Vietnam Briefing, we discuss the importance of location to investments and outline the factors that investors should consider when evaluating potential sites for establishment within the country. We highlight Vietnam’s four key economic regions, analyze the differences between these locations, and finally highlight the important role that industrial zones can play in overcoming some of the drawbacks common to the Vietnamese market.
Dezan Shira & Associates has a growing team of pre market entry specialists throughout Vietnam providing our clients with years of combined experience assisting foreign enterprises navigate the nuances of the Vietnamese market and effectively select optimal locations for investment. For questions on how to assess investment requirements, compare locations for establishment, and leverage the power of industrial zones in Vietnam, please contact us.