IBSM VIETNAM

Day 7 - Networking Dinner

Each of the speakers gave short speeches and they shared with us valuable and at the same time interesting experiences about the culture and norms of the Vietnamese when doing business in the host country.
Each of them brought up important points about doing business in Vietnam. For example, Mr Peter Cheong stressed the importance of keeping an open mind when first entering the market in Vietnam and one has to adapt to the culture in order to thrive in the Vietnamese market.



The guest whom my group were accompanied by was Mr SK Nair. Mr SK Nair shared with us one of the first few obstacles he faced when first coming to Vietnam was communication and a language barrier. He also told us that doing business in Vietnam is very much different from doing one in Singapore. In Vietnam for example, one cannot take a lot of things for granted such electricity, water supply etc. Such basic necessities are commonly taken for granted by Singaporeans in Singapore and when faced with a power failure in Vietnam for example, we might not know or be able to handle the situation. The difference in living condition between Singapore and Vietnam is vast and one has to adapt very well in order to get use to the lifestyle of the Vietnamese.

posted by weiliang @ 4:46 PM