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Vietnam is located in Southeastern

Asia
Shares a border with China, shares socialist ideals,
still dispute over territories
Capitol: Hanoi
There are many ethnic groups in Vietnam, most
predominant is the Kinh (native Vietnamese)
Vietnamese is the official language
Tonal language with 6 different tones that can
change the meaning of words entirely
Language was influenced by the French due to
colonial rule
English is growing as a secondary language
Most predominant religion is Buddhism
Most Vietnamese practice indigenous religions
o Ancestor worship and worship of personal
gods
Affiliation with China brought Confucianism and
Taoism influences

Vietnam has a fast growing economy


Predicted to be one of the fastest by 2025
Unemployment is very low 2.3%
Traditionally agricultural economy
o Manufacturing and It are growing in business
o 3rd largest oil producer in southeast Asia

Vietnam is a socialist republic


o Led by both a president and prime minister
who share power
One of only 4 remaining single party socialist
states
o China
o Cuba
o Lao Peoples Republic
Unicameral legislature called the National
Assembly
President is elected every 5 years
Communist Party of Vietnam is the only party
legally allowed to hold power

Vietnamese People have Chinese origins


o Greatly influences culture
o Collectivism
o Family values

Hiring an interpreter is very important


Much more comfortable speaking in native
language
o Influences negotiations
Appreciate when a few words are learned
o seen Chow means hello
o Even this small gesture can make a partner
feel welcome
Saving face is a very important thing to the
Vietnamese
Inappropriate to show any form of negativity
Loud voices also can be interpreted as hostility
o Leave Vietnamese guest feeling
uncomfortable

Always be on time
Vietnamese expect you to value their time as well
as your own

Meetings will almost always begin with a


handshake
If a woman does not offer her hand
o Slight bow is appropriate
Some people will use 2 hands to shake
o Place left hand on top of the wrist

Refusing an offer of food or tea is seen as very


rude
o Even just tasting the food or drink is more
respectful than refusing
Modesty is really important so if a compliment is
offered always deny it

In the first meeting it is always custom to trade


business cards
o Always take the time to actually read theirs
before putting it away
o They will feel valued
Use both hands when passing items
Never reach over someones head
o It is the most sacred part of the body
Due to collectivism and socialist ideals, consensus
is very important to the Vietnamese
Have all written documents translated
Names start with the last name, then middle,
followed by the first
Always gesture with your whole hand
o Pointing is very disrespectful

The first meeting is always a get to know you


meeting
o Dont expect to get any real business done
until atleast the second or third meeting
It is not uncommon for a Vietnamese person to
take a long period of time before responding
o Silence can also mean that there is a
disagreement
o Vietnamese people would rather not speak
then risk losing face

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