Country of Analysis Project
VIET NAM
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South Vietnamese (before 1975)
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North Vietnamese – Current Government (after 1975)
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EXECUTIVE SUMMMARY
When considering in doing business in a foreign country, especially poor countries, there are major factors that investors should CONSIDER. In this report we will give the investors brief information on major factors that investors should look into are:
1. History
2. Geography
3. Language
4. Culture
5. Legal structure
6. Government
7. Economic structure
8. Education system
9. Religion
10. Population
11. Demographics
12. Physical infrastructure
13. Industrial structure
14. Trade agreements/associations
15. Small business practices in the region
16. Import/Export information
17. Future of the country
History
Like any other old nation in the world, Viet Nam has her own legends concerning the origins of the race in the dawn of time.
According to the National Annals, Viet Nam was formed when King Lac Long Quan, known as the "Dragon Lord of Lac" or the "Dragon Lord of the Seas", married Princess Au Co, a Chinese immortal and descended from the High Mountains. From this union, one hundred boys were hatched from one hundred eggs carried in a pouch by Au Co; and all the sons were handsome and stalwart. They soon established a nation that stretched from southern China to northern Indonesia. However, the King and the Princess became convinced that their different origins would ultimately make them unhappy, so they separated. Princess Au Co took 50 of the sons with her back into the mountains while King Lac Long Quan took the other 50 sons and ruled over the lowlands. After the King died in 2879 B.C., his eldest son, Hung Vuong established the Hung dynasty, and he is regarded as the real founder of the Vietnamese nation and of the first Vietnamese dynasty
For the next thousand years, Vietnam was mostly under...