Business in Vietnam

Doing Business in

Vietnam

Submitted by:

Karen A. Uy

Doing Business in Vietnam

Capital: Hanoi

Size: 331,210 km2 (128,565 sq mi)

Location: Southeastern Asia, bordering the Gulf of Tonkin and South China Sea.

Population: 92,477,857 (July 2013 est.)

Religion:

Currency/exchange rate:

1.00 US Dollar = 21,074.82 Vietnamese Dong

1 Vietnamese Dong equals = 0.0021 Philippine Peso

Famous landmarks/tourist spots:

10Nha Trang

Nha Trang is Vietnam’s most popular seaside resort town located along the second most beautiful bays in the country. It features beautiful beaches with fine and clean sand and clear ocean water with mild temperatures. The city has about 300,000 inhabitants and is more lively and urban in character than other beach destinations like Mui Ne and Phu Quoc. It’s also the scuba diving center of Vietnam.

9Cu Chi Tunnels

The Cu Chi Tunnels are an immense network of connecting underground tunnels located about 40 km northwest of Ho Chi Minh City (Saigon). The tunnels were used by Viet Cong guerrillas as hiding spots during the Vietnam War, and were the base of operations for the Tết Offensive in 1968. The tunnels have become a popular tourist attraction, and visitors are invited to crawl around in the safer parts of the tunnel system.

8Mekong River (Mekong Delta)

The Mekong Delta is the region in southern Vietnam where the Mekong River approaches and empties into the sea. It is a very rich and lush area, covered with rice fields, that produces about half of the total of Vietnam’s agricultural output. Subsequently, life in the Mekong Delta revolves much around the river, and all the villages are often accessible by river rather than by road.

7Mui Ne

The formerly little-inhabited beach south of the fishing village of Mui Ne has seen some serious development in the last 15 years. Due to strong sea breezes it is a popular destination in Vietnam for kite- and windsurfing. No trip to Mui Ne is complete without a trip to the famous sand dunes located a short...