Vietnam: The Next Emerging Trading Partner: South Carolina International Trade Conference, Charlesto

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Vietnam The Next Emerging Trading Partner South
Carolina International Trade Conference,
Charleston, S.C., May 31, 2007
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Global Strategy Ventures, LLC
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Opportunities
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Currently representing the following industries

• Building Supply
• Doors/Outdoor Decking
• Apparel
• Property Management
• Legal

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Doing Business in Vietnam

• There must be no ambiguities in any language in
  any document and there should be no agreements to
  agree.

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Doing Business in Vietnam

• Select tough, experienced Asia Smart management
  people for your project. Doing business in
  Vietnam is complicated and the educational
  experience can be costly.

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Doing Business in Vietnam

• Do not sign any documents unless your legal
  counsel has made certain and assures you that
  they will meet with the full approval of
  governmental authorities. Pre-clearance of
  documents with governmental authorities before
  they are executed is essential.

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Doing Business in Vietnam

• Make sure that document translations are done by
  qualified experts and have documents translated
  into English from Vietnamese translated back into
  Vietnamese from the English and vice versa to
  make sure the translations are accurate and in
  accord in meaning as much as possible.

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Doing Business in Vietnam

• Thoroughly investigate and endeavor to fix (as
  much as possible) your local labor and
  consumables costs during construction and
  operations for as long a forward period as
  possible to avoid both disruptions and holdups.

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Doing Business in Vietnam

• Whether you are manufacturing for the domestic
  market or for foreign markets, if your product
  requires foreign components make absolutely sure
  you have the proper and iron-clad permits to
  import the components you require for the period
  required.

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Doing Business in Vietnam

• Even before you begin to seek to do or do
  business in Vietnam, make sure your intellectual
  property rights (trademarks, tradenames, patents,
  etc.) are protected to the maximum extent
  possible.

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Doing Business in Vietnam

• Do not underestimate the cost of living and doing
  business in Vietnam. For instance, decent housing
  and office space for foreigners is
  extraordinarily expensive, particularly in the
  Hanoi and Ho Chi Minh City areas.

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Vietnam The Next Emerging Trading Partner South
Carolina International Trade Conference,
Charleston, S.C., May 31, 2007