|What to consider when expanding business to Vietnam?|
Vietnam, with its abundant source of affordable labor and a growing market of 100 million people, is one of the most attractive investment destinations for Taiwanese businesses. Its strategic geographic location and well-developed transportation and logistics systems make it the top choice for expanding into the Southeast Asian market.
However, for many Taiwanese businesses, Vietnam remains a relatively new and unfamiliar market. They may encounter challenges related to cultural and language differences, as Vietnam has its unique culture and language, leading to communication barriers and potential cultural conflicts for foreign companies. An entity familiar with Vietnamese culture and language can help you gain a comprehensive understanding of local needs and potential customers in the market.
The Southeast Asia Influence Alliance has strong local connections in Vietnam, reducing the time and effort your company needs to establish business relationships and networks in Vietnam. This allows for a swift expansion of your business and the creation of essential partnerships.