Going to work in Vietnam

[jfc81]

So i know i havent been so active on this forum, but almost as soon as I got to Singapore I am off to take up an offer in Vietnam. Bottom line: I want to open a factory of some kind, on the side. It seems Vietnam is the new China. any thoughts?

[willkcwoo]

Hai,
My wife was posted to Vietnam(VN) since Decemeber 08 and since then I have been there for about 3 times.
Seriously, I agree that VN is the new China but there will be some difference. The observation are basically my own opinion: language is still a problem - most of the Vietnamese dont speak English or Mandarin thus there is a gap in communication. Secondly, accommodation is pretty expensive as most apartments in 'expats' area are quite costly. A 2 room - 100m2 may cost you between USD800-USD1000 and you have to pay 6 months in advance!!! Thirdly, food is expensive too - a simple coffee shop fried rice will cost you between S$4-S$5.50. Beverage - stick to local beer. The local beer is cheaper than a glass of fruit juice!!!! Proper restaurant menu are mainly in USD, bro.
However, the good side is that the business potential is enormous and good. I am currently doing some simple export to Malaysia with some of the handicraft and also some disposable products. Quality quite good too and the business dealing is quite straight forward.
So, what factory are you opening? Call me if possible to network at 98165558 or email me at [email protected]. I am planning another trip to Hanoi mid September. Can meet up?
All the best in your business.

[dannysg]

The language barrier is a huge disadvantage for an expat to look for cheap accommodation and food. Another thing is the traffic, Vietnam traffic is one of the most dangerous in the world, so keep in mind that you always have to be extremely careful when you are on the street. After living there for some time, try to make friends with the local. Most of the working professionals can speak basic English. You will have more chance to look for more affordable accommodation and nicer food. All the best to your journey to Vietnam. I am sure you will have a lot of valuable experiences

[willkcwoo]

The language barrier is a huge disadvantage for an expat to look for cheap accommodation and food. Another thing is the traffic, Vietnam traffic is one of the most dangerous in the world, so keep in mind that you always have to be extremely careful when you are on the street. After living there for some time, try to make friends with the local. Most of the working professionals can speak basic English. You will have more chance to look for more affordable accommodation and nicer food. All the best to your journey to Vietnam. I am sure you will have a lot of valuable experiences

TQ Dannysg for highlighting the traffic matter. True, the traffic is terrible and seriously, you are not advise to drive on your own because the driving culture of the VN is totally different from the rest of the world. Imagine, in Hanoi the populated is around 7-8 million but the motorbikes or scooters are about 4-5 million!!! As for food, try to cook yourself if possible. It will save you a great deal of money. Have a good journey and keep your mind open and it maybe not as bad as I have said.