Vietnam Risk Cards

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Nghi Dang
Flashcards by Nghi Dang, updated more than 1 year ago
Nghi Dang
Created by Nghi Dang about 8 years ago
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Question Answer
Risk - During a negotiation you could see that the Vietnamese side did not understand the term “par exchange rate.” To clear this up you turned to the Vietnamese prospect and said, “Mr. Minh, I guess you don’t understand what we mean by 'par exchange rate.' Let me explain it to you briefly…”. After your explanation, the Vietnamese negotiators seemed to lose interest in the proceedings and adjourned the meeting without setting a date for the next session.
Risk + You have a Vietnamese business partner who used to serve the US supported Southern government during the civil war in Việt Nam. Therefore, you are very careful when talking about the issue and avoid it if possible.
Risk - Your Vietnamese manager comes to you and asks you to move your desk to the other corner of the office. You will no longer sit next to a huge window, which you have very much enjoyed. The Feng Shui (Phong Thủy) master has suggested that your desk may block a positive energy line in the office. You feel odd and reluctant to accept this move.
Risk + You are a woman who invited a male Vietnamese counterpart to a business lunch. You know that in Việt Nam whoever invites normally pays, in this case you. But you also know that the man pays for the woman. You gently suggest that if he is okay with your paying the bill, he can invite you for a drink afterward.
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