VietNamNet Bridge – Injecting money in non-core business fields, experimenting in real estate projects, and having a bad financial foundation are the three most significant risks facing the business environment in Vietnam, according to Le Xuan Nghia, a respected economist, and six other businessmen who declined to be named.
“Why have Vietnamese businesses died?” was a question raised by Nghia at a forum on financial security and business competition held several days ago.
Besides being an economist and scholar, Nghia is also a businessman. He is now chair of the board of directors of NHP Production & Import/Export which lists shares on the Hanoi bourse. Continue reading “The three biggest risks in doing business in Vietnam”