Professional Documents
Culture Documents
1
country should the firm choose to invest basing on economic factor, ignoring other
factors?
Topic 4 - Culture
One Vietnamese firm intends to invest in either Japan or Germany (Group 4); France and
Korea (Group 5). Investigate the culture of two countries and assess the costs, benefits and risks
from cultural differences for this firm. Which country should the firm choose to invest basing on
cultural factor, ignoring other factors?
Suggested main ideas:
- Discuss why culture can have effect on firm’s operation
- Indicate core cultural values and norms in each country that may affect the costs and
benefits of the firm
- Compare culture dimensions between VN and Japan; between VN and Germany; between
VN and other countries
- Draw conclusion whether the Vietnamese firm should choose which country to invest and
summarize some important notes for this firm about potential impact of cultural factors on
the firm’s operations.
2
A Vietnamese firm has planned to export products (wooden furniture, seafood, ...) to a
EU (Group 6), US (Group 7). What are trade policies of foreign government for imported this
product (tariffs, quotas, other barriers ...)?
Suggested main ideas:
- Indicate the potential export for this product.
- Export situation of exporting this product from Vietnam to that market
- Trade policies of foreign government for imported this product (explain reasons if
possible)
(Using data from ITC tools (http://www.intracen.org/default.aspx)