As Vietnam further integrates into the world business, more
investors are eyeing Vietnam for investment. As part ofinvestment due
diligence, risk management are always well considered
before foreign investors decide to do business with Vietnam partners.
In any parts of the world inluding Vietnam,
risk is an inevitable factor in business operation activities; higher return is
always accompanied by higher risks. Coping and managing risk is an integral
part of any business in order to make profit and create value to
shareholders in import export transaction, investment, or merger and acquisition
activities in Vietnam.
However, in our daily consulting practice, we
have seen a number of businesses whom do not manage risk effectively and
furthermore not fully understand about the risks that they are facing.
Typical risks in developing countries like
Vietnam are political risks, policy risks, regulations risks, credit risks,
bribery and corruptions, and organized crimes.
On daily transaction in trading,
according to Vietnam Ministry of Industry and Trade, there are situations
a number of corporate scams between Vietnam and foreign enterprises are
reported. In particular, foreign companies sell goods or provide services
to partners in Vietnam and in return the Vietnam partner fail to pay.
On a larger scale in FDI through business
formation or M&A
origination and execution, businesses that do not improve the risk
management process will have to face with a lot of different types of risks:
serious financial losses, adversely affecting cash flows and the value of
shares, decreasing prestige with customers, employees and investors.
Many business leaders often put heavy emphasis
on the business activity, profit, and revenues instead of concentrating more on
risk management especially understading business partners
through corporate intelligence investigation, background studying, adverse
media search through professional consultants in Vietnam whom understand
languages, cultures, legal environment and busieness practices. Further
searches could help foreign investors to understand the company itself, owners,
shareholders, members of board of directors of partner companies whom make
daily decisions of the business.
In the period that global crisis has been
predicted that almost bottom out and start to show signs of recovery, although
the recovery process can occur with different speed and characteristics
depending on sector and location of the business, the fully preparation of
business in all aspects including process and risk managementstrategy
could helps business not falling into the passive and also have more
possibilities to take advantage of growth opportunities after the recession.
Recently in Vietnam with the impact of high
inflation rate and economic recession caused by the global financial crisis,
enterprises are increasingly concern about risk management activities. Many
experts believe that an effective and well organized risk management system
will help businesses withstand and overcome fluctuations.
ANT Consulting is here to assist you from the
outset; providing corporate intelligence, risk advisory, management consulting
services that assist market entrance, and ensure efficient business start-up
operation. Our services are as following:
We strive to save your cost by guiding you
towards economical solutions that comply with local legislation and procedures.
We support you through early logistic solutions and carry you through as your
business grows. We aim to bridge the gap between international best
practices and local cultures and assist foreign companies and organizations
entering Vietnam market to overcome commercial and regulatory issues.
We could be reached at email: ant@antconsult.vn or
tel: +848 3520 2779 . To learn more about us, please visit www.antconsult.vn
Further information
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