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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