Business Exit from Viet Nam

I have found conducting business in Viet Nam to be extraordinarily interesting.  We have formally exited production in Viet Nam as of May 15, 2012.  One of the interesting facets of business in Viet Nam has been the remarkable difference between the environment there and in China.  China of course, also a communist nation like Viet Nam, allows business to work.  In fact, conducting business in China is far easier than it is in the United States and most European countires.

Fortunately, we will take a small hit to aggregate income.  In fact, only 0.0286 percent of projected 2012 income. 

One could say that conducting business in Viet Nam is like working with the American government.  🙂

 

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