Vietnamese Business Culture Essay

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Vietnamese business culture and negotiation style
Vietnamese culture is affected by Confucianism so it emphasizes on connection and relationship building. Before doing business, Vietnamese firstly looks at the trust and relationship (Kohl, 2007). Therefore, to do business in Vietnam, personal relationships are required because it is a foundation for the success of business relationships. In Vietnam, the initial meeting is usually viewed as an introductory meeting, where all parties come to get to know each other, and it is quite time consuming to get down to business. In the first business meeting, Vietnamese tends to talk more about social life rather than professional topic. For Vietnamese, the more sharing of personal life such as family, …show more content…

They concern about long-term relationship, so in the negotiating, they must be convinced that it is a win-win deal to reach the success of a negotiation. In the bargaining table with Vietnamese negotiator, you need to identify a common goal or objective and demonstrate that both parties have opportunities to achieve or exceed their goals. To the Vietnamese, the mutually satisfied decision can help to build long-term relationship (Stark & Flaherty, 2003), which is important to Vietnamese culture as it can lead to future …show more content…

Silence or pause is not unusual in the meeting with Vietnamese people. They appear to be silence do not mean they do not involved in the conversation. Being delayed means that they are gathering details information on the negotiating issues as well as showing the respect for their counterpart as they are concentrating on listening what their partner is talking to (Rodriquez, n.d.). Last but not least, in Vietnamese negotiation style, re-negotiating the previous commitments may sometimes occur (Rodriquez, n.d.). In Vietnamese culture, it is normal to revisit and discuss for the deal that has been done before. Therefore, to be well-adopted to this culture, being flexible and well-prepared for what you can and cannot change is necessary to deal with this

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