Good morning to all the global go-getters tuning in! Strap in, because this one’s packed with hard truths! Today, our CEO Ken Duong is peeling back the layers of his 15-year journey investing in Vietnam—from the thrilling highs to the gut-wrenching lows, and yes, even some of the scams that hit close to home.
Vietnam Investment is no longer attracting foreign investor?
In this video, he’s breaking down my first venture into Vietnam’s investment landscape, sharing the failures, the setbacks, and the relentless obstacles he faced. But here’s the real kicker: he’ll tell you why, despite the booming interest, now might not be the ideal time to invest in Vietnam.
If you’re considering diving into the Vietnam investment scene, or you’re curious about the common scams in Vietnam that can snag even experienced investors—this one’s for you. No fluff, just straight talk. Let’s dive right in!
The initial experience on the first investing in Vietnam?
When he first invested in Vietnam, he had high expectations about the country’s rapid economic growth and its openness to foreign investment. He expected the process to be somewhat straightforward due to the government’s push to attract foreign capital. However, the reality was more complex. The regulatory environment was often unclear, and navigating local bureaucracy required more time and effort than he anticipated. He also underestimated the importance of having strong local connections.
Check out the video as our attorney, Ken Duong, shares details about his 10 years of living and investing in Vietnam
Learn More About Vietnam
We made many videos about Vietnam, from business to travel and even how to invest in Vietnam! Check out our YouTube channel for more business news. But if you want to apply for your Vietnam passport, feel free to contact us.