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17 February 2023

Doing Business in Vietnam Online Conference 2023

Have you ever wondered what it is like doing business in Southeast Asia? The "Doing Business in Vietnam" online business conference held on February 14, 2023, provided a unique platform for experts, Polish entrepreneurs, and individuals knowledgeable about the Vietnamese market to share their insights and experiences of the region. Organized by the Self-government of the Wielkopolska Region, Wielkopolski Fundusz Rozwoju sp. z o.o., and the Polish Chamber of Commerce for Importers, Exporters, and Cooperation, this event is also an integral part of the "Wielkopolska Business: Direction in Asia" project. This initiative, implemented as part of the Wielkopolska brand, aims to promote Vietnam and Southeast Asia as premier destinations for investment, further enhancing the connection between Polish businesses and the dynamic opportunities in the region.

Why invest in Asia?

Vietnam boasts one of the fastest-growing economies in Asia, making it an attractive investment choice amid its rapid economic expansion. The escalating consumer demand in the country creates lucrative opportunities for investors interested in sectors such as consumption, tourism, and information technology. Did you know that Vietnam is often hailed as the gateway to Asia for Poles? Thanks to trade agreements between the European Union and Vietnam, exports enjoy duty-free status and streamlined handling processes. The Wielkopolska Development Fund actively encourages and supports entrepreneurs from Wielkopolska who want to grow their businesses internationally and expand into the Vietnamese market.

Is entering the ASEAN market challenging?

Expanding into a new market can be quite challenging, as it demands an understanding of local culture, behavior, language, and business regulations. However, the rewards of expanding into the Asian market are substantial, offering the potential for increased profits, business growth, and access to a diverse and thriving consumer base. With our expertise in the region, we can help you navigate this venture with confidence and capitalize on the countless opportunities awaiting you in Asia!

Is it worth expanding your business in Vietnam?

The answer is yes, without a doubt! Vietnam’s booming economy and strategic location as a gateway to Asia make it an ideal destination for international trade. Exporting to Vietnam opens avenues for increased profits and business growth. While exports to Vietnam may fall behind imports, we believe that it will increase with foreign investment entering the market. In terms of trade relations, Poland is ranked number 1 among Eastern European countries, with Vietnam as our seventh-largest trade partner outside the European Union. Initiatives like the ‘Doing Business in Vietnam’ conference aim to bridge this gap, bringing the Vietnamese market closer and providing invaluable insights to assess risks, calculate benefits, and connect with experts. Our Co-founder & Chief Advisor, Mr. Łukasz Kozłowski, addressed crucial topics during the conference, including the verification of business partners, promoting the Polish brand in Vietnam, enhancing Polish-Vietnamese relations, and optimizing shipments of goods to Vietnam through various transport modes. This discussion covered key aspects such as contracts and costs, empowering businesses to make informed decisions and seize the untapped potential of the Vietnamese market.

The door to success in Vietnam is wide open, and the time to step through it is now. Expand your business with us and unlock the countless opportunities that await you in the thriving Southeast Asian market. Your journey to success starts here!