Foundation of the private enterprise system

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Reference no: EM133192403

You want to make an investment in Vietnam since its booming economy but you lack critical information necessary for an intelligent investment decision, namely, what are the laws and legal system of Vietnam like. How will your investment profits be taxed, how will the state protect your resources, will the state expropriate your investment, is there adequate enforcement of contracts? Law is the foundation of private enterprise in the modern nation because if law and its enforcement is inadequate, the risks of doing business are too great.

Question 1: Do you know everything you need to make an investment decision? ( 150 - 200 words)

Question 2: If not, what else do you need to know about investment in foreign countries? ( 250 - 300 words)

Question 3: What does it mean to say that law is the foundation of the private enterprise system? ( 300 - 350 words)

Reference no: EM133192403

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