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The story of viet nam economic miracle

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Reference no: EM132807718

Feb 15. The story of Vietnam.

Read "The story of Viet Nam's economic miracle"(Vanham, P., 2018) published by the World Economic Forum

  • Link https://www.weforum.org/agenda/2018/09/how-vietnam-became-an-economic-miracle/
  • Also use the link below to read the opinion piece "How Cultural Integration Has Changed Vietnam" - Do, Q. M. (2016)

https://www.theodysseyonline.com/cultural-integration-in-vietnam

As an HR professional in a multinational enterprise (MNE) that is considering Foreign Direct Investment (FDI) in a developing nation like Vietnam, answer the following questions:

  • What steps would you take to understand the national identity (history, traditions, diversity, cultural and societal norms) of the country into which you are investing?
  • What relative importance would you put on retaining the national identity among the workforce as you invest in the new country, as opposed to assimilating the workforce to the culture of your company's home country?
  • What specific steps would you take as an HR professional to achieve the "right" balance of national identity and corporate assimilation as you invest and potentially expand in the new country?

Reference no: EM132807718

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