This report helps in understanding the cultural specification of Vietnam and Kenya. The business situation in both the countries is analyzed to understand the cultural specifications. Both are the convenient locations for providing facilities to the new businesses. This task defines the facilities provided for the new business. Finally, the cultural specifications of Vietnam and Kenya have been discussed in the terms of general geopolitical characteristics.
Vietnam has a stable government and communal structure which makes it a perfect place for the capital investment. Vietnam is situated in the cradle of Southeast Asia and bordered by China. The geographic advantage of the country serves as a home base to the companies. It is one of the fast-growing Asian companies with high GDP growth. The GDP was 6% in 2014 whereas it increased to 6.7% in 2015. The country is the enormous importer of capital goods which are essential to meet infrastructure needs and the consumer goods in order to satisfy the expanding consumer market. The macroeconomic environment has been stabilized due to the upgrading of the stability of exchange rates and a decrease in the level of inflation. The country remains one of the smart locations for the foreign investors on the account of low wages, favorable demographics, political stability, and location (Parsons, 2017).
The people of Vietnam are having a specific mix of cultures, languages, and history. Vietnam is the most ethnically homogenous country and makes up 90% of the population with Vietnamese. The 85% of the population belongs to the indigenous groups that are Thai and Hmong. Most of the country’s vocabulary comes from the Chinese language (Van Chung, 2015). In 1910, it made French the official language. Buddhism is the largest religion in Vietnam. There are other religions such as Catholicism, Cao Dai, and Hoa Hao sects.
According to the report of the World Bank, the attractiveness of Kenya has improved to investors. The country has been ranked third in the report of World Bank 2017 in the ease of doing a business index. Kenya is considered the economic, viable and logistics hub of East Africa. Kenya is the third most competitive economy. Kenya promotes both local and FDI. The government of Kenya has simplified the business license and efforts to amend the companies act. Most of the investment in Kenya falls under the micro and small business sector (Ngomuo, Mneney & Ndakidemi, 2014). The country has been popular in fascinating private equity capital. The U.S. companies are setting up it’s operations and taking advantage of the location of Kenya. The culture of the business in Kenya is governed by Harambee (Choi & Glassman, 2018).
The culture in Kenya is purely Kenyan. The culture of Kenya is built on the absorption of new and mixed cultures. The GDP of the country was 5.4% growth in 2014. Further, it is expected to bounce to 5.8% in 2018 and 6.1% in 2019 (The World Bank, 2018). The inflation fell to 7.2% in 2014. Kenya is one of the stable countries of Africa. The legal recourse is expensive in the country. The application of common law and doctrines of equity are subjected to the statutes of Kenya. The country has held consistent democratic elections. There are various opportunities available locally and regionally. The infrastructure is also superior in the country. Kenya simplified the process of setting up a business in 2016. The government is open to the foreign investment (Economic Freedom, 2018). There is a skilled labor force in the country which encourages the free flow of trade. The foreign investments are backed by the government policies. It has enacted a law on special economic zones. The work permit is required for the foreign nations expecting to work in the country.
There are three factors which play important role in the geopolitics of Vietnam:
The general geopolitical characteristics of Kenya are:
Conclusion
Both the countries Vietnam and Kenya provide the best opportunities to the investors who want to conduct activities in the countries. Both the countries have a stable government and social structure which makes perfect places to carry on the business activities. The geopolitical characteristics of both the countries attract to conduct operations.
References
Quora, 2016. Geopolitically, is Vietnam an important country? [Online] Availabale at https://www.quora.com/Geopolitically-is-Vietnam-an-important-country [Accessed on 9 August, 2018].
Strategic Intelligence, 2016. Kenya’s Regional Dominance & Power; Nairobi’s Geo Strategic & Political Value Uncontestable. [Online] Availabale at https://intelligencebriefs.com/kenyas-regional-dominance-nairobis-geo-strategic-political-value-uncontestable/ [Accessed on 9 August, 2018].
The World Bank, 2018. The World Bank in Kenya. [Online] Availabale at https://www.worldbank.org/en/country/kenya/overview [Accessed on 9 August, 2018].
Economic Freedom, 2018. Kenya. [Online] Availabale at https://www.heritage.org/index/country/kenya [Accessed on 9 August, 2018].
Van Chung, T., 2015. The Characteristics of Culture and Religions in Ho Chi Minh City, Vietnam: Processes of Acculturation, Transformation and Accumulation. Tattva-Journal of Philosophy, 7(2), pp.27-51.
Ngomuo, M., Mneney, E. and Ndakidemi, P., 2014. Control of lethal browning by using ascorbic acid on shoot tip cultures of a local Musa spp.(Banana) cv. Mzuzu in Tanzania. African Journal of Biotechnology, 13(16).
Parsons, C., 2017. Lauren ME Goodlad. The Victorian Geopolitical Aesthetic: Realism, Sovereignty, and Transnational Experience. Oxford: Oxford University Press, 2015. Pp. 353. $95.00 (cloth). Journal of British Studies, 56(4), pp.911-913.
Choi, Y.J. and Glassman, J., 2018. A geopolitical economy of heavy industrialization and second tier city growth in South Korea: Evidence from the ‘Four Core Plants Plan’. Critical Sociology, 44(3), pp.405-420.
Essay Writing Service Features
Our Experience
No matter how complex your assignment is, we can find the right professional for your specific task. Contact Essay is an essay writing company that hires only the smartest minds to help you with your projects. Our expertise allows us to provide students with high-quality academic writing, editing & proofreading services.
Free Features
Free revision policy
$10Free bibliography & reference
$8Free title page
$8Free formatting
$8How Our Essay Writing Service Works
First, you will need to complete an order form. It's not difficult but, in case there is anything you find not to be clear, you may always call us so that we can guide you through it. On the order form, you will need to include some basic information concerning your order: subject, topic, number of pages, etc. We also encourage our clients to upload any relevant information or sources that will help.
Complete the order form
Once we have all the information and instructions that we need, we select the most suitable writer for your assignment. While everything seems to be clear, the writer, who has complete knowledge of the subject, may need clarification from you. It is at that point that you would receive a call or email from us.
Writer’s assignment
As soon as the writer has finished, it will be delivered both to the website and to your email address so that you will not miss it. If your deadline is close at hand, we will place a call to you to make sure that you receive the paper on time.
Completing the order and download