He Left America to Do Business in Vietnam (GOES BAD QUICK)

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Duong Global Business Consulting Group

Duong Global Business Consulting Group

Күн бұрын

Пікірлер: 343
@tko8218
@tko8218 6 ай бұрын
This is a hidden gem of an interview. Thanks!
@ThePassiveNomad
@ThePassiveNomad 6 ай бұрын
Dr. Brackenbury is my chiropractor 👍🏻 best in Vietnam 🇻🇳
@naturboy
@naturboy 6 ай бұрын
I remember this dude advertising his practice in local expat magazines. Interesting to see his life
@XY-rh3if
@XY-rh3if 6 ай бұрын
The fact that the man is a foreigner, lived in about 4 different countries, is successful and has about 2 decades in all these countries combined, makes this story very intresting. I have to add that I'll have to role back this video and watch it once more, which I rarely do. Please keep us intuned about all the plans he just mentioned
@loveaodai100
@loveaodai100 6 ай бұрын
Awsome interview with a really interesting high energy individual who like me has always seen the fascination of Vietnam. I am from NYC but now here 30 years. I worked for a major international insurance broking company beginning 1995 where after many years we were able to get a regular business license. I am not entrepreneurial like this guest but did reasonably well developing business. And like this guest it was really positive for me to bring my insurance skills into a market back in the 1990s that still lacked them. I am retired now but very happy here where being able to speak Vietnamese I am never bored.
@knockknock1246
@knockknock1246 6 ай бұрын
I've been traveling for 16 years now. Much of that has been in SE Asia. No marriage. No pregnancy. No purchasing of items you would mind leaving behind is the secret for SE Asia travel.
@sebastianniqvist3144
@sebastianniqvist3144 6 ай бұрын
I agree 100%. I have heard so many horror stories of fools that trusted a bar girl with lands and property they bought under her name. South East Asia can be “Paradise on Earth or the Graveyard of Fools.” It’s up to you to decide. Well said: purchase items you wouldn’t mind just leaving behind and walking away. Don’t have kids with random girls and don’t support a hot Asian girl with kids from 2 or 3 or more different Asian men.
@mphjourneys
@mphjourneys 6 ай бұрын
Wish this video came out a few years back. Vietnam is such a difficult country to do business in. Learned some valuable lessons over the last two years trying to live and do business out here. Kudos and glad to see there are some successful stories out there in the land of the jungle!
@interdimensionaleagle6685
@interdimensionaleagle6685 4 ай бұрын
What business did you open?
@neilharvey6714
@neilharvey6714 6 ай бұрын
Excellent interview. I know Dr. Wade's wife through working on some charity initiatives together. Really nice lady and he is an extremely impressive guy. So glad they have produced a real Vietnam success story!!
@stevev4863
@stevev4863 5 ай бұрын
In 1986 my whole family left Vietnam, we are not allowed to sell our land, it was about 1 block big. We try to transfer the land to my cousin also my mom adopted son but it was denied. At the end we ended up getting a small piece of land for my cousin to build a house after spending tons of money. The government took the rest of the land
@LWRC
@LWRC 5 ай бұрын
Sounds exactly like what the Communists do in China ! ! !
@palirvin1871
@palirvin1871 3 ай бұрын
yes I believe every word.
@last-shinobi-of-the-oboro-clan
@last-shinobi-of-the-oboro-clan Ай бұрын
Yeah, because they are Communists.
@hlim431
@hlim431 Ай бұрын
Thanks Ken, what a GREAT human being is Dr. Wade Brackenbury... you do have a very smart way to get him to talk! What a excellent ambassador he makes for Vietnam! The philanthropic work is FANTASTIC, Vietnam because of the war have the highest rates of birth deformities and cancer...
@sonnyvanngo3950
@sonnyvanngo3950 6 ай бұрын
Great interview. Best wishes Dr.
@hiphopisdead
@hiphopisdead 6 ай бұрын
Compared to Thailand, Malaysia and PH, Vietnam is an absolute nightmare to do business unless you marry a local girl with some connections in the locality you look to open shop.
@lesliefulton9219
@lesliefulton9219 6 ай бұрын
Yup i agree, Got an uncle over there who moved there 20 years ago, married a local woman had another family, and she is the one who takes care of all the bribes and Parties to keep various folks happy so they can continue to do business. Because he came from a western country, he wasn't aware that you pretty much gotta pay people off. Biggest problem becomes though when they want to much, business doesn't do well or isn't doing well, or you are restructuring and then you get problems.
@XY-rh3if
@XY-rh3if 6 ай бұрын
Nice to know.
@titikati
@titikati 6 ай бұрын
Let the naive people live their dream (or nightmare?). Of course the VC have no more animosity towards the US otherwise they would be below poverty by now.
@samsungtap4183
@samsungtap4183 6 ай бұрын
Better marry a really smart honest Hanoi girl...it makes a difference. I did and have made bundels of money.
@titikati
@titikati 6 ай бұрын
@xoxox74 But the other countries never brag to be the paradise on earth to lure people, especially naive investors.
@irawardofficial
@irawardofficial 6 ай бұрын
Wow, that was a great interview and insight and what to expect when you do business or retire in Vietnam !!
@palirvin1871
@palirvin1871 3 ай бұрын
Let me say with respect. Your money and your time and your freedom belongs to you. If you want to try your hand in Vietnam, it's your choice. Myself having lived there for two short years and learning alot more than the average person due to my connections made. I would never try to do a business in Vietnam. Pragmatically, foreigners have no rights in Vietnam economically. You cannot own anything beyond a condo and even that you need to take great care and diligence to acquire. When I first arrived in Vietnam I was in love with it, mesmerized by all the opportunities. LOL. It's all a mirage to foreigners. Don't confuse the pleasure of living in Vietnam as a wealthy foreigner with thinking that you can do business there an make money. But it's your life and I've shared my warning.
@kathleenlynch1961
@kathleenlynch1961 6 ай бұрын
Awesome interview. Both guys showed so much respect to each other and their adopted country, Vietnam. It’s tough in Vietnam and it takes lots of determination and persistence to come out on top. Love this channel ❤ Thank you for sharing such valuable information It does take a really special person to be able to do what both of these guys are achieving in Vietnam Thumbs up to both of them 😊🎉
@Zoomer-39
@Zoomer-39 6 ай бұрын
Hi Wade, you are lucky to get Mr Minh & Kien as your partners who has a long term vision to go into your business. Most Vietnamese business people I deal with or partner with only look for quick profit by reaping you off as much as you can.
@xdgs567z
@xdgs567z 6 ай бұрын
this guy really tells it as it is, very honest and down to earth
@kevinwortz8301
@kevinwortz8301 6 ай бұрын
Good to hear your story Wade. I have good memories of your old clinic in Hải Ba Trung, now living in Thao Dien and loving it.
@richardgurian7415
@richardgurian7415 2 ай бұрын
ken, the more I watch your videos the more I like you as a person. I've been to vietnam a few times, visited most of the large cities and enjoyed my times here. Thanks for the memories
@waveplug
@waveplug 6 ай бұрын
1 of the best interview. keep up the good job. looking forward for more.
@MMLL369
@MMLL369 6 ай бұрын
I could be wrong, I sense that Dr Wade is a kind of person that would force his own values and beliefs on others. It might work in many SE Asian countries, it doesn't work well in Hong Kong and China, especially over the last decade with the growing nationalism there.
@cgigammez5749
@cgigammez5749 6 ай бұрын
cope
@canthandlethetruth-dji
@canthandlethetruth-dji 6 ай бұрын
The CCP especially under Xi has turned China more insular, that isn't working to their benefit now with foreign companies moving out as well as an exodus of foreigners. The economy and exports are both suffering.
@nicos5252
@nicos5252 5 ай бұрын
Well said
@1.4billion65
@1.4billion65 3 ай бұрын
In the last decade, USA put tremendous pressure on China, what choice do they have?
@mylifeintheprovince
@mylifeintheprovince 5 ай бұрын
You can not think opening a business as a foreigner is going to be the same as their own country. There are so many legal and cultural issues that make it much more difficult. Sure it can be done but it is not going to go as smooth as back home. Far too many think, I am moving abroad and will open a business, it is not easy at all.
@Jiren0420
@Jiren0420 6 ай бұрын
Great interview, can't wait to retire in 15 years in Vietnam. I'm going back in January. We (Viet Wife) travel every year. She's from Buôn Hồ, Đảk Lảk. We have Land and we'll buy more. Our money is worthless in USA but better to spend it in Vietnam
@thienthy2003
@thienthy2003 14 күн бұрын
Very good job of the interview
@NgoanHoang-x1j
@NgoanHoang-x1j 6 ай бұрын
One of the splendid Americans in Vietnam!
@ShelbyCobra-q1l
@ShelbyCobra-q1l 5 ай бұрын
As a businessman, I can tell you that if you don't want to pay the police their "coffee money" you aren't going to exist as a business for very long. That is simply a cost of doing business here. No pay. No play.
@LWRC
@LWRC 5 ай бұрын
That's what Vietnamss homegirls in the US say !!! No pay -no play ! ! ! 😂😂😂
@nancienordwick4169
@nancienordwick4169 5 ай бұрын
It's illegal in the US to pay the police.
@ShelbyCobra-q1l
@ShelbyCobra-q1l 5 ай бұрын
@@nancienordwick4169 Duh. We are talking about Vietnam here genius.
@stevetiengviet
@stevetiengviet 5 ай бұрын
​@@nancienordwick4169its Vietnam, not US.
@palirvin1871
@palirvin1871 3 ай бұрын
I agree, but a sublety that outsiders will not understand is that the coffee money is demanded by what they think you are profiting. Communist police think that every foreigner is a millionaire. Not concept of how a business works in capitalism for a foriegner. Their coffee money will be brutal in time.
@Udjeox
@Udjeox 6 ай бұрын
Wow he understand vietnamese very well. The comparison between viet snd chinese to Korean and Japanese is eye opening and funny
@kizzik
@kizzik 6 ай бұрын
We are Việt Kiều. We had traveled between the U.S. and Việtnam since 1992 helping my wife's family. We built our retirement villa in the Vũng Tàu area in 1999. We also purchased rubber trees land in 2007. My wife also owns a house in Cần Thơ. We had retired early and are finally selling our home in Texas and retiring in Việtnam full-time. Unless you're a smart, savy local with good connections, don't even think about starting a business in Vietnam. The best way to enjoy Việtnam is to make your fortune and then retire in Vietnam. Our land investments have 10x & and 20x. By necessity, my wife's sister is named on the deeds. Fortunately, we had the foresight to submit written official documents that attest to our property ownership. Many Việt Kiều had lands stolen from them by their families. However, Vietnamese people are generally beautiful, smart, hardworking, and family oriented. The diversity of beautiful landscapes, foods, fresh fruits, and vegetables are the best in the world.
@LocHoang-u2x
@LocHoang-u2x 6 ай бұрын
"Unless you're a smart, savy local with good connections, don't even think about starting a business in Vietnam." The above quoted sentence would be much more accurately restated as follows: Unless you are cunning, devious with a lot of luck on your side in figuring out which of those corrupt and greedy communists to bribe, then you are toast if you start a business in communist Vitnam. It is sheer pot luch to figure out which communists are on the way down & out and which are on the way up the mysterious totem pole of power in a secretive communist country like Vitnam. All the best of luck to those who want to ride the Vitnam Express to quick riches.
@HuyTran-uu7cs
@HuyTran-uu7cs 5 ай бұрын
Sounds like heaven on earth, why you became “ viet kieu” in the first place ?
@kizzik
@kizzik 5 ай бұрын
@HuyTran-uu7cs Our family was from Southern Vietnam (losing side in the war) my mom was a business liaison with the U.S. military. We had to flee to the U.S. before the North took over the country or be placed in a reeducation center (concentration camps for "traitors" who worked with the U.S.).
@jamesrecknor6752
@jamesrecknor6752 5 ай бұрын
@@kizzik Glorious, revolutionary re-education for Party approved Correct Speech and Allowed Thinking. But enough about USA universities, let's talk about Viet Nam.
@interdimensionaleagle6685
@interdimensionaleagle6685 4 ай бұрын
how did you go about finding land to buy?
@karlweaver2597
@karlweaver2597 6 ай бұрын
Hi Ken, great interview, Asia gets in your blood as a Western executive, the issue with all of Asia as it rises it it gets expensive! It’s globalization, so cheap is a relative term depending on a timeframe. The 21st Century is a Pacific Century, unfortunately, the population of Asia was a huge value 20 years ago when labor wages were low, now that is over for most Asian countries. The key to living in any Asian country is language skills, I possess bilingual Mandarin/English fluency and I am trying to learn Vietnamese and find a rewarding job now in the Mobile industry in Vietnam! This is a story I have also personally experienced in Taiwan, in China, and Singapore! I believe Language skills are still the most important determinator of success in Asia! Karl J Weaver 魏卡爾
@Dan-nt9be
@Dan-nt9be 6 ай бұрын
Business closure is a worldwide phenomenon. Bad economy will restrict people spending
@sebastianniqvist3144
@sebastianniqvist3144 6 ай бұрын
Interesting interview, he has experienced many countries in Asia and has a successful career. His advice about mastering pronunciation and tones in Vietnamese is priceless. Indeed at least 2 months “only” to master pronunciation and tones. I’d like to talk to this Doctor in person. He has a wealth of experience.
@dapooramericanhomesteadfar7192
@dapooramericanhomesteadfar7192 6 ай бұрын
I have lived in Vietnam for the last 8 years. 5 years farming. 3 years selling fried chicken. I wouldn't recommend do anything big. You are just a target. It's not what you know. It's who you know. I don't believe some of the things this guy is saying. Nobody in the logic mind want to exit a successful business. It's more drama then it's worth. I may make enough to survive but i don't have to deal with the headache.
@michelleta7973
@michelleta7973 5 ай бұрын
I have a friend, he sold his house in San Jose, brought 1 million to VN to do business. After 5 years he " out" of VN, back to San jose with 100 thousands left. He said... " that's all I have now to start my life all over again at the age 55 !" .... policemen in VN will not leave foreigners alone if they doing business!! Example: look at Nguyen cao Ky duyen! What happened to her business in VN ????
@hungnguyen-ie6ce
@hungnguyen-ie6ce 5 ай бұрын
What happened to NCKD? Please tell more. Thanks
@ggc7318
@ggc7318 Ай бұрын
Excellent interview ! No BS.
@tanmedia
@tanmedia 6 ай бұрын
Great interview (haven't finished) and it should also be said that Wade's business ACC is a success story. I believe it has now been sold to a private hospital network. I had the opportunity to work with ACC is part of a supplier (digital transformation for healthcare) and the business leaders have a progressive attitude compared to other healthcare providers.
@ct4706
@ct4706 6 ай бұрын
Congratulations Ken on the growth of your channel which is very informative and insightful. I know Wade personally and I thought that this was very interesting. I understand you need a captivating thumbnail but your thumbnail and your initial intro into Wade portray him as being quite negative about Vietnam which I know is not the case, he loves this country.
@Jocelyntran75
@Jocelyntran75 6 ай бұрын
Wade is a compelling speaker and absolutely devoted in his calling. I’m glad we met and he is my only chiropractor outside of the US. He is really that intensional on everything he does and so ethical. I’m glad he made it well in VN and wishing him the best. Doing business anywhere is hard even in the US. If the laptop is ready then the market is saturated and hard to get noticed. I’m 3rd world countries like VN and Cambodia or others, you have the market but the legal system is opaque so pick your choices. Good luck to both of you!
@henry5172
@henry5172 6 ай бұрын
Vietnam is a developing country, not a third world country. You can't compare Vietnam to Cambodia.
@christopherpekel6096
@christopherpekel6096 25 күн бұрын
It is third world. You don't understand the definition
@michaelsaragoza6556
@michaelsaragoza6556 5 ай бұрын
I lived in Saigon 3 years. I went to ACC a few times. My doctor was from Southern California. I received very good care. I paid cash and was reimbursed by my insurance company in the states.
@ctboi7627
@ctboi7627 6 ай бұрын
Love this vid, thanks to u both and the video staff :)
@JLT2342
@JLT2342 4 ай бұрын
What a great interview !
@WalkaboutRojo
@WalkaboutRojo 6 ай бұрын
Great conversation, loved it!
@kilnmaster
@kilnmaster 5 ай бұрын
A lot of expats in the Philippines. ITs very expat friendly here. I am a legal resident now. U.S. citizen. love Vietnam and too bad its hard to retire there. We would consider because we like the food and Nha Trang. After seeing this I think I will stay retired here in the Philippines. lol
@techworld-kc6lt
@techworld-kc6lt 5 ай бұрын
This guest is so upfront telling his views Great
@mikeblevins327
@mikeblevins327 6 ай бұрын
I did, and still glad I did . Thanks for sharing !
@jameswalsh2427
@jameswalsh2427 5 ай бұрын
Wonderful interview thanks for sharing, Subscribed and liked. James J Walsh in Limerick city Ireland 🇮🇪
@yamuiemata
@yamuiemata 6 ай бұрын
So...if you are not a billion dollar company and want to set up shop in Vietnam, be prepared to deal with inconsistent laws and regulations or have a lot of coffee money😁
@havencat9337
@havencat9337 6 ай бұрын
kind of.... SE asia its like that.
@havencat9337
@havencat9337 6 ай бұрын
but things move despite that
@phanhuyduc2395
@phanhuyduc2395 6 ай бұрын
Well why not ? Everything in VN can be bought and usually for the lower price than you pay the correct tax for Vietnamese goverment. Do not bring American mindset here you fucked. Embrace vietnamese mindset and you'll see VN is the easiest place to do business .
@BrunoFil1S
@BrunoFil1S 6 ай бұрын
I moved my production from Philippines to Bao Loc, Vietnam. The best decision I have done....
@GiangHoang-hd8uk
@GiangHoang-hd8uk 6 ай бұрын
Bảo Lộc will strong develop in 3 year more. When have built ride express
@palirvin1871
@palirvin1871 3 ай бұрын
Congrats, I went through Bao Loc twice stay overnight there on motorcycle runs from HCMC to Buon ma Thuot via that beautiful back country road through Gia Nghia. Beatiful resevoirs and pine trees, interesting to find in SVN.
@MoreFormosa
@MoreFormosa 6 ай бұрын
your best interview and content to-date about Vietnam culture and business. Happy to hear the Taiwan shout-out too 👍🏼💪
@smudgepost
@smudgepost 4 ай бұрын
Very interesting. I wonder what he didn't like in Malaysia? Both KL and Vietnam are rated highly.
@ChrisBGramz4u
@ChrisBGramz4u 6 ай бұрын
Google Translate works well. It often brings a giggle out of the Seniors, when I push the read-out-loud button.
@chrishamlin5863
@chrishamlin5863 6 ай бұрын
Great story. Thank you for sharing.
@KaliaKnives
@KaliaKnives 5 ай бұрын
Excellent insight into a foreigner doing business in Vietnam.
@duongglobalbusinessconsulting
@duongglobalbusinessconsulting 5 ай бұрын
Thank you!
@faustinodibauda251
@faustinodibauda251 6 ай бұрын
Great interview
@bens9704
@bens9704 6 ай бұрын
Awesome video!
@dukemaverick3892
@dukemaverick3892 6 ай бұрын
Vietnam welcome you with open hands and pockets.
@fishlocker4U
@fishlocker4U 3 ай бұрын
It was so cold here in the states my lawyer had his hands in his own pockets.
@aeroAdvocate
@aeroAdvocate 5 ай бұрын
Retiring or working remotely in Vietnam is fine, even operating some types of companies but generally speaking operating a business is challenging and maybe not a good idea. As a medical professional it’s very difficult to move to any other country because of licensing.
@ghklfghjfghjcvbnc
@ghklfghjfghjcvbnc 6 ай бұрын
This guy is full of ENERGY and LIFE and INTELLIGENCE. Alpha male.
@Monstacheeks
@Monstacheeks 6 ай бұрын
I do want to retire in VN, but that’s in 25 years. A lot can change by then.
@VN-BURNER
@VN-BURNER 6 ай бұрын
What I got from the video is if you like stress and hassle then open business in Vietnam 😂
@chrishamlin5863
@chrishamlin5863 6 ай бұрын
Vietnam is not for everyone. You have to have to really love life and have something to offer.
@DannyDoiPhone
@DannyDoiPhone 6 ай бұрын
Dr. Wade is the best!
@rocklamanna
@rocklamanna 6 ай бұрын
Educational and insightful information from an American success. I’m interested in learning more about the printing and packaging industry in HCMC. Can you research a print owner to share their stories? Thank you, keep up the excellent content. Florida USA.
@sebastianniqvist3144
@sebastianniqvist3144 6 ай бұрын
About starting a business in Vietnam I see and hear so many conflicting opinions. Some people say: h3ll yeah!!! Others say: h3ll no!!! As an entrepreneur you are in a suicide mission and can lose everything. You need to factor that South East Asia with the exception of Singapore is a gray area so that makes business even more difficult. It’s true that for every success story there are hundreds of horror stories.
@MichaelSmittySmithScottsdaleAz
@MichaelSmittySmithScottsdaleAz 5 ай бұрын
Where can we follow Dr Wade
@user-hp1gn5mg7c
@user-hp1gn5mg7c 6 ай бұрын
Just due to the limitation on monetary transfer outside of VN should be a deter of large investment in VN.
@murin7185
@murin7185 6 ай бұрын
This kind of interview is very interesting 🎉and informative
@evelynbaitz2732
@evelynbaitz2732 4 ай бұрын
This guy tells the truth.
@dy5167
@dy5167 6 ай бұрын
Best one yet ! I would love to be part of the charity
@SastravithKhieu
@SastravithKhieu 6 ай бұрын
Great story!
@chrishoang6965
@chrishoang6965 6 ай бұрын
Is a bad idea to do business in vn,everyone I know they went broke after open business in vn 99.9% fail ! Vn dream come on bro.
@oliverbui2662
@oliverbui2662 6 ай бұрын
most business in the west fail too after 5 years
@michael.T.1
@michael.T.1 6 ай бұрын
99.9% business fails in VN ! Really bro.
@oliverbui2662
@oliverbui2662 6 ай бұрын
@@michael.T.1 it’s non sense. How come most my foreign friends run successful businesses in Vietnam if all of them fail miserably 🤣
@MistaOneGuy
@MistaOneGuy 6 ай бұрын
My first business in vn failed. But I was very fresh and although it primarily happened at the hands of an opportunistic "partner", ultimately it was on me. I wasn't ready. I now own a business here, over a decade later and all is well.
@duypham76
@duypham76 6 ай бұрын
Everyone I know tried and failed also..
@Alex_Unorthodox
@Alex_Unorthodox 6 ай бұрын
Impressive persistence. His story @15:05 about a succession of gov't departments harassing him for 5-6 months sounds like a nightmare. Is the ease of doing business here that bad?
@ns7083
@ns7083 6 ай бұрын
Yep, it is. The fun/pain starts as soon as you touch down at airport
@Alex_Unorthodox
@Alex_Unorthodox 6 ай бұрын
​@@ns7083 I'm here now. I had no problems at the Saigon airport and none since. I'm trying to figure out business opportunities here and the ease of business is a bit off putting to say the least
@valeries0817
@valeries0817 5 ай бұрын
as a vietnamese,i could say that several people here,especially those who are high-ranked in our government,are really cocky and offensive.They could easily angered at you for quite questionable thing.If you got yourself a really close local friend,maybe he could explain the culture and how to deal with these things in our place.
@palirvin1871
@palirvin1871 5 ай бұрын
True story, just happened a few weeks ago. I have a close friend same age as me, we met 8 year ago when both living in Vietnam. He stayed but I left after 2 years. He an older American, been in Vietnam >8 years and is not a problem guy. He was in Hanoi and getting off a bus and as he was stepping down the steps of the bus and middle aged bus worker picked her plastic chair literally slammed the chair across his back and sent him sprawling onto the ground off the bus screaming at him about something. She was the ticket lady on the bus and he had paid the fare to her when he got on. He had no idea what or why she did this. What kind of human slams a chair against a 65 year old man minding his own business and a quiet citizen legally living in Vietnam. THAT IS VIETNAM. This is the 3rd time he's been assualted by strangers in Vietname while living there. he had a grown man assualt him while eating lunch one day during COVID in Saigon region, in CuChi. The guy just walked up saying something and started punching him in the head. Why? Because the Vn government was spreading the explanation that the Americans send COVID into China and Vietnam to hurt them. THAT IS VIETNAM. Fortunately my friend beat the man into submission and then waited for the police and they arrested both. In three hours the police had finished their investigation and apologized to my friend because he did nothing wrong and he was release.
@1.4billion65
@1.4billion65 3 ай бұрын
Maybe because the Vietnam War?
@palirvin1871
@palirvin1871 3 ай бұрын
@@1.4billion65 I understand your comment and having lived in VN I've had numerous conversations about latent animosity because of the Vietnam War. I konw a lot about the Vietnam War compared to most and understand that great destruction was done in that war. But VN & the USA have normalized reations and USA gives VN extremely favoral trading privledges in the US markets, something the US does not get in return in VN. SO does anything in this permit asault & battery on a stranger on a bus in Hanoi? But my friend does not specifically look 'Murican' he's actually first generation of Romanian ancestry and is a handsome European looking man for this age. VN has a lot of anger and hate bubbling just below the surface. I just remind everyone to be polite and not make assumptions about anything in Vietnam. Lot of nice people but a country that has a dark side that would shock Westerners.
@TranwinnWinn-e9i
@TranwinnWinn-e9i 3 ай бұрын
It sound like Bs to me..
@jungleworld11
@jungleworld11 6 ай бұрын
I am sure it is easier to do business in Thailand! I guess even in Cambodia the obstacles would be less.
@mosqutio88
@mosqutio88 6 ай бұрын
Thompson Medical should consider investing. 👌
@roastnut
@roastnut 6 ай бұрын
Smart and interesting man. Great interview!
@ursa81
@ursa81 6 ай бұрын
Great content! Keep it up 🎉
@frankflex4465
@frankflex4465 6 ай бұрын
Cambodia is a business friendly country.
@synewparadigm
@synewparadigm 5 ай бұрын
How?
@aviation1337
@aviation1337 4 ай бұрын
​@@synewparadigmmy friend runs a small business in PP and he told me how easy it was to set it up and he hasn't paid 1 cent in any "coffee money"
@sting114
@sting114 6 ай бұрын
Ken can you make a video about those 6 Vietnamese that got poisoned in Thailand? What’s your opinion on it
@synewparadigm
@synewparadigm 5 ай бұрын
It sounds like a spying Russian operation?
@stevenyellow7638
@stevenyellow7638 6 ай бұрын
This’s the Americans dream in Vietnam
@stevenyellow7638
@stevenyellow7638 6 ай бұрын
Yes 40yrs ago you come to the USA and build the American dreams….but now the Americans dream is broken….even Americans slowly moving out of their homeland to look for cheap and better life in Asia
@eddyr1041
@eddyr1041 6 ай бұрын
Except lots of corruption there insane one. You do see all the video right? Loss for vietbworker if investment is hindered likevhis
@synewparadigm
@synewparadigm 5 ай бұрын
The US are following Europe. It's run by beurocrats with a constant increase of taxes and charges.
@kriskravt3428
@kriskravt3428 6 ай бұрын
The relationship between Vietnam and the USA, and the way the Vietnamese treat and think about Americans shows how open-minded Vietnamese people are. Most Chinese still hate the Japanese
@havencat9337
@havencat9337 6 ай бұрын
the Japs did very bad, can't compare...Japs needs to be kept in place. US its a lot nicer
@zedbou5040
@zedbou5040 5 ай бұрын
The communist mindset is always group culture, but I guess it can be applied to other countries though, seeing as I grew up in the west, with the "It's not what you know, it's who you know." Corruption however, is endemic, and the police seem licensed to keep control tabs on the paranoia of the 'powerful'. Whatever lip service the newspapers give the clean up campaign, it's top down. The mountains of repetitive paperwork is a major headache. The picking over every single thing is tantamount to nosiness. It's the distrust that i found insulting, but it's again, it boils down to the fact that they don't even trust each other, whatever level they operate at. This guy is lucky to have managed to live without sleep deprivation that many suffer due to the lunatic noise from singing at night, and dogs kicking off at 5am or before, as their lazy owners don't know what a walk is. As for the driving standard, that in itself is a reason not to live here. It's a confused nation of chaos, and what can be so easily decreed, in order to make the place a bit more civilised, never is. Thailand is better, but possibly because tourism changes a country.
@xuimod
@xuimod 6 ай бұрын
Vietnam is a small market. You have to work way way way harder to make money in Vietnam compared to the US. Orders of magnitude difference. You could work 2-3x harder in Vietnam and yet make 1/4th or 1/5th the money. Its why you see so many blank billboard and advertising spaces at Vietnam's main airport in HCMC. Why spend the money on advertising when the ROI is so small?
@daklakdigital3691
@daklakdigital3691 5 ай бұрын
VIET KIEU, for foreigner viewers, are VietNam born people who left after the American War. The government, through inducements, runs a come-home program.
@Chris-xc1tm
@Chris-xc1tm 5 ай бұрын
The more I dig the more Vietnam sounds like a bad deal compared to most of the rest of Asia. But also good for Vietnam not kissing Western ass. Tough hard working people. I hope they do great, but I'll probably be in Thailand, Korea, Ph and Japan. Even Shenzhen sounds better.
@palirvin1871
@palirvin1871 3 ай бұрын
Just remember, there is no easy money inside of any of these countries. if you can export something from these countries and sell it somewhere else then you've found your best opportunity but never ever tell your Asian counterparts who your customers are or where the products are finally arriving. Asianb business people are ruthless and never ever stop in their work to go around you. As for doing business inside their country? It's your money. I choose to pursue other avenues even while living in Asia. I don't like the odds being a white foriegner in Asia. If you've lived in Asia then you know what I am talking about. Asia is nothing like the West. Nothing. I don't berate it; I accept it.
@ItsmeTranTran
@ItsmeTranTran 6 ай бұрын
Dr Wade's story is interesting
@coyotecreek318
@coyotecreek318 6 ай бұрын
You can retire and live in Vietnam, but business is a no no in vietcong
@christophervo8228
@christophervo8228 6 ай бұрын
Only business is online
@VN-BURNER
@VN-BURNER 6 ай бұрын
@@christophervo8228 Even if you make money in Vietnam, transfer money out is another nightmare.
@christophervo8228
@christophervo8228 6 ай бұрын
@VN-BURNER not if you set up HSBC account or us bank account and then transfer into crypto
@Nick2Stix
@Nick2Stix 6 ай бұрын
if you make all your money here then keep it in the country. it doesn't benefit the Vietnamese people at all for you to profit off their cheap labor and then send all that money back to your home country for your banks to profit..​@@christophervo8228
@AngeldeJongTHE1
@AngeldeJongTHE1 6 ай бұрын
Nice story 👌
@timcarr6401
@timcarr6401 6 ай бұрын
I only watched 7 and a half minutes of the video. I wish he would have said more about South Korea and Singapore.
@linhvo-gf7lj
@linhvo-gf7lj 6 ай бұрын
giờ mới biết bác này làm ACC :)))
@mikerevou7422
@mikerevou7422 6 ай бұрын
this is a classic never invest in a country you can't be a citizen of beside locals are funneling the money back from Vietnam to the west due to lack of justice and tired of fictional social justice
@PoetryBang-n4u
@PoetryBang-n4u Ай бұрын
Some interesting commentary. However, there is too much background noise that hinders your interview.
@duongglobalbusinessconsulting
@duongglobalbusinessconsulting Ай бұрын
Thanks for watching! We are working on getting better quality recordings.
@colortrucks
@colortrucks 5 ай бұрын
vn is a best place to stay and relax few months, but if you do business total failure.
@ESGisascam
@ESGisascam 6 ай бұрын
where vivianne from conmunication team and zeri from layer team? he can help this forains man!
@enricomercado4671
@enricomercado4671 5 ай бұрын
You should have tried your business in a country like the Philippines instead. Filipinos are not intense snd confrontational as many Vietnamese can be. And the culture in the Philippines is Americanized as the US has had ties with the country, since theearly 1900's, plus almost everyone can speak English
@damienlee54
@damienlee54 6 ай бұрын
I learned "khùng" for crazy 😂
@ChrisBGramz4u
@ChrisBGramz4u 6 ай бұрын
Oh, a garage for people to store there bikes when they leave and come to the city for work, or such.
@lancesay
@lancesay 5 ай бұрын
out of all of the sea countries, #singapore is the safer place to do business; i would never do business in #indonesia, #malaysia, #philippines, #burma, #thailand, #cambodia, #laos, or #vietnam. your business just became their #atm just like #al #capone #alcapone's days.
@unebonnevie
@unebonnevie 5 ай бұрын
The local communists took my father's house, which is now worth than $1M USD, when we escaped Vietnam in 1979. We couldn't transfer the home ownership to a relative, etc., because the communists would put the person in jail, since we escaped Vietnam. Came back to visit and saw THREE families of communist officials, each living on each of the three floors. My father's house is a 3-story high, not counting the ground floor.
@Trgn
@Trgn 23 күн бұрын
You forfeited your citizenship. What did u expect?
@offhamsterwheel2789
@offhamsterwheel2789 6 ай бұрын
the guy naming his company 'VC' showed his lack of sensitivity and knowledge of VN.
@duongglobalbusinessconsulting
@duongglobalbusinessconsulting 6 ай бұрын
Please watch again. The naming was not VC.
@danielha4018
@danielha4018 5 ай бұрын
Great..
@realestatewebsingapore7276
@realestatewebsingapore7276 5 ай бұрын
I know an architect named Chris..and gave a lot of money (more than 1 mil usd) to a guy named Kevin D and got robbed
@duongglobalbusinessconsulting
@duongglobalbusinessconsulting 5 ай бұрын
And what is the morale of the story?
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