Bangkok Post: Thai companies don't need local partners in Vietnam

[buad hai]

Thai companies don't need local partners in Vietnam

Thai investors seeking to start ventures in Vietnam could be better off going it alone than forming joint ventures with local counterparts, as their business attitudes are quite different from those of Thais, says an investor with experience in the booming market.

Yes, indeed. They actually work hard and try to earn money.

[Butterfly]

and are more aggressive and expect Partners to bring something more than money

[watterinja]

Interesting that Vietnamese business folks have thrashed Thais on their home base eg. half of Mukdahan is of Vietnamese origin - & Thais think they can beat the Vietnamese on their own home turf.

They dream - surely.