Comparative Analysis on Business Culture between Vietnam and South Korea
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Since the formal diplomatic relations in 1992, cross border trade is currently active between Vietnam and South Korea. Historically, both countries are located around China and have deep connection as to their similar historical experiences that induced ‘Share of misery’, and by means both Korea and Vietnam have been deeply impacted by China’s culture which induced the two countries to share similar cultural backgrounds, relatively more than other countries. In the perspectives of firm expanding into Vietnam, potential problems of when entering a country are contrasting culture and the most effective solution that the manager brings upon, relies on the understanding of both opposing cultures, which is the main priority when dealing with oversea business. This study, after deep inspection of similarities and differences between South Korea and Vietnam, aims to assist Korean firms that had more interest in expanding into Vietnam more than alternative countries. Hereupon, the factors and types of Korea’s dispute with different cultures factors have been analyzed. Since both countries have been affiliated with China’s culture, their history, culture and society seem to share many of its same values, but despite of this fact, dispute from the evident difference found in both countries leads to other disputes concerning natural environment, system, and others that hinder communication, lifestyle are at a high rate. Ever since Vietnam had adopted market economic system, factor for lowering the productivity cannot be regarded as custom nor practice. To solve the dispute of cross culture, the related parties need not only continuous effort but both countries’ government and the people’s interest, support, and cooperation.
Abstract
Since the formal diplomatic relations in 1992, cross border trade is currently active between Vietnam and South Korea. Historically, both countries are located around China and have deep connection as to their similar historical experiences that induced ‘Share of misery’, and by means both Korea and Vietnam have been deeply impacted by China’s culture which induced the two countries to share similar cultural backgrounds, relatively more than other countries. In the perspectives of firm expanding into Vietnam, potential problems of when entering a country are contrasting culture and the most effective solution that the manager brings upon, relies on the understanding of both opposing cultures, which is the main priority when dealing with oversea business. This study, after deep inspection of similarities and differences between South Korea and Vietnam, aims to assist Korean firms that had more interest in expanding into Vietnam more than alternative countries. Hereupon, the factors and types of Korea’s dispute with different cultures factors have been analyzed. Since both countries have been affiliated with China’s culture, their history, culture and society seem to share many of its same values, but despite of this fact, dispute from the evident difference found in both countries leads to other disputes concerning natural environment, system, and others that hinder communication, lifestyle are at a high rate. Ever since Vietnam had adopted market economic system, factor for lowering the productivity cannot be regarded as custom nor practice. To solve the dispute of cross culture, the related parties need not only continuous effort but both countries’ government and the people’s interest, support, and cooperation.
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