Political Considerations When Choosing to Relocate: Thailand vs Vietnam

• Thailand and Vietnam are ideal destinations for investors looking to relocate or supplement their China operations.
• Businesses however need to consider several factors such as the political environment when looking to invest or relocate.
• We focus on the political environment and highlight the pro and cons to help make you an informed decision based on the circumstances at this time.

Doing business in a foreign country requires awareness, consideration, and evaluation of risks that are unique to its environment. This involves knowledge of politics, economics, legislation, as well as social and cultural traits of the community.

2021 looks promising. ASEAN has performed better on the economic front than many developed countries and has emerged as a region to watch out for. In fact, Vietnam, while recording its lowest GDP year in years still recorded a net positive growth of 2.91 percent…