First, the Vietnam factory has low quality, obsolete techniques, high price, poor distribution, lack of understanding of the legal system. When WTO membership, right at the top of the business world Vietnam will lose markets and have to step on the stage level adjustment time. Second, a lot of businesses not Vietnam PM rules and procedures wall (new) of the WTO. The rules and procedures of the WTO also changed much.The first step in the WTO meeting, Vietnam business encounter the competition very fierce for management as well as employees must grant the States receiving the new practices to suit WTO market. Many risk losing the bold in the legal dispute. Third, the change in the business rules is the great challenge for Vietnam service area, no capital, no technology, and also have experience in comparison with international competitors. Cargo delivery system within the territory of Vietnam will encounter fierce competition of foreign companies. On Wednesday, all the domestic companies have to compete at higher levels. The enterprises must regulate itself to producing top quality and better service, or bankruptcy. The weak areas such as services, competition in the production of iron and steel, car Assembly and agriculture will be threatened. The area formerly part of State trading monopolies such as electricity, telecommunications, will be heavy pressure to open the door for private business. Many companies Vietnam likely to be foreign companies swallowed. Thursday, the company's bankruptcy raises domestic unemployment and cause instability in the society. On the other hand, even foreign investment capital has the ability, in some cases, lead to the instability of the financial situation. Friday, the change too quickly of the economy will continue to suffer from environmental degradation.According to Dr. Carl Thayer, Vietnam investment and Government must work together to help the business establishments in the country to increase resources, change management, bringing new technologies into the production process. To provide good conditions for the investment, the State must spend more than the budget for education and increasing the national budget on the research.
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