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VOL. 6, ISSUE 10 (2019)
Managing the global financial crisis 2007-2009 experience for Vietnam and Vietnamese businesses
Authors
Mai Van Luong
Abstract
The financial crisis is one of the rules of the economy, no individual or organization can stop this. So businesses must always have a coping plan. The world financial crisis in 2007-2009 has negatively impacted the Vietnamese economy in general and overseas enterprises in Vietnam in particular. Foreign businesses operating in Vietnam actively manage credit and foreign exchange risks, using insurance measures in the foreign exchange and credit markets. In addition, they were also interested in operational risks, interested in cash flow, good asset management. These are valuable lessons learned for Vietnamese businesses.
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Pages:37-42
How to cite this article:
Mai Van Luong "Managing the global financial crisis 2007-2009 experience for Vietnam and Vietnamese businesses". International Journal of Multidisciplinary Research and Development, Vol 6, Issue 10, 2019, Pages 37-42
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