An Operation Guideline for Food Investment Advisor in the Socialist Republic of Vietnam

Abstract

This article presents an operation guideline for food investment advisor in the Socialist Republic of Vietnam in 3 investment forms; 1) Export of raw materials for food 2) Processed food, and 3) Food manufacturing industry. The researchers analyze the environments, situation of food investment in the Socialist Republic of Vietnam. The research results reveal that the social and cultural environment of the Socialist Republic of Vietnam influences the investment. Although the Socialist Republic of Vietnam liberalizes trade and investment, there are political and legal restrictions including rules and regulations on investment that investors must know and practice correctly. They must also be careful to understand of food businesses investment in the Socialist Republic. This is why the investment advisor is needed to facilitate trade negotiations. Therefore, the Food Investment Advisors in the Socialist Republic of Vietnam must have knowledge, skills and experiences in food and environment, investment situation in the Socialist Republic of Vietnam as well as having network with various sectors in the government agencies of the Socialist Republic of Vietnam. They must also understand the law and the changes in the rules and regulations of the Socialist Republic of Vietnam, know how the market conditions, consumers, and competitors are, how the possibility in the investment is. The advisors will take the preliminary data to analyze and consider the abilities of the investment operators mainly.