{"id":3727,"date":"2017-04-26T00:00:00","date_gmt":"2017-04-26T00:00:00","guid":{"rendered":"https:\/\/www.globalizationpartners.com\/2017\/04\/26\/translation-and-localization-for-asia-vietnam\/"},"modified":"2021-01-04T14:58:25","modified_gmt":"2021-01-04T14:58:25","slug":"translation-and-localization-for-asia-vietnam","status":"publish","type":"post","link":"https:\/\/www.globalizationpartners.com\/2017\/04\/26\/translation-and-localization-for-asia-vietnam\/","title":{"rendered":"Translation and Localization for Asia: Vietnam"},"content":{"rendered":"<p>One of today&#8217;s hottest markets for companies looking for new business expansion is Vietnam, either for their own direct in-country operations or as a key offshore sourcing center for technical talent and services.<\/p>\n<p>The website, <a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN\" target=\"_blank\" rel=\"noopener noreferrer\">If It Were My Home<\/a>, provides an interesting perspective comparing basic living standards of a person in Vietnam to a person living in the United States.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.globalizationpartners.com\/wp-content\/uploads\/2018\/07\/vietnam-2_470x313.jpg\" alt=\"Vietnam-2\" width=\"470\" height=\"313\" \/><\/p>\n<p>From the site:<\/p>\n<p><strong>If Vietnam were your home instead of The United States you would&#8230;<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#Unemployment\" target=\"_blank\" rel=\"noopener noreferrer\">be\u00a0<strong>82.19% less<\/strong> likely to be unemployed<\/a><\/li>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#LifeExpectancy\" target=\"_blank\" rel=\"noopener noreferrer\">die\u00a0<strong>6.65 years<\/strong> sooner<\/a><\/li>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#Money\" target=\"_blank\" rel=\"noopener noreferrer\">make\u00a0<strong>92.42% less<\/strong> money<\/a><\/li>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#HealthCareCost\" target=\"_blank\" rel=\"noopener noreferrer\">spend\u00a0<strong>98.85% less<\/strong> money on health care<\/a><\/li>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#OilConsumption\" target=\"_blank\" rel=\"noopener noreferrer\">consume\u00a0<strong>95.26% less<\/strong> oil<\/a><\/li>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#Electricity\" target=\"_blank\" rel=\"noopener noreferrer\">use\u00a0<strong>90.87% less<\/strong> electricity<\/a><\/li>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#Homicide\" target=\"_blank\" rel=\"noopener noreferrer\">be\u00a0<strong>60.53% less<\/strong> likely to be murdered<\/a><\/li>\n<li><a href=\"https:\/\/www.ifitweremyhome.com\/compare\/US\/VN#Gini\" target=\"_blank\" rel=\"noopener noreferrer\">experience\u00a0<strong>16.44% less<\/strong> of a class divide<\/a><\/li>\n<\/ul>\n<p>Vietnam is close to the geographic size of New Mexico for overall land mass.<\/p>\n<h5>Vietnamese Demographics<\/h5>\n<ul>\n<li>There are approximately 95 million people.<\/li>\n<li>Life expectancy for men is 71.3 years, for women it is 80.7 years. That is quite a difference.<\/li>\n<li>45% of the population is 25 to 54 years old.<\/li>\n<li>The median age is 30.1.<\/li>\n<li>The leading ethnic group is Viet: 85.7%<\/li>\n<li>The literacy rate is about 95%.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.globalizationpartners.com\/wp-content\/uploads\/2018\/07\/vietnam-3_478x318.jpg\" alt=\"Vietnam-3\" width=\"478\" height=\"318\" \/><\/p>\n<h5>Languages of Vietnam<\/h5>\n<ul>\n<li>Vietnamese is the official language of Vietnam.<\/li>\n<li>English is growing in influence and now serves as a leading second language.<\/li>\n<\/ul>\n<h5>Vietnamese Culture<\/h5>\n<ul>\n<li>Rice is the leading food staple and eaten by most people in Vietnam three times a day.<\/li>\n<li>Marriage is a cultural norm, which usually takes place in late teens or early 20&#8217;s.<\/li>\n<li>It is common for one&#8217;s home to have two to three generations of a family living together.<\/li>\n<li>There are \u00a0six official religions the government recognizes: Buddhism, Catholicism, Protestantism, Islam, Cao Dai and Hoa Hao, the last two are indigenous religions.<\/li>\n<\/ul>\n<h5>Vietnamese Consumers<\/h5>\n<ul>\n<li>High income households have doubled in the last ten years.<\/li>\n<li>Casual fast food is a market segment that has seen impressive acceptance and growth.<\/li>\n<li>Mobile commerce and internet use is widely accepted and outpaces desktop internet usage<\/li>\n<\/ul>\n<h5>Vietnam&#8217;s Future<\/h5>\n<p>Forbes magazine had an article this past Fall calling Vietnam the <a href=\"https:\/\/www.forbes.com\/sites\/edfuller\/2016\/09\/07\/vietnam-poised-to-be-asias-next-economic-tiger\/#aada1e444cf5\" target=\"_blank\" rel=\"noopener noreferrer\">next economic tiger in Asia<\/a>. Vietnam has a strong economy, solid foundation for an educated population, appealing country for international staff, and attractive local base of employees to hire with technical ability. Its government, a socialist republic, is quite stable. Given these traits it has become a market that large companies have begun to recognize for their expansion and investment. The future is looking very good for Vietnam to continue as a growth market in the years ahead.<\/p>\n<p><strong>Sources:<\/strong><\/p>\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Demographics_of_Vietnam\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/en.wikipedia.org\/wiki\/Demographics_of_Vietnam<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of today&#8217;s hottest markets for companies looking for new business expansion is Vietnam, either for their own direct in-country operations or as a key offshore sourcing center for technical talent and services. The website, If It Were My Home, provides an interesting perspective comparing basic living standards of a person in Vietnam to a [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":3728,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[209,273],"_links":{"self":[{"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/posts\/3727"}],"collection":[{"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/comments?post=3727"}],"version-history":[{"count":7,"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/posts\/3727\/revisions"}],"predecessor-version":[{"id":29407,"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/posts\/3727\/revisions\/29407"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/media\/3728"}],"wp:attachment":[{"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/media?parent=3727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/categories?post=3727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalizationpartners.com\/wp-json\/wp\/v2\/tags?post=3727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}