A Finance Manager Plan to have Filipino Cafe Restaurant in Vietnam

Post new topic

Member since 02 April 2019

Rowena ManzonMember08 April 2019 03:52:54

Hi Everyone,

I am currently working as a Finance manager in an Australian Company in the Philippines and planning to move to HCM Saigon in the future.

I am currently scouting for possible work in Vietnam as a Finance Manager or Senior Accounting Manager and to fulfill my other passion in cooking/baking Filipino foods by creating a business as an entrepreneur in Vietnam as i know a lot of Filipino are working in Vietnam and craving for the Filipino and a side of western taste as well.

Thank you very much,

Weng

JguyJones Guest

JguyJonesGuest22 April 2019 18:23:43

214245

The problem with "employment" in VN is the same across any field of work ... you are basically bringing a higher quality service to a society that can not afford to pay you a western salary .... AT BEST you might be able to find a foreign company, who is basically in VN capitalizing on Cheap Labor ....

Your starting point is basically a dead stop of "nothing" in terms of employment ... but if you are willing to settle for less, and dont mind being advertised as their "Western Employee" then you may have a chance, but keep in mind, the most common degree in VN for 2018 graduates was "Accounting" .... well over 200,000 ... and the number of companies registered in VN has dropped ( which is probably not an accurate number since that only means "registered businesses" and there is no way to measure the actual number ...

As for opening a restaurant .... you can't walk 5 meters in any direction in any major city in VN without tripping over chairs set out by make shift "mom & pop" restaurants .... But that is not to say that Foreign Owners don't do well here .... There are a lot of Foreign owned restaurants here ( crazy American selling "American BBQ" at prices that is insane to the locals, yet he has been operating for years, and has turned a decent profit.

Viets seem to go crazy over anything with "western" tags on it ... but finding your balance is going to be a complete nightmare.

Articles to help you in your expat project in Saigon

Working in Vietnam
Anyone thinking about working in Vietnam is in for a treat. Compared to many Western countries, Vietnam's ...
Setting up a business in Vietnam
Foreign entrepreneurs from across the globe have been landing across Asia for decades. In August, Harvard ranked ...
Internships in Vietnam
Interning can be a wonderful eye-opening way to experience a new country, culture, and work climate in your ...
Working in Vietnam as a digital nomad
Vietnam is emerging as a new popular destination for digital nomads and downshifters. As the prices in most Asian ...
The Vietnamese labor market
Depending on your industry and patience, finding a job in Vietnam can be a challenge. Many companies and local ...
Getting married in Vietnam
Have you met that perfect someone who you want to spend the rest of your life with? Luckily, getting married in ...
The healthcare system in Vietnam
Moving to Vietnam is going to present you with an abundance of challenges, from the logistical aspect to customs ...
Accommodation in Vietnam
If you're jetting off to Asia's beloved S-shaped nation, take care of booking the best accommodation ...