Business Types in Vietnam

Investors exploring opportunities in the Vietnamese market have several business entity options to choose from this guide provides an overview of the SIX main types of businesses available for those looking to establish a presence in Vietnam: Representative Office, Limited Liability Company (100% Foreign-Owned Enterprise), Branch Office, Joint Venture, Public Private Partnership, and Joint-Stock Company.

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Law of Attraction

The Psychology of the Law of Attraction
There is a great deal of overlap between the law of attraction and cognitive behavioral therapy (CBT), solution focused therapy and positive psychology, says Nolan, adding that studies on the various aspects of positive thinking suggest it is linked to the following health benefits:

  • Better overall health
  • Leading a more joyful life
  • Better coping
  • Fewer negative emotions
  • Increased stress hardiness
  • Greater happiness
  • Increased physical health
  • Longer lifespan
  • Greater social support
  • Increased relationship satisfaction

Where’s the Line Between Positive Envisioning and Wishful Thinking?

“The goal is to embrace the sensation of what it feels like to do, be or have the outcome you’re working toward,” says Whitman. “It’s the shift in your energy—not your imagination or your words—that energizes and magnetizes your desires to you.”

  • The other significant difference to note between wishful thinking and positive envisioning is that there needs to be action. Nothing is going to change if you’re just sitting on your couch asking the universe to send you good outcomes.

“If we spend all our time visualizing, meditating and ‘acting as if’ without taking action in the physical world, we are not doing our part in the manifestation equation,” says Whitman. In other words, set goals, embrace challenges, take chances, get support—but don’t expect things to come to you just because you believe they will.

Ways to Use the Law of Attraction to Your Life’s Advantage

  • Even if you’re not 100% convinced the law of attraction is something you should buy into, there are still ways you can leverage this mindset
  • If you decide that you’d like to see how the power of positive might play out in real time, here are some other suggestions from Whitman and Nolan for ways to ‘raise your positive vibes’ and work the law of attraction into your daily routine :
  • Commit to a daily practice of energy alignment. Try meditation, spend time in nature or with children/pets, exercise, sing, practice deep breathing, journal or listen to inspiring or uplifting books, podcasts or music. “Practices like these will assist you in restoring your nervous system and clarifying your energy field,” claims Whitman.
  • Curate your social media field. Block negative people and threads, or at least stop following them. “Create the social media ‘feeds’ that serve you, uplift you, make you feel better, inspire you,” says Nolan. “Your emotions are your internal GPS, telling [you] what feels good and what does not—use them.”
  • Keep a gratitude log. Gratitude is one of the highest vibrations in the universe, because it reminds us to focus on the abundance we already have, which expands us and increases our capacity for more, claims Whitman. One easy way to practice this is to write down one thing you are grateful for each day, and then list five reasons why you are grateful for that person, place or thing.
  • Minimize your interactions with negative people. That doesn’t mean you have to ignore bad situations when they happen or always put on a happy face (i.e. “toxic-positivity”), but it does mean you can choose not to join in “ain’t it awful” conversations, says Nolan. When it’s not possible to avoid negatives, he says positive internal self-talk can help you stay in an upgraded place.
  • Watch your word choices. “Our words have power, and with every word we speak, we are either creating a reality we desire, or a reality we dread,” says Whitman. “To use the law of attraction to manifest your desires, always speak in favor of your desires, never against them.” For example, instead of saying “I’m worried things aren’t going to work out for me,” try shifting it to, “every action I take leads me closer and closer to things I desire.”
  • Prepare your energy field before entering difficult situations. When you’re about to head into a tough conversation or event, carve out time to prepare your mood beforehand. “Imagine filling yourself up with the energies of joy, expansion, clarity and ease,” suggests Whitman. “Take a few deep breaths, and literally feel these energies expanding your consciousness and raising your vibration.” The higher you raise your frequency ahead of time, the easier it will be to sustain it.
  • Engage your power of focus. There are only two basic positions you can take in relation to anything in your life. You can either focus on what you perceive is going wrong, or on what you perceive as going right. Whitman suggests asking himself: “What do I want?” “Why do I want this?” “How do I believe I will feel once I accomplish this?” When you understand that what you focus on expands (i.e focusing on good things increases the likelihood of more good things coming), Whitman says, “you discover that the most empowering thing you can do is to focus on your positive aspects.”
  • The law of attraction is founded on the premise that the quality of our most prevalent thoughts, moods and attitudes determine the quality of what we manifest in our lives. This encourages us to deliberately guide the direction of our own thoughts, and to choose our perceptions, moods, attitudes and expectations on purpose, says Whitman.
  • And, in the current world where we’re bombarded with negativity on a daily basis, a little positive hope doesn’t feel like a bad thing to try to attract.

Source: Forbes

Strategies for Elevating Your Career in 2024
  1. Invest in Continuous Learning for Professional Advancement Enhancing your professional trajectory involves a commitment to lifelong learning. Attend industry-specific seminars, webinars, and workshops regularly. Pursue additional certifications to solidify your expertise, and consider learning a new language to broaden your global career opportunities. By staying at the forefront of your field, you become an invaluable asset to current and potential employers.
  2. A Pivotal Element in Career Progression Navigating the complexities of your professional journey becomes more manageable with a mentor. Seek a seasoned professional whose experiences align with your career objectives. Regularly request feedback and advice, and leverage your mentor’s network for potential new opportunities. A mentor not only refines your skills but can also unlock doors to new and exciting career prospects.
  3. Strategic Networking for Career Advancement Building and nurturing professional connections is akin to cultivating personal relationships. Engage in professional networking events and organizations, creating meaningful relationships both within and outside your industry. Offering reciprocal help fosters strong professional ties, providing a foundation for significant career advancements.
  4. Setting and Achieving Specific Career Goals To propel your career to new heights, establish specific, achievable goals tailored to your aspirations. Break down larger goals into manageable steps and regularly reassess them to ensure alignment with your career path. A clearly defined roadmap will guide your journey to professional growth and success.
  5. Utilize Feedback as a Catalyst for Career Development Seeking regular feedback is crucial for professional progression. Be proactive in obtaining feedback from peers, subordinates, and managers. Respond constructively, using feedback as a catalyst for improvement. Implement an action plan to address feedback points, allowing it to guide your continuous growth in the professional arena.
  6. Showcase Leadership Skills for Career Advancement Demonstrating effective leadership is a proven pathway to advancing your career. Take charge of team projects, refine key leadership skills such as communication and decision-making, and handle conflicts constructively. Showcasing your ability to lead effectively positions you as a credible candidate for promotions and new challenges.
  7. Embrace Challenging Projects for Career Growth Willingly take on challenging tasks as opportunities for personal growth and learning. Volunteer for challenging projects that allow you to extend your skills, solve complex problems, and showcase your adaptability. Overcoming obstinate tasks not only establishes a positive image but stimulates continuous learning and professional development.
  8. Maintain Work-Life Balance for Optimal Performance Achieving a healthy work-life balance is crucial for reaching new heights in your professional journey. Prioritize personal interests and hobbies to prevent burnout. Effectively plan your time to manage work and personal commitments, and practice mindfulness and self-care to maintain an optimal mental state.
  9. Cultivate a Positive Attitude for Professional Success A positive attitude directly impacts your professional growth by fueling creativity, encouraging teamwork, and facilitating resilience in challenging situations. Cultivate a positive demeanor to be perceived as a valuable team member, influencing your ascent to the next level in your career.
Environment, Social, and Governance (ESG) in Vietnam

ESG becomes mainstream, opening significant opportunities for sustainable businesses

ESG (Environment, Social, and Governance) practices have gained prominence in Vietnam due to the government’s commitment to carbon neutrality by 2050 and growing investor demand for sustainable development. Enterprises are recognizing the need to integrate ESG practices to gain a competitive edge, access new markets, and attract investments in the global trend of responsible business.

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