Monthly Archives: July 2022

Zimbabwe Culture of Business

Basic data Capital Harare Population 15.30 million Language official language English, indigenous languages Religion Christianity (88%), no religion (10%), other (2%) State system presidential republic Head of State Emmerson Mnangagwa Head of government Emmerson Mnangagwa Currency name Zimbabwe dollar (ZWL) Travel Time shift +1 hour (in summer +0 hour) Economy 2021 Nominal GDP (billion USD)… Read More »

Zambia Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction Zambian society is still quite traditional in many ways. Central Europeans are often unpleasantly surprised especially by lateness, non-compliance with deadlines and promises in general or difficult dealings with the authorities. Widespread corruption is to be reckoned with. Visit Allunitconverters for more information about Zambia culture… Read More »

Vietnam Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Business culture in Vietnam is not fundamentally different from other countries in the Southeast Asian region. Emphasis is placed on direct personal ties and cultivating long-term relationships with business partners. Compared to Western culture, you need to expect slower processes when negotiating business and longer… Read More »

Venezuela Culture of Business

Basic data Capital Caracas Population 31, 30 million Language Spanish Religion Roman Catholic 71% State system Federative presidential republic Head of State Nicolás Maduro Moros / Juan Gerardo Guaidó Márquez Head of government Nicolás Maduro Moros Currency name bolivar Travel Time shift – 5/6 hours Economy Nominal GDP (billion USD) 52.2 Economic growth (%) -3.7… Read More »

Vatican City Culture of Business

Culture of business dealings Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Brief introduction – 3-5 sentences In the individual parts, the answer to the questions can be based on the culture card processed for seminars and for delegations. Addressing How to reach business partners? Business meeting How to arrange a business meeting… Read More »

Uzbekistan Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Doing business with Uzbekistan has very good potential, but it is necessary to take into account that entering this market is still (not only in terms of the culture of negotiation) quite complicated, expensive and especially time-consuming, despite the fact that significant changes have been… Read More »

Uruguay Culture of Business

Culture of business dealings Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction Most foreign companies operate in Uruguay through a local representative or dealer. With regard to the small market, we recommend starting negotiations with an existing merchant, only then possibly considering someone who would start developing the market from scratch (for example,… Read More »

United States Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction The US economy offers great opportunity with relatively high wages and a low cost of living. America’s emphasis on efficiency and meritocracy has pushed innovation to the highest possible level—and feels utterly liberating to those accustomed to hard work. And yet expatriates working in the… Read More »

United Kingdom Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction As a nation, the British have many centuries of experience in global trade. Therefore, he often acts as a leader of large-scale international economic projects. During the business meeting itself, it is usual to discuss the maximum possible points, including technical aspects. If both parties… Read More »

United Arab Emirates Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Although business ethics are increasingly approaching the standards valid in Europe and the USA, Czech entrepreneurs may encounter a number of peculiarities that result from different cultural and social conditions and business practices. Visit Animalerts for more information about United Arab Emirates culture and traditions. Addressing… Read More »

Ukraine Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction In Ukraine, it is necessary to take into account that business negotiations usually take a long time, and that Ukrainian partners want to get to know their Czech colleagues well before more significant business agreements are concluded. This presupposes work trips to Ukraine and direct… Read More »

Uganda Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction In business dealings in Uganda, it is possible to meet representatives of various communities who have specific characteristics during business negotiations. These result from the different cultural traditions and mentality of the partners. Most trading partners often adapt their actions and behavior to the behavior… Read More »

Tuvalu Culture of Business

Tuvalu: Map of industry opportunities – perspective Czech export items The most promising items for Czech exports, sectors for investment, privatization and development projects Business opportunities are limited in such a small market, the vast majority of consumer goods are imported, but the purchasing power of the population is low. From the point of view… Read More »

Turkmenistan Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Turkmenistan is one of the most isolated countries in the world and reliable information about what is really happening in the country is very limited. However, the country has many distinctive features common to all Central Asian countries. Business is based primarily on personal contacts,… Read More »

Turkey Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Business negotiations with Turkish partners are usually carried out in a more formal spirit than what we are used to from the Czech Republic. Turkish businessmen are used to taking more care of their appearance, it is true that a Turk wears a tie more… Read More »

Tunisia Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction Hierarchy plays an important role in Tunisian labor relations, affecting both the level of communication and the decision-making process. Although Tunisia is part of the Mediterranean region and strives for cultural and social proximity to Europe, it is also a society with a firmly rooted… Read More »

Togo Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction N/A it is possible to be inspired by information for Ghana, some customs will be similar Addressing How to reach business partners? Business meeting ON Communication ON Recommendation ON Public Holidays Public holidays 1 January 13 January 24 January 27 April 1 May 15 August… Read More »

Thailand Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction There is no doubt that Thai society is increasingly influenced by so-called Western culture and its values, which is largely reflected in the “adaptability” of representatives of the Thai business and corporate sphere when dealing with and doing business with their foreign partners. This influence… Read More »

Tanzania Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction In business dealings, it is possible to meet representatives of different communities in Tanzania, who have specific characteristics during business negotiations. These result from the different cultural traditions and mentality of the partners. Most trading partners often adapt their actions and behavior to the behavior… Read More »

Tajikistan Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Doing business with Tajikistan may be promising in the future, but it is necessary to take into account that it is one of the poorest countries in the world and entering this market is still (not only from the point of view of the culture… Read More »

Taiwan Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Taiwanese people have an enterprising approach to life, their generally accepted credo being “work hard and save hard.” In business culture, “face” is important, which is something like reputation, and gifts and expressions of willingness are earned, the essence of which is generosity. Visit Animalerts for… Read More »

Syria Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction The cultural and therefore the business environment in Syria is understandably very specific, shaped by completely different cultural patterns and historical experiences. Although many Syrian businessmen operate in a very modern, “Western” style, even with, for example, long-term business experience and stays in Europe and… Read More »

Switzerland Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Switzerland is a rich and very diverse country with one of the most advanced economies in the world. It is divided into 26 cantons, in which four official languages ​​are spoken. Thanks to their history and achievements, the Swiss are experienced and proud traders who… Read More »

Sweden Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction Understanding Swedish partners and making informed decisions with respect to the country’s cultural customs helps to conclude agreements between partners and also creates good relations between all parties involved. Visit Aparentingblog for more information about Sweden culture and traditions. Business etiquette is tied to the cultural… Read More »

Suriname Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction Due to the historical colonial heritage from the Netherlands, Suriname does not belong to the most culturally distant countries from the point of view of Czech companies. However, the export opportunities are small and the risk is high according to reliable sources. According to the… Read More »

Sudan Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public holidays Introduction The fundamental difference between Sudan and European states is the factor of Islam as the predominant religion and the basis of the country’s legal system (Sharia). Muslims are very sensitive to some manifestations of European behavior that offend their religious feelings. In this context, it… Read More »

Sri Lanka Culture of Business

Basic data Capital Colombo Population 21.56 crores Language Sinhala and Tamil Religion Buddhism (70.2%), Hinduism (12.6%), Islam (9.7%), Christianity (6.1%) State system Democratic Socialist Republic Head of State Gotabaya Rajapaksa Head of government Wounded Wickremesinghe Currency name Sri Lankan Rupee (LKR) Travel Time shift +4.30 a.m. (in summer +3.30 a.m.) ZÚ contacts Ambassador No Economic… Read More »

Spain Culture of Business

Subchapters: Introduction Addressing Business Meeting Communication Recommendations Public Holidays Introduction The culture of business negotiations in Spain has southern European characteristics. Visit Aparentingblog for more information about Spain culture and traditions. A personal approach, interpersonal relationships and ideally knowledge of the language (Spanish, for the younger generation English is possible) are important. In order to establish… Read More »

South Sudan Culture of Business

Basic data Capital Dzuba Population 1million Language English, indigenous languages, Arabic Religion Christianity, indigenous religions, Islam State system Federative presidential republic Head of State Salvo by Kiir Mayardit Head of government Riek Machar (1st Vice President) Currency name South Sudanese pound (SSP) Travel Time shift +1 hour (0 hour in summer) Economy 2021 Nominal GDP… Read More »