Risk management is an important part of doing business in Vietnam as the country continues to integrate further into the global economy. While risk is an inevitable part of any business, properly managing risk is key to profitability and shareholder value. However, many businesses operating in Vietnam do not effectively manage risks such as political and regulatory risks, and risks of non-payment by partners. Conducting thorough due diligence on potential business partners through corporate intelligence investigation can help foreign investors understand partners and their businesses better to mitigate risks. As Vietnam works to recover from the global financial crisis, effective risk management will be important for businesses to withstand economic fluctuations and take advantage of growth opportunities.