...2.1.2 Economic development 3 2.2 Related literature: The role of FDI in economic development 3 2.2.1 The radical view of FDI 3 2.2.2 The positive view of FDI impact 4 2.3 The impact of economic development 5 3. Case of study: the impact of FDI in garment industry and automobile industry in Viet Nam 7 3.1 Overview of FDI in Vietnam 7 3.2 Garment industry 8 3.3 Tourism Industry 9 3.4 Assess the impact of FDI in Vietnamese economic development 10 4. Conclusion 11 References 14 Appendices 17 1. Introduction to the study Foreign direct investment (FDI) is a concept that has emerged in recent decades. It was born with the trend of globalization and become an interesting topic for economic researchers. The evidence is that there are a large number of studies on this field, including case studies in specific country and cross-country analyses, single-dimensional and multi-dimensional studies, examinations in single-sector and multi-sector. However, until now there are still some debates about the issues related to this concept. One of the noticeable discussions is the relationship between foreign direct investment and economic development. This paper, to some extent, will review these studies about the relationship between foreign direct investment and economic development. In specific, it aims to answer the question: Is foreign direct investment necessary for economic development...
Words: 3815 - Pages: 16
...Transition Opportunities and Challenges August 2012 © 2012 Asian Development Bank All rights reserved. Published in 2012. Printed in the Philippines. ISBN 978-92-9092-812-6 (Print), 978-92-9092-813-3 (PDF) Publication Stock No. RPT124850-2 Cataloging-in-Publication Data Asian Development Bank Myanmar in transition: Opportunities and challenges. Mandaluyong City, Philippines: Asian Development Bank, 2012. 1. Economic development. 2. Myanmar. I. Asian Development Bank. The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. ADB encourages printing or copying information exclusively for personal and noncommercial use with proper acknowledgment of ADB. Users are restricted from reselling, redistributing, or creating derivative works for commercial purposes without the express, written consent of ADB. In this report, “$” refers to US dollars unless otherwise specified. Asian Development Bank 6 ADB Avenue, Mandaluyong City 1550 Metro Manila, Philippines...
Words: 5104 - Pages: 21
...FDI in Vietnam Textile and Garment Industry INTRODUCTION 1. Rationale of the Seminar The trend of internationalization of economic life is getting stronger in the whole world, which requires each country to exploit its advantages and apply to their particular conditions. Internationalization is creating many opportunities and countless challenges to the prosperity of every country. We can confirm that no country can exist without participating in the process of regionalization and globalization. To have rapid development, the country's economy have to take full advantage of the efficiency of the Foreign direct investment, which most countries consider as the most effective way to engage in the global competitive economy and effectively exploit the comparative advantages of the country. Vietnam has also implemented innovative reform of economical management mechanism under the motto "Vietnam wants to be friends with all countries on the basis of equality and mutual benefit". The accomplishments that we achieved on economic development, in general, and Vietnam Textile and Garment Industry, in particular, are highly appreciated with the great contribution of foreign direct investment. Vietnam Textile and Garment became one of 10 key export sectors of the country (ranked second only to crude oil), contribute greatly to the country's industrialization and modernization. Therefore, a comprehensive study of theoretical issues, evaluation of the practical results achieved in order...
Words: 13965 - Pages: 56
...3 A. 1. FOREIGN DIRECT INVESTMENT TRENDS AND DEVELOPMENTS RECENT TRENDS IN FOREIGN DIRECT INVESTMENT INFLOWS AND OUTFLOWS Global trends 15 Following what seemed to be a swift recovery from the global financial crisis in 2010-2011, global foreign direct investment (FDI) inflows have again taken a downward turn. As the world economic recovery continues to be uncertain and fragile, global FDI inflows have declined by 18%, from $1.65 trillion in 2011 to $1.35 trillion in 2012. Inflows decreased both in developed and developing economies.16 However, while the majority of developed countries experienced a significant reduction in their FDI inflows, by 32% on average, those to developing economies remained relatively resilient, declining by only 4% on average. More importantly, for the first time developing economies alone absorbed more FDI than developed countries, accounting for 52% of global FDI inflows (figure 3.1). Asia-Pacific Trade and Investment Report 2013 FIGURE 3.1 1400 1200 Billions of United States dollars 1000 800 600 400 200 0 2003 Foreign direct investment inflows to developed and developing economies, 2003-2012 2004 2005 2006 2007 2008 2009 2010 2011 2012 Developed economies Developing economies Source: ESCAP calculations, based on UNCTADStat. FIGURE 3.2 2000 Billions of United States dollars 1800 1600 1400 1200 1000 800 600 400 200 0 2003 2004 2005 2006 Foreign direct investment outflows from developed...
Words: 7178 - Pages: 29
...must display the arguments and the diagrams to test validity. 1. Sustainable development becomes a challenge because we have conflicting needs. We want fresh, clean air to breathe but we also want to buy cars We want to conserve forests but we need trees to build houses We want to swim in clean waters but we need factories. Factories usually use water from rivers to power machinery or to cool down machinery a. How do we balance conflicting needs? b. What are the important steps that have to be undertaken to achieve the goals of sustainable development? c. What arguments could you present to the country’s leaders? Use good arguments to present your point of view. Use additional tools such as Venn diagram, truth table, chart, graphs to support your arguments. 2. Alternative sources of energy such as wind, solar, hydropower and biomass can be harnessed to meet Vietnam’s rapidly increasing demand for energy. While there has been some early success, deployment of renewable energy has not reached the country’s potentials yet a. Why is this happening? b. Provide solutions to the problems using at least 2 forms of Argument. c. Use additional tools such as Venn diagram, Truth table, chart, graphs to support your arguments. 3. Viet Nam is considered as one of the most vulnerable countries due to climate change and sea...
Words: 2157 - Pages: 9
...ASSIGNMENT COVER SHEET UNIVERSITY OF SUNDERLAND BA (HONS) BUSINESS MANAGEMENT Student ID: 149160146/1 | Student Name: La Gia QUy | Module Code: SIM335 | Module Name / Title: Contemporary Development In Business and Management | Centre / College: UTE Ho Chi Minh, Vietnam | Due Date: 9th October 2015 | Hand in Date: 9th October 2015 | Assignment Title: Report of British American Tobacco corporation about developing inViet Nam | Students Signature: (you must sign this declaring that it is all your own work and all sources of information have been referenced)La Gia Quy | Contemporary Developments in Business and Management (SIM337) Assessment weighted at 100% assessing all module learning outcomes. Activity: Prepare a management report of 3,500 to 4,000 words* on an organization within one of the following industry-sectors**: manufacture of alcoholic beverages manufacture of tobacco products, supply of electricity, supply of gas supply of water and/or sewage services or other waste disposal services. and which operates in at least two countries. [An organization profile must be included in your submission as “Appendix 1”.] This report should assess the impact of external business environmental factors on the organization and evaluate the organization’s position and responses. In the case of a large organization it is permissible to confine your report to part of the organization. An organization’s activities may range...
Words: 7199 - Pages: 29
...CONTENTS I. Introduction 3 Company background 3 History 3 Position 4 Vision 5 Mission 5 Goal 5 Management 5 II. Strategic Analysis 5 2.1 External analysis 5 2.1.1 PESTE 5 Political analysis 5 Economic analysis 7 Socio-cultural analysis 9 Technological analysis 10 Ecological analysis 12 2.1.2 5-force 2.2 Internal analysis 17 Value chain 17 2.3 SWOT 21 2.4 Options 24 2.5 Vietnam Airlines's doing 25 III. Recommendation 28 IV. Conclusion 30 V. Reference 30 Group members: * * 1. Đào Thị Mỹ Hạnh BABAIU13076 2. Park Do Hyun BABAUN13080 * 3. Nguyễn Thị Hoài BABAIU13090 * 4. Nguyễn Lê Phương Khanh BABAIU13107 * 5. Đỗ Thị Thanh Hoa BABAIU13089 I. Introduction. Nowadays, airlines industry is one of profitable businesses in the world. Both government and private enterprise are dominant in the industry. In Vietnam, aviation market is forecasted to be the world's 7th fastest-growing in 2013-2017 period. The Vietnam airlines industry stands a high chance of developing strongly, but there must be an investment in technology, infrastructure in order to reduce the cost as well. And Vietnam Airlines is a largest aviation brand name in Vietnam which has been wholly owned by government. In this report, we make some analyses to appreciate Vietnam Airlines exactly and realize suitable and unsuitable aspects. Company background Vietnamese...
Words: 9322 - Pages: 38
...Environmental Management and Sustainable Development in Vietnam Kenichi Nakagami As a result of the Asian currency crisis, wishful thinking about a future leading role of the East Asian economies in the world economy has lost momentum.The currency crisis has had a great impact on Vietnam,which adopts the ‘Doi Moi’ policy, and negative changes in regard to the outlook towards economic growth and foreign investment are becoming noticeable. However,since Vietnam joined ASEAN in 1995, improvement of hard and soft infrastructures, which contributes to Vietnam’s economic development,is well underway,and industrialization and urbanization are rapidly progressing. This has caused the gravitation of population towards cities, and the impoverished conditions of rural communities. The citizens are now facing the difficulty created by widening earning differentials between city and rural communities. The serious environmental pollution such as air pollution(CO2,SOx,NOx), waste disposal,and water pollution occurred in urban area. There is a need to work out a countermeasure to this situation, need for the sound economic development of Vietnam. It is necessary to perceive environmental and social effects precisely and to learn from the experience of environmental destruction in the Japanese economy which is described as “noneconomic mindedness of economy inconsiderate of environment” in order to achieve sustainable development. The objective of this paper is to grasp the relationship between...
Words: 7003 - Pages: 29
...me and supported me all the way through. I also would like to express my thank to Ms. Sumathi and Ms. Shenba, Help University College, who initiated the project and give so much instruction and support. Additionally, I also would like to extend my special thanks to managers, accountants, my friends, and other people who have help me to carry out the survey. I want to thank them for all their support, interest and valuable hints. PHAM THUY LY iii CORPORATE SOCIAL RESPONSIBILITY IN VIETNAM; A STUDY OF ITS IMPORTANCE By PHAM THUY LY March 2011 Supervisor: Dr. Le Van Lien ABSTRACT CSR is currently an important and necessary issue for everyone and business organizations in the world, as well as in Viet Nam. CSR concept has been developed for several decades in the world, but in Viet Nam, it is not popular for all people and companies. Especially, Vietnamese economy has been...
Words: 15301 - Pages: 62
...Of Business - University of Economics ho chi minh city | TRUNG NGUYEN 2014 ANNUAL MARKETING PLAN | GROUP 2 | 12/18/2013 | | | Group 2: Le Hoai Tram – Pham Thanh Tu – Tran Thi Hong Van | Table of Contents Executive Summary 3 I. Introduction 4 II. Situational analysis 4 1. PEST 4 2. Company analysis 6 3. Market Potential and Sales Forecast 8 4. Customer analysis 9 5. Competitor analysis 12 III. Marketing objectives 16 IV. Marketing strategy 16 1. Product: Coffee G7 16 2. Service: Trung Nguyen Coffee Chain 18 V. Supporting Marketing Programs 19 VI. Financial Projection 20 VII. Monitors and Controls 21 1. Sales force efficiency 21 2. Advertising efficiency 21 3. Sales promotion efficiency 21 4. Distribution efficiency 21 VIII. Contingency Plan 21 IX. Marketing Plan Timeline 22 Appendices 23 Reference 33 Executive Summary This report aims to propose marketing activities for Trung Nguyen Coffee in the year of 2014. The marketing plan includes (1) situational analysis, (2) marketing objectives, and (3) marketing strategies. First, situational analysis reveals that Trung Nguyen coffee is in the top 3 leaders in the industry with a market share of 38%, chasing after are Nescafe and Vinacafe with 27% and 31% respectively. It also shows that although the government has supported the development of coffee industry, some market volatility has had negative effects on Trung Nguyen’s performance...
Words: 6540 - Pages: 27
...of poverty in the Philippines Poverty in the Philippines: Causes, Constraints, and Opportunities comprehensively analyzes the causes of poverty and recommends ways to accelerate poverty reduction and achieve more inclusive growth. The report provides an overview of current government responses, strategies, and achievements in the fight against poverty and identifies and prioritizes future needs and interventions. The analysis is based on current literature and the latest available data, including the 2006 Family Income and Expenditure Survey. Other cause The incomplete land reform aiming at overthrowing the traditionally unequal agrarian society coupled with lack of support for farmers has been a long-lasting flaw in the governments’ development policies that can still massively reduce poverty in the Philippines. Thus, the role of the state remains central to redistribute more equally the wealth created in the country, in order to avoid leaving the poor behind. Supporting the extremely poor must be seen as a long-term investment and counterbalanced with future gains. However, mistrust in the government combined with corruption and/or incompetence makes the overall task much harder, even though it has led to the rise of militant movements that speak in favor of farmers to build fairer trade systems. In a strange way, another problem for the Philippines is that, in spite of having embraced liberalization and international organizations’ rules, they have now ended up less integrated...
Words: 1961 - Pages: 8
...General Motors (GM) is one of the world's largest automakers of its kind. The company was founded back in 1908 in Detroit, Michigan. The auto industry was devastated by a weakened US and global economy in 2007. The slowing economy landed GM in substantial financial trouble. Luckily, the US government devised a bailout plan, which allowed GM to continue operating business by avoiding bankruptcy. This financial bailout prompted for a new company structure, and new company leadership as well. The GM Company is massive, with its establishment in 34 countries and employees numbering about 244,500 from all around the world, including sales and services in about 140 countries. According to the statistics in 2008, GM has ranked as the largest automaker in the U.S and the second largest in the world. The General motor Group owns a series of world class car manufacturers which makes GM group indisputably the world’s biggest automobile entity. GM employs over 200,000 people in multiple regions of the world and does business in over 140 countries. (General Motors, 2010) The new proposed mission statement will be as follows: GM will become an industry leader, not a follower. Although GM's market share in the US has dropped it is still very much competitive at 26 percent. GM has a competitive advantage because it possesses and maintains a large global presence. They also have an increasing relationship within the Chinese market. Even with GM's recent decline, they still have the market share...
Words: 1548 - Pages: 7
...FINAL PROJECT CLIMATE CHANGE AND USE OF ENERGY 2012 Tomás Frías Orozco A01222872 Miguel Madrigal Hernandez A01222919 Pedro Morfin Carlos Giovanni Elizarraraz A01227576 Jorge Blass Coss y Leon Cervantes A01226870 Phase 1 1. Introduction • Energy The capacity or power to do work, such as the capacity to move an object by the application of force • Types of energy chemical energy - energy stored in fuel which is released when chemical reactions take place. kinetic energy - energy of a moving object. gravitational potential energy (GPE) - energy an object has due to its position . elastic (strain) potential energy - energy stored in an object that is being stretched. electrical energy - energy transferred by an electric current. thermal (heat) energy - energy of an object due to its temperature. nuclear energy - energy stored in an atom’s nucleus. light energy - energy transferred through waves and light particles . sound energy - energy transferred via sound waves. • Units used depending on their application * British Thermal Unit-Used in Heating and Cooling * Calorie-Science and Engineering (Raise the heat of water) * Food Calorie, Kilocalorie- Used in Nutrition * Joule-Science and Engineering – Electrical Current * Kilowatt Hour-Electrical Fields (Joule/Per second) * Therm- Home Heating Appliances(Heat) 2. Energy Problems • The distribution of the energy produced in the country, as is showed...
Words: 1899 - Pages: 8
...become more recognised as a major source of income. The international tourist destination has therefore come to occupy an important role for the country’s economic development. Concerning the fact that Cambodia is a Third World country the local community can be extremely vulnerable in relation to the consequences that international tourism can create. The project ChildSafe was formed by the organization Friends International as a consequence of the poor situation for street children. This project works to protect children from all sorts of abuse. This project has also developed information for the international tourist to take part of while visiting the country. This information provides guidelines concerning how to act as a responsible tourist. The aim of this study is consequently to investigate how international tourism can influence the social community in Cambodia. To limit the research the study will focus on the organization ChildSafe and their work to promote a sustainable social development. It will also focus on the Ministry of Tourism and their work and attitude towards the same issue. The result of the study shows that international tourism affects the social community in many ways, both positive and negative. International tourism can contribute to the community and create a sustainable social development if there is support, information, incentives or regulations for the tourists that interests them or controls them in a way that is beneficial for the ...
Words: 22498 - Pages: 90
...Topic: Systems thinking is critical in developing solution to sustainability challenges Name: Tutor: Introduction System thinking is an approach which focuses on how the issue on study interacts with other related issues and not merely isolating it. Over time, it has been used to address various complex issues (Banson et al. 2014, p.173). Wicked problems are one of these issues addressed by it in a successful way. It is also useful in solving recurring problems which prove difficult to solve. Basically it is composed of various parts which are related either directly or indirectly. They all entail processes which produce outputs from inputs. It is not only dynamic but also holistic and seeks to produce results of the complex problems. Systems thinking is the only critical way to solve complex issues impeding sustainability challenges and develop quality solutions. Since its conception in 1920 by Jan Smuts Holism, it has developed and solved many issues (Gharajedaghi p.2013 558). Pollution is a complex issue which is intertwined in different processes and impacts in diverse ways. Thus, the topic is significance in pursuing ways to help solve the pollution. Ocean pollution also referred to as marine pollution is a wicked problem which has been increasing in complexity day in day out. This is because of the increasing population growth which stands at 7.2 billion worldwide (Noga & Wolbring 2013 p.3615). The increased industry establishment is directly proportional to...
Words: 2407 - Pages: 10
