...Essay question: “What factors does a business manager need to consider when thinking about purchasing hardware or software?” I. INTRODUCTION: Nowadays, the knowledge-based economy is a main trend. So Information Technology has developed with excellent momentum and the computer made the important role in that place. The information system is a configuration of five components: Hardware, Software, Data, Personnel and Procedures, which can help businesses achieve their goals and objectives. Due to that, implementing or changing business systems/software is a huge step for businesses of any size. Whether they move up from basic business system or entry level accounting software, it is essential for business owners to do their research. Therefore, it is necessary for a business manager to consider many common factors when purchasing hardware or software. This essay will discuss key elements and information to make an effective decision of purchasing hardware/software. Firstly, it focuses on the key elements. Then, I will analyses the most important ones. II. MAIN FACTORS: Initially, what is the definition of hardware and software? Hardware is a comprehensive term and a collection of all of the physical elements of a computer. It contains of electronic components and store data according to instructions encoded in computer programs of software. The basic hardware categories are input, output, process and storage. Input devices are keyboard, mouse, UPC reader, microphone, or...
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...exchange rate 3 AUD/USD exchange rate 4 Analysis of historical macro factors 4 GDP 4 Interest rate 6 Inflation rate 7 Government Intervention 8 Commodity Price 9 Market view and forecasting 10 GDP 10 Interest Rate 10 Inflation Rate 11 Commodity Price 12 Trading strategy 12 Risk anticipation 13 Conclusion 13 References 13 Introduction Vietnam bank for industry and trade- Vietinbank was established in 1988, after the separate from the State Bank of Vietnam. Over more than 20 years of development and growth, Vietinbank is one of the largest commercial bank, holding key role in the current market in Vietnam. As a foreign exchange dealing team working for Vietinbank, in this report, we will first explain the behavior of two currency pair: AUD/USD and USD/VND from 2013 to 2014 by analyzing some historical macro factors that affect the foreign exchange rate during the period. And then we will explain the behavior of these exchange rates over the next six months, after that undertake foreign exchange trading strategies to achieve maximum profit for Vietinbank. Market past performance USD/VND exchange rate According to the graph, in the first three quarter of the year 2013, USD/VND rate flutuated significantly from 20,500 and then end up at 21,200 in August 2013. From August 2013 to May 2014, the rate remained constant at 21,100; however, there is some points dropped rapidly in this period. This rate slightly gone up to 21,300 in current time November...
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...3th July 2010 To whom it may concern, I am privileged to write this letter to you in support of my student – Ms Pham Huong Trang and her desire to apply for your postgraduate program. Trang was my former student in two courses: Macroeconomics 1 and 2 in the second grade at the Foreign Trade University. As a student, Trang has proved that she truly deserved the honour. Macroeconomics 1 and 2 are the courses that require students to have good background knowledge, critical thinking, and the ability to apply theories to practical cases. Trang has satisfied all those requirements. In class, she demonstrated a concentration on studies and always actively participated in learning activities. She always tried to find the solutions to the problems I asked, and frequently raised questions to improve understanding. In addition, Trang showed that she worked well in team and effectively co-operated with other members as it could be observed in her teams for “The relationship between inflation and unemployment in Vietnam” research projects. She was a really reliable and responsible student, who was always willing to contribute and to lead, with rare organisational skills and great commitment to teamwork. Being so humble, yet inquiring and very self-disciplined, Trang showed her well-organised and original work, be it home assignments, tests or class presentations and discussions. In addition, being her tutor in the university, I strongly recommend that Trang is an active member of the...
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...liable if they want to cash out, and it’s up to them to find a buyer. Nevertheless, you also lose some of your business control. Moreover, you can take a loan easily from the bank because not many people borrowing actually. However, banks normally require a lengthy and through application process before they will approve you for a loan. Especially in the case of small business, which are often fail, banks want more details about yours business plan before they are confident about lending you money. An issue to keep in mind is that interest rates and other terms can change during the repayment period, making the loan difficult to pay back. In the province of Da Nang city now has a lot of banking support for business loan such as Vietcombank, Vietinbank, Agribank and so on. One of the biggest advantages of borrowing money from acquaintances is that you likely to pay a lower interest rate than you could get at a bank or credit union. The acquaintances may be willing to negotiate favorable repayment terms for your new business loans. Another advantage of getting a loan from acquaintances is that you do not have to worry about a long and complicated loan application and approval...
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...level of non performing loans (NPL’s) in the Vietnamese banking system over the last 18 months. The ongoing commentary has been both absorbing and humorous. The first red flag was raised by ratings agency Fitch in August, 2011. At the time, reported system NPLs for Vietnamese banks was about 2.7 per cent. But, Fitch estimated that 13 per cent was a more realistic number. The State Bank governor acknowledged late last year that the real number was 8.82 per cent. We are in the middle of reporting season and the highest NPL number so far publicly reported by a Vietnamese bank is less than 4 per cent. The real number is subject to much debate. The recent purchase by Japanese super bank, Bank of Tokyo- Mitsubishi UFJ of 20 per cent of Vietinbank values it at nearly $4 billion, but with a market capitalisation of just $2.5 billion just prior to the transaction. It seems that the clouded NPL issue has not significantly affected valuations of some Vietnamese banks and the Vietnam long-term growth story remains at the front of minds for international investors. The single biggest question in the banking sector is how to deal with the current NPLs and I’m not going to comment any further on resolution of this issue in this article. The second biggest question is how to make sure that the NPL issue doesn’t repeat itself in the future, and this is the focus of the remainder of this article. Nearly all articles focus on an NPL cure or resolution while few have focused on prevention...
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...Describe your impression of the culture of an organization or group to which you have belonged or for which you have worked. Be sure to explain both the positive and negative aspects of the culture and the effect that it had on you as a person. Justify your answers with research, examples and reasoning. Along with the process of international economic integration, and business in general, as well as the Commercial Bank of Vietnam, including Vietnam Export Import Bank (EximBank), has been facing many challenges , especially when Vietnam became an official member of the world trade Organization (WTO). There is a general difficulty that commercial banking system Vietnam experience, there is not a lot of experience, lack of qualified personnel, and lack of staff to do work, although it is not among few people are trained from major universities... The question is that Eximbank need to be not left behind, to strive. The experience of our country as well as countries that economic development can’t be sustainable if based on cultural background. Within the scope of this article, please set up the solution to build and develop the corporate culture in the network. Need to create a business philosophy, philosophy of private enterprise This job is very important because it is the tool orientation and strategic management, as a means of education and human resource development of EximBank. Through understanding is known, the business philosophy of philosophy for personal and business...
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...Đề cương |Bài tập tương ứng |Ghi chú | | |Chương 1. Tổng quan về quản trị tài chính quốc tế |Analyze Samsung and FPT F/S to understand the |- Read Chapter 1, 2, 3 | |1.1. Môi trường tài chính quốc tế |differences of a global ICT company and a local ICT |(Madura) | |Khái niệm |company. |Students/Groups may be asked | |Các yếu tố cấu thành môi trường tài chính quốc tế | |to present in the class. | |Các yếu tố ảnh hưởng đến môi trường đầu tư quốc tế | | | |1.2. Quản trị tài chính quốc tế | |Teams in charge | |Các khái niệm |Câu hỏi thảo luận |Một nhóm trình bày, các nhóm | |Phân biệt quản trị tài chính quốc tế và quản trị tài chính nội địa |1.1. Theo bạn, SS tham gia vào thị trường VN theo lý |khác phản biện. | |Mục tiêu của quản trị tài chính quốc tế |thuyết nào? (đọc trang6-8, Ch1, Madura) | | ...
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...Financial Accounting Business Folio Task 1 (Team Assignment) DUE DATE: Your tutorial in week 4 If you do not hand in your business folio to your tutor at your tutorial in the specified week, then 2 marks per day will be deducted from the available marks for this Task. This 2-mark- deduction applies to all submissions after your tutorial time, even if still on the same day of your tutorial. Business folios will be only handed back at tutorials. It is your responsibility to attend the tutorials to submit and collect your business folio. You need to keep your marked Task 1 after you collect it from your tutor as you will need to submit it with your Task 2. Business Folio is a team assignment, submission of individual work is not accepted. It is your responsibility to find your team member, form into a group and conduct team work to develop your team working skills. Prior to commencing your assignment 1. You are required to form a team with one or two other students from your class (teams must consist of two or three students). Complete the team details (Pro Forma: Task 1A). All of your submitted tasks should be typed. Handwritten work is not eligible for submission. 2. Your team is to commence a new business; the form of ownership is to be a company. You will each contribute $200,000 cash and receive shares in the company to that value. There are conditions involved: • The business must be either a retail or wholesale business that appeals to you and...
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...Cracow University of Economics Money & Banking THE BANKING SYSTEM IN VIETNAM THE BANKING SYSTEM IN VIETNAM As one of fastest grown economies in Asia with annual economic growth rate around 5 to 7% (5.98% in 2011), almost 70% of Vietnamese inhabitants are in the working age from 15 to 64 years old,Vietnam’s economy has become an attractive market for investors worldwide as a tiger in South East Asia. Investing in Vietnam generally and in its financial market as well provides investors diverse benefited opportunities. That’s the reason why I chose the subject to give the readers some comprehensive information about this new – opened potential financial and banking system. 1. History of the Banking System in Vietnam The development of the Banking System in Vietnam has closely linked with its national history. Before the August Revolution 1945 Vietnam was under the French colonialists’ rules. The banking and credit systems was founded and protected by the French colonial Government through the Indochina Bank, which acted as both the central bank of the whole Indochinese region (Vietnam, Laos and Cambodia) and a commercial bank. After the establishment of the Democratic Republic of Vietnam in September 1945 the new elected Government attempted building a monetary and banking system independently from French. In the second Congress of the Vietnam Workers’ Party (February 1951) President Ho Chi Minh signed decree on establishment of the Vietnam National Bank (Ngân Hàng Quốc Gia Việt...
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...Corporate Bond Market in the Transition Economy of Vietnam, 1990-2010 VUONG, Quan-Hoang and TRAN, Tri Dung Corporate bond appeared early in 1992-1994 in Vietnamese capital markets. However, it is still not popular to both business sector and academic circle. This paper explores different dimensions of Vietnamese corporate bond market using a unique, and perhaps, most complete dataset. State not only intervenes in the bond markets with its powerful budget and policies but also competes directly with enterprises. The dominance of SOEs and large corporations also prevents SMEs from this debt financing vehicle. Whenever a convertible term is available, bondholders are more willing to accept lower fixed income payoff. But they would not likely stick to it. On one hand, prospective bondholders could value the holdings of equity when realized favorably ex ante. On the other hand, the applicable coupon rate for such bond could turn out negative inflationadjusted payoff when tight monetary policy is exercised and the corresponding equity holding turns out valueless, ex post. Given the weak primary market and virtually nonexistent secondary market, the corporate bond market in Vietnam reflects our perception of the relationshipbased and rent-seeking behavior in the financial markets. For the corporate bonds to really work, they critically need a higher level of liquidity to become truly tradable financial assets. JEL Classifications: G32, G38, O16 Keywords: Vietnam; Corporate Bond; Interest...
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...(K11404T) 02 • 05 • 07 • 10 • HỆ THỐNG NGÂN HÀNG phát triển bền vững 02 PHÁT TRIỂN BỀN VỮNG HỆ THỐNG NGÂN HÀNG Phải chăng “chữ Tâm kia mới bằng ba chữ Tài”? Sản phẩm tiền gửi – Vai trò trong giai đoạn hiện nay Đánh giá mức độ lành mạnh các Tổ chức tín dụng Việt Nam – Khung phân tích Camels có phải là sự lựa chọn hoàn hảo? Tỉ lệ an toàn vốn “CAR” – 1 từ, 3 chữ nhưng nhiều vấn đề 14 14 • 16 • 18 • 20 • bàn tròn sự kiện Phân tích kỹ thuật hai sàn chứng khoán Chuyện Lã Bất Vi ngày xưa và chuyện bán khống ngày nay Hiện tượng xuất siêu Đấu thầu vàng – Với nhiều điều thú vị 23 23 • 28 • 31 • 34 • 38 • 41 • lăng kính sinh viên Mô hình ước lượng rủi ro thị trường theo giá trị gặp rủi ro (E-VaR) theo Basel 2 tại Ngân hàng Vietinbank Hiệu quả mô hình quản lý vốn Nhà nước SCIC Cơ hội và thách thức của hệ thống...
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...Doing Business in Vietnam: 2009 Country Commercial Guide for U.S. Companies INTERNATIONAL COPYRIGHT, U.S. & FOREIGN COMMERCIAL SERVICE AND U.S. DEPARTMENT OF STATE, 2008. ALL RIGHTS RESERVED OUTSIDE OF THE UNITED STATES. • • • • • • • • • • Chapter 1: Doing Business In Vietnam Chapter 2: Political and Economic Environment Chapter 3: Selling U.S. Products and Services Chapter 4: Leading Sectors for U.S. Export and Investment Chapter 5: Trade Regulations and Standards Chapter 6: Investment Climate Chapter 7: Trade and Project Financing Chapter 8: Business Travel Chapter 9: Contacts, Market Research and Trade Events Chapter 10: Guide to Our Services 3/3/2009 Return to table of contents Chapter 1: Doing Business in Vietnam • • • • Market Overview Market Challenges Market Opportunities Market Entry Strategy Market Overview Return to top • Vietnam is a true emerging market, offering ground floor and growing opportunities for U.S. exporters and investors. Vietnam’s economic growth rate has been among the highest in the world in recent years, expanding annually at 7-8.5 percent, while industrial production has been growing at around 14-15 percent per year. Vietnam’s macroeconomic challenges and the global financial crisis dampened this growth in 2008 and will continue to do so in 2009. • In response to significant macroeconomic challenges, including high inflation and a large and growing current account deficit, the...
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...Ngân hàng Nhà nước tính tỷ giá trung tâm theo phương thức nào? Có 8 đồng tiền thế giới được đưa tham chiếu để tính tỷ giá trung tâm là: USD, EUR, NDT, Yên Nhật, Đô la Singapore, Won (Hàn Quốc), đô la Đài Loan, Bath (Thái Lan). Cách tính tỷ giá trung tâm của Ngân hàng Nhà nước (NHNN) theo cách điều hành tỷ giá mới được thực hiện dựa trên phương thức: Tỷ giá bình quân gia quyền trên thị trường ngoại tệ liên ngân hàng chốt vào giờ đóng cửa phiên ngày hôm trước; Trên thị trường quốc tế, lấy giá từ 7h sáng của ngày công bố, chốt lấy giao dịch gần nhất lúc gần 7h. “Sở dĩ NHNN lấy giá thế giới giao dịch gần nhất của lúc 7h ngày công bố vì trên thế giới thị trường tiền tệ không giống thị trường chứng khoán là đóng cửa xong nghỉ. Thực tế, trên thị trường tiền tệ khi ở thị trường châu Âu, giá EUR đóng cửa lúc khoảng 12h đêm của Việt Nam còn thị trường thị trường tài chính Mỹ ngừng giao dịch vào lúc 2h sáng theo giờ Việt Nam. Vì vậy, phải lấy bình quân gia quyền để tính vì nếu chỉ lấy giá lúc cuối giờ sẽ dẫn đến làm giá”, ông Bùi Quốc Dũng, Vụ trưởng Vụ Chính sách tiền tệ, NHNN, giải thích. Ông Dũng cho biết, với cách tính như vậy thì ra tỷ giá trung tâm ngày hôm nay là 21.896 đồng/USD. Sử dụng 8 đồng tiền thế giới để tính tỷ giá trung tâm Chiều nay, ngày 4/1, NHNN có cuộc họp báo giải thích về cách thức tính tỷ giá trung tâm theo cách điều hành mới. Theo đó, hàng ngày, NHNN sẽ công bố tỷ giá trung tâm trên website của mình. Ông Dũng cho biết trên thế giới có nhiều cách tính...
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...CORPORATE SOCIAL RESPONSIBILITY IN VIETNAM; A STUDY OF ITS IMPORTANCE BY PHAM THUY LY E0700048 i BACHELOR OF BUSINESS (ACCOUNTING) HONS HELP UNIVERSITY COLLEGE MARCH 2011 DECLARATION OF ORIGINALITY AND WORD COUNT I hereby declare that the graduation project is based on my original work except for quotations and citations which have been duly acknowledged. I also declare that it has not been previously or concurrently submitted for any other course/degree at Help University College or other institutions. The word count is 10,758 words. ii _____________________ Pham Thuy Ly 28 March, 2011 ACKNOWLEDGEMENT This project would not have been made possible without the assistance, support and encouragement of many people. I wish to take this opportunity to thank all the people who have helped me during the time of completing this study. I would like to express my deep gratitude to my supervisor Dr. Le Van Lien, International School, Vietnam National University Hanoi. He has kindly helped 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;...
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...May 5 Business Plan – Internet for Business 2012 Nguyen Minh Hoang Nguyen The Bao Doan Phuong Van Tran Thuy Vu Nguyen Duy Bien Dang Thi Diem Phuc Business Plan – Internet for Business RMIT International University Vietnam Bachelor of Commerce Program Subject Code: ISYS2110 Subject Name: INTERNET FOR BUSINESS Location & Campus (SGS or HN) where RMITVietnam you study: Title of Assignment: Group Assignment: E-Business Plan Student name& ID: Nguyen Minh Hoang : s3246594 Nguyen The Bao: s3230511 Team Apple Doan Phuong Van : s3231514 Tran Thuy Vu: s3233211 Nguyen Duy Bien : s3193002 Dang Thi Diem Phuc : s3222619 Teachers Name: Cherryl Narumon Group Number: 4 Assignment due date: 5th May 2012 Date of Submission: 5th May 2012 Number of pages including this one: 38 Word Count: 6500 Assignment Cover Page RMIT University | The A toy – Toy Rental Business 1 Business Plan – Internet for Business Contents Executive Summary ........................................................................................................................... 3 Introduction ...................................................................................................................................... 4 Business model ................................................................................................................................. 4 I. a. b. c. d. II. III. 1. a. a. 2. a. b. c. d. e. 3. Business Description ......................
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