...The 20th century history of Vietnam was defined by conflict. Between periods of resistance to French colonization, fighting Japanese occupation in WWII, the war with the United States and regional conflicts involving Cambodia and China, Vietnam was left with little time for nation building. Recently, Vietnam has finally experienced an extended period of peace and is using this opportunity to emerge from obscurity and become a major player in the world economy. The nation of Vietnam, officially called the Socialist Republic of Vietnam, is located on the eastern side of the Indochina Peninsula in Southeast Asia. Vietnam is bordered to the north by People’s Republic of China, to the northwest by Laos, to the southwest by Cambodia and to the east by the South China Sea. Vietnam’s long coastline with the South China Sea is of strategic importance as this allows for significant control of this body of water (Burke, 2011). The location of Vietnam was also considered of vital importance during the Cold War. Many politicians and military officials believed that if Vietnam fell to the communists that a domino effect would begin and several other East Asian countries would become communist as well (Moise, 2011). This theory led to the Vietnam War which greatly impacted the history of Vietnam. This war, however, was but one chapter in the Vietnamese struggle for a unified and independent nation. At the beginning of the 20th century Vietnam was a French colony and been a part of French...
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...Name Course Name Date Current issues in Vietnam According to The Japan News, Vietnam has filed a legal suit that is aimed at opposing the Chinese claim on the waters that are off the coast of Vietnam. The Vietnamese prime minister said that the country is seeking for the appropriate time to file the motion (Army Times). Taking a legal action is the measure and reaction that the country aims at after a series of disputes between the owners of the waters of the two countries. There is tension and standoff between the two countries after China claimed to have the right to drill oil off the Vietnamese coast. Therefore, the area around the deep sea rig was to be cleared and left alone; warned the Chinese to the Vietnamese. There has been a series of disputes between China and its boarders. However, the recent stale with Vietnam has raised an alarm for a possible conflict between the countries. The Paracel Islands is where the China has placed an oil rig. However, current news indicate that four days ago, a Vietnamese boat collided with a Chinese ship and sank and this has ignited tension and founded grounds for Vietnam challenging the control of the island by the people’s republic of China. The challenge against China is not only from the Vietnamese, the legal framework follows a suit that was filed to the United Nations concerning the dominion of the China on the shoals of the Philippines coast. Based on this, the people of Vietnam are pressuring their prime minister to respond...
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...Nguyen company - one of the leading coffee companies in Vietnam with a prestigious brand name, famous history and high growth possibility the next few years. It is a need to explore the industrial performance, business Scope, company's strategies. I shall also base on economic conditions, and company's ability to forecast the direction that the company is taking in the future. Demonstrating on the strengths and weaknesses, hence find the way to maintain competitive among other traditional coffee shop models in the market. As for the first part of the report, I'll introduce more about Trung Nguyen cooperation, their history, their steps… Following by the analysis of their internal (BSD Model), external environments (PESTEL model), Use Five -Forces model of Competition, and SWOT… we will have a complete picture about the business situation of one of Vietnam's leading companies. History: Trung Nguyen has been in Vietnam since 1996, more than a decade passed and the company has been achieving a numerous of entrepreneurial prizes and recognitions from Vietnam government, Vietnamese Young Enterprise Association… Trung Nguyen now is recognized worldwide as the best coffee brand. Let take a closer look of Trung Nguyen steps: • 1996 – Trung Nguyen Coffee Company established Starting from 1996, Trung Nguyen was a small enterprise which processing coffee in Buon Me Thuot city, Daklak province, the largest coffee plantation in Vietnam. During the year, four young entrepreneurs (Trung Nguyen...
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...Vietnam Population Mix: * The population is surpassed only by Indonesia as Southeast Asia's most heavily populated country. However, Vietnam is the region's most ethnically homogenous country with the Vietnamese making up about 90% of the population. * 85% of Vietnam's ethnic-minority population belongs to indigenous groups - the largest of which are Thai and Hmong - who have been settled in the mountainous regions of the country for many centuries. * About 3% of the population is ethnic Chinese living in the urban centers of the South. * With an estimate 2014 population of 90,493,352, it is the 13th largest populated country in the world with a growth rate of 1%. * Population density is 272.4/kmsqr. * Vietnam's median age increased from 18.2 years (1980) to 28.5 years (2010). Its life expectancy increased from 58.9 years in 1980-1985 to74.3 years in 2005-2010. China and Thailand have the highest old-age dependency ratio (11 in 2010) while that of Vietnam is around 9. Current median age is 29.2 years. * Vietnam’s population is rapid aging and is going to be a new challenge.44.8% of the population lies in the 25-54 years age category. * 31% of the total population is urbanized with a rate of change of 3.03%. Ratio Percentage: Total dependency ratio: 41.3% Youth dependency ratio : 31.9% Elderly dependency ratio: 9.4% Potential dependency ratio: 10.6(2014 EST.) Provinces of Vietnam: * Vietnam is divided into 58 provinces and 5 municipalities existing...
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...BEO 1252 INTERNATIONAL BUSINESS CONTEXT Assignment: Research Report – Open wholly owned subsidiary in Vietnam. Name: Van Huan Tran. 3897340 Vo Long Dang. 3877636 Tat Tuan Ngo. 3904251 Executive Summary: This report was developing to open wholly owned subsidiary in Vietnam. To provide a complete analysis to make sure information, this report will explore the summary of the business environment as the economy, legal systems, and cultural issues, as well as the government of Vietnam. This report aims to present to the board of the new business environment, and provide robust justification of how appropriate it in Vietnam, and the evidence to support Vietnam's decision a suitable location for the establishment of the subsidiary. Table of Contents Executive Summary: 2 Introduction: 3 1 Business Environment: 3 1.1 Economic: 3 1.2 Political Factors: 4 1.3 Environment Factor: 4 1.4 Social Factors: 5 1.5 Technological Factor: 5 1.6 Basic Appeal for Wholly-Owned Subsidiary: Why choosing Vietnam? 6 2 Cultural Issue: 7 2.1 Hofstede Model: 7 2.2 Kluckhohn-Strodtbeck Model: 9 3 Government Promotion on FDI: 11 Recommendation: 12 Conclusion: 12 References: 13 Appendix: 15 Introduction: When the power of globalization, trade and international area has increased significantly over the years. The company has successfully established or have a strong foothold in the domestic market. However, in the aim of increasing expansion...
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...EFFECTS OF CLIMATE CHANGE ON THE ECONOMIC DEVELOPMENT OF VIET NAM Literature Review 3 I. General 3 1. Geographical location & Vietnam’s climate 3 a. Geographical location 3 b. Climate 3 2. Effects of geographical & climate on Vietnam’s economy: 6 a. Effects of geographical location to Vietnam’s economy: 6 II. Definition, causes and actual situation of Viet Nam under climate change 7 1. Definition of climate change 8 2. Causes of climate change: 8 a. Natural causes 8 b. Human causes 9 c. Greenhouse gases and their sources 9 3. Actual situation in Vietnam: 12 III. Impact of Climate change on Viet Nam economy 14 1. Impact of Climate change on economy in general: 14 2. Climate change directly affects every economic sector 15 a. Impacts of climate change on agriculture, forestry and fisheries 15 b. Impact of climate change on industry sector 20 c. .Impacts of climate change on tourism sector 20 d. Impacts of climate change in components of the economy. 22 IV. Policies to deal with problems caused by climate change 26 1. Opportunities 26 2. Meeting the Challenges of Climate Change 26 The Three Approaches in Brief: 27 References 35 Literature Review There are many studies that have examined the effects of climate change on Vietnam’s economy. The majority of findings stated that climate change have negative impacts on Vietnam’s economy and suggest possible adaptation or mitigation measures to lessen the adverse impacts. The economies of some countries...
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...The tourism industry in Vietnam ------------------------------------------------- Group 1 Nguyễn Trọng Nhật Nguyễn Đức Huy Lê Ngọc Dũng Vũ Phương Thảo Phạm Việt Anh Lê Đắc Linh ------------------------------------------------- Contents I. Introduction II. Using PESTEL to analyze opportunities and threats of Vietnam tourism industry 1. PESTEL: a. Political b. Economical c. Social d. Technological e. Environmental f. Legal 2. Opportunities and threats of Vietnamese tourism industry: a. Opportunities b. Threats III. Competitors: IV. Tourism is a high competitive industry: a. Some information about Hanoitourist Company b. The Competition V. Keys findings from the questionnaire: VI. Recommendation: 1. Product (Design a Tour) 2. Price 3. Place 4. Promotion 5. People (Human resources) VII. Conclusion: I. Introduction The tourism industry is a highly competitive industry. It requires the ability to constantly adapt to the needs and expectations of customers change, such as satisfaction, safety and comfort of customers. II. Use PESTEL to analyze opportunities and threats of industry tourism in 1. PESTEL analyzing a. Political _Tax policy: Reducing costs, anti-tax...
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...2015 is an expected year for Vietnamese people and for ASEAN community in general as The ASEAN Economic Community (AEC) is founded in this year. AEC shall promote the ties of ASEAN members and also expand the route to globalization of many developing countries. Besides the immense advantages AEC offers, there are undeniably threats and issues that face ASEAN members, Vietnam is not the exception. Many researchers concern AEC may have substantial consequences on Vietnam economy, especially employment Of all the key characteristics AEC visualizes, Vietnamese economic researchers emphasize the most on the integration from region to global economy, which means free labor trade among ASEAN members. This feature at first may seem to satisfy an amount of workers preferring a chance to work overseas, but the threats it offers should be seriously considered. The International Labor Organization announced productivity of Vietnam is among the lowest in the region. They demonstrate the result with valid statistics: Singaporean productivity is approximately eighteen times and Thailand productivity is three times higher than Vietnamese. This appalling outcome has proved the concerns are reasonable, and that Vietnamese people probably can’t utilize this chance to develop the labor. The fact that AEC takes place means there are more jobs offered by foreign companies. But if Vietnamese people can’t meet the standard qualifications those firms demand, it is obviously that high positions with...
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...Recently, Vietnam is attracting increasing interest from international investors as a promising emerging market. Some of the largest U.S. corporations such as Intel, IBM, Wells Fargo, Citigroup, to name a few, started to set foot in the country with confidence. However, investing in Vietnam still constitutes a conundrum for outsiders and horror stories have been told by former entrepreneurs who lost their fortunes and even almost lost their lives dealing with the Vietnamese Communist Party. Case in point: Trinh Vinh Binh, a Vietnamese Dutch investor who escaped from Vietnam and later sued the Vietnamese government for breach of contract and for confiscating his assets in Vietnam. The case was eventually settled for an undisclosed amount of award in 2007. The initial claim was $150 million (UNCTAD, 2007). The crucial question remains: “under the current market conditions, is it worth to invest in Vietnam?” S.W.O.T analysis Strengths. 1. A fairly large customer base of more than 86 million and growing at a rate of 1% annually. 60% of the population are young, born after 1975 and aspire to become a consumer society with higher standards of life. Wages in Vietnam are among the least expensive in all Asia. Vietnam has a high rate of literacy. 90.3% of the population aged 15 years and older are literate (CIA World Factbook, 2009). 2. Significant reserves of energy and mineral resources such as oil (Vietnam is ranked 33 worldwide among oil producing countries), bauxite...
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...UNILEVER’s STRATEGIES Global look and a case study in Vietnam UNILEVER’s STRATEGIES Global look and a case study in Vietnam Ha Noi, 23rd Dec, 2013 Ha Noi, 23rd Dec, 2013 LECTURER: Ngo Quy Nham (PhD.) Group Members: 1. Lê Hồng Ngọc Hân 2. Nguyễn Tài Minh 3. Trần Thị Tố Uyên 4. Phạm Thùy Dung 5. Nguyễn Quang Thái LECTURER: Ngo Quy Nham (PhD.) Group Members: 6. Lê Hồng Ngọc Hân 7. Nguyễn Tài Minh 8. Trần Thị Tố Uyên 9. Phạm Thùy Dung 10. Nguyễn Quang Thái Unilever is an Anglo-Dutch multi-national corporation, one of the world’s leading suppliers of fast moving consumer goods in branded home & personal care and food categories, operating in over 150 countries. In 2012, Unilever added nearly €5 billion of turnover, pushing through the €50 billion mark in the process. With more than 400 brands focused on health and wellbeing, Unilever touches so many people’s lives in so many different ways. There are more than 2 billion consumer worldwide use a product of Unilever on a given day. Its portfolio ranges from nutritionally balanced foods to indulgent ice creams, affordable soaps, luxurious shampoos and everyday household care products. Some world-leading brands of Unilever include Lipton, Knorr, Dove, Axe, Omo… For Unilever, sustainability is integral to how they do business. With 7 billion people on planet, the earth’s resources can be strained. They believes that as a business, they have a responsibility to their consumers and...
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...2.4 Technology Today, Internet gradually pervades Vietnam thanks to “the ease and low price of connection” (Nash et al.), as well as the social networks. In 2015, We Are Social revealed that approximately 44% of Vietnamese population accessed to the Internet; Moreover, up to 86% Internet users got into social websites (SocialTimesMe, 2015). Additionally, there also were over 5 million subscribers to cable TV which are mainly focused in Ho Chi Minh and Ha Noi cities, and this number is still growing (VTVCab). According to Heineken CMO Lesya Lysyj, “TV continues to be the first entry point to engage a vast majority of viewers”, and to follow the viewing habits Heineken must include channels like Discovery and History. Hence, the growing of cable TV, the expansion of Internet along with “the highest rates of increase in alcohol and beer consumption among 25 countries in the world” (Health Ministry, 2014) is obviously evident that Vietnam is a very potential market for Heineken to make their sales bigger. Ref http://www.medialink.com.vn/online-marketing/tong-quan-thi-truong-internet-viet-nam-2015.html http://www.ukessays.com/essays/economics/pestle-analysis-of-vietnam-economics-essay.php#ixzz40i0Hi2LG http://xahoithongtin.com.vn/vien-thong-cntt/201510/48-dan-so-viet-nam-su-dung-internet-505356/ http://www.broadcastingcable.com/news/advertising-and-marketing/moving-ads-theaters-web-tv-opens-their-world/52717 http://tuoitrenews.vn/business/22404/one-in-three-vietnamese-use-smartphone-tns...
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... |Marital Status : Single | |Hometown: Can Tho City |Languages |English (fluently) | |PART 2: EDUCATION AND TRAINING | |University of Economic HCMC |Major |Corporate Finance | |GPA |7.99 out of 10 |Month and year of Graduation |Jul 2012 | |Acadamy performance | |Year |Organization |Awards | |2011 |University of Economics HCMC |Getting honourable name: University of Economics HCMC "5 Good Student" in 2011. | | |...
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...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...
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...TNCs in developing countries: case of Vedan Vietnam 1. Overview of corporate environmental governance * The term ‘corporate environmental governance’ (‘CEG’) implies ‘a range of internal and external hard and soft rules, such as laws, regulations, policies, practices and social understandings, which shape and constrain corporate behaviour.’ * Factors driving and shaping corporate environmental behaviour: * Internal factors: unique resources, business strategies, organisation structure, business philosophy, etc. * External factors: * Legal pressure from legal stakeholders such as regulators, legislators, etc. * Social pressure from social stakeholders such as the neighbours, environmental activist organizations, etc. * Economic pressure from economic stakeholders such as consumers, investors, business partners, etc. 2. Vedan case 3.1. Background information of Vedan * Name: Vedan Vietnam Enterprise Corporation Limited (Vedan Vietnam), a company wholly owned by Taiwanese investors. * Year of establishment: 1991 in accordance with Investment Certificate No. 171/GP issued by the State Committee of Copperation and Investment on 08/-3/1991. * Location: Phuoc Thai Commune, Long Thanh district, Dong Nai Province, Viet Nam. * Principal activities: production of monosodium glutamate (MSG), lysine, and modified starch. * Business philosophy: “Taking roots in Vietnam- Developing long-term business”. Related to...
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...Vietnam has a population of 2,000,000 the population is made up of mainly Vietnamese and Ethnic Chinese. Other minorities include Khmer and Cham descendants that lived in central and southern Vietnam before it was conquered by the Vietnamese. There are a few Tribal groups in Vietnam that make up 7 percent of the population. Their ancestors came from other Asian countries and have settled in in Vietnam. The different ethnic groups get along for the most part, but the Vietnamese have hostility towards the Ethnic Chinese for having dominance in the national economy. 700,000 Vietnamese have entered the United States since 1975. According to the census bureau, 2011, the population for Asians in the United States is estimated at 18.2 million; of that 1.9 million are Vietnamese. States with the largest population of Vietnamese are California, Texas, Florida, Washington, Virginia, New York, and Massachusetts. Together these seven states have 65.7 percent of all Vietnamese born immigrants. California and New York have the largest of the population of Vietnamese; California with 5.8 million and New York with 1.8 million Vietnamese ethnicities. Vietnamese immigrants make up 3 percent of all the immigrants in the United States in 2006 (Census Bureau, 2006). Vietnamese are the fifth largest immigrant group in the United States. Of foreign-born Vietnamese 72.8 percent were naturalized U.S citizens. About two thirds were limited English proficient and 1.4 percent was unauthorized immigrants...
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