...Introduction: India and Vietnam are both Asian countries who are quite similar in a number of aspects, and as such it is important to examine and analyze how globalization and other factors have had an impact on them from a social, political, and economic perspective. During the late part of the 20th century, the International Monetary Fund and other organizations collaborated with countries that were struggling economically and offered financial assistance and the creation and implementation of policies. Globalization has had a significant impact on countries around the world; both positive and negative outcomes have resulted from various factors pertaining to globalization. Revolutions such as the Arab Spring uprisings have been influenced by aspects of globalization, such as the changing political sphere and the unstable economic market. Furthermore, the revolutions are more successful in contemporary times as opposed to fifty or one hundred years ago because globalization has provided the world with many comforts, such as the convenience individuals possess in the usage of technology—namely social networking websites. Therefore, it is important to analyze and examine the social, political, and economic changes that have been brought about by globalization, the changing global-politics, as well as social and economic issues that may have caused by or formed after military conflict. India and Vietnam are two countries that are quite similar in terms of GPD per capita rates...
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...Stimulus package of Vietnam 2008-2010 Macroecocomics assignment Contents I. INTRODUCTION 1 II. CONTENT 3 1. THEORETICAL BASE OF THE STIMULUS PACKAGE 3 1.1. Definition 3 1.2. The origin and basis of stimulus package 3 1.3. The basic principles to implement stimulus policies 5 1.4. How to increase the AD in the economy? 6 2. ANALYSIS THE FACT OF VIETNAM 7 2.1. The Effects of the Global Crisis 7 2.2. The first demand stimulus package of Vietnam 10 2.3. The explicitness of the fiscal policy…………………………………………………....19 III. CONCLUSION 23 IV. REFERENCES 24 I. INTRODUCTION Since 2007, nations around the world experienced a series of major economic and financial problems. The events began with the financial crisis of 2007–2008, considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. It resulted in the threat of total collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world. In many areas, the housing market also suffered, resulting in evictions, foreclosures and prolonged unemployment. The crisis played a significant role in the failure of key businesses, declines in consumer wealth estimated in trillions of US dollars, and a downturn in economic activity leading to the 2008–2012 global recession and contributing to the European sovereign-debt crisis. Affected...
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...Contents Introduction 1 I. Structure of State Bank in Vietnam 2 1. History of State bank in Vietnam 2 2. Structure of State Bank in Vietnam 3 II. Operation of State Bank in Vietnam: 9 1. Monetary tools that State Bank use to moderate the Economics: 9 1.1. Open-market operation: 9 1.2. Discount, rediscount tool: 10 1.3. Required reserve: 11 1.4. Frame of interest rate 12 1.5. Selective credit control: 13 1.6. Imposing credit limit: 13 1.7. Supply fiat money: 13 2. How State Bank in Vietnam applied these tools in its activities ? 14 2.1. 2008 Monetary policies 14 2.2. Monetary policies in 2009 15 2.3. 2010 monetary policies 16 3. Comparison between State Bank of Vietnam and Federal Reserve (FED) 17 Conclusion 21 Reference 22 Introduction The State Bank of Vietnam is the central bank in Vietnam, which is a state agency management of currency in Vietnam. This is the agency responsible for issuing currency, managing monetary policy and advise the relevant currency for the government such as issuing currency, exchange rate policy, interest rate policy, management of foreign exchange reserves, the draft bill on banking and credit institutions, to consider the establishment of banks and credit institutions, management of state-owned commercial banks. Established in 1951 under the name National Bank and renamed in 1960, the State Bank of Vietnam has gradually grown and developed, contributing important role in building and...
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...reputation, and his public prestige, or the way he is viewed by the public. The power to persuade is defined as the president’s ability to convince others that his policies will benefit them. Since the president relies on so many other people, like congress, to get anything done, it is important for him to convince congress that his policies are for the greater good. The president’s professional reputation is equally as important, because he needs other people in the government as well as foreign governments to trust in his decision making. The more trust the president has from those within the United States government...
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...Canadian Involvement in the Vietnam War; Playing Both Sides. Although Canada “officially non-belligerent” in the war against Vietnam they were active and played a huge role for and against the war. It is a common belief that Canada’s position during the Vietnam War was strictly neutral but the government was more involved than many Canadians realize. The Canadian government aided the U.S by sending Medical equipment, providing technical assistance as well as diplomatic aid. In 1981, it was discovered that Canada had been secretly involved in testing U.S chemical warfare agents for Vietnam. The Canadian government also welcomed about 30,000 American war resisters and draft-dodgers who did not support the war across the Canadian borders; at the same time about 30,000 Canadians crossed the border to volunteer to help the U.S soldiers fight in Vietnam. Scholars like Jessica Squires spoke on The Canadian Anti-Draft Movement, which “was a network of groups in Canadian cities that actively supported the immigration of War resisters”. This Network was active from 1966-1973 and its activities were seen as a sort of resistance to the American War on Vietnam. At this time in the early 1970s there had been protests and demonstrations in Canada and various parts of the world, which denounced the war on Vietnam and the actions if the U.S Government and this Anti-Draft Movement was one of the ways Canadians were able to influence or oppose the Vietnam War. In 1966, Hans Sinn...
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...The Powerful Vietnam War and the Effect on American Foreign Policy In the United States’ history, many disputes have been escalated by our foreign policy’s role in international affairs. Because of the democratic beliefs and ideals we as a country hold , we often feel obligated to act as world leaders in aiding others in need leading to these disputes mentioned afore. One such war fought with this belief was the Vietnam War when the United States attempted to help the Vietnamese but ultimately ended up hurting themselves and worsening the war’s progress. The war’s severe implications revealed numerous areas of weaknesses in American society primarily with governmental policies. Specifically, this inevitable loss of the Vietnam...
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...EXECUTIVE SUMMARY Vietnam is a young country with the developing economy. To be a member of WTO (World Trade Organization), Vietnam can have many opportunities to develop more and more but it is also a challenge for this South East Asia country in the time changing from command economy to mixed economy. Established on 9th, April, 1995, through 15 years operating on home care products, personal care products and food, Unilever Vietnam has achieved a lot of success and be remarkable in Vietnam’s economy. Unilever Vietnam is evaluated as one of strongest foreign capital companies and has a huge contribution to Vietnam’s development and country’s economy. The important feature that guarantees its success is the close connection between the firm and Vietnam’s economy and the community. Furthermore, Unilever also has built and developed well relationships between medium and small internal enterprises even they are customers, suppliers or distributors. Over 15 years in Vietnam, Unilever is known as a firm not only brings the benefits to its own business but also contributing to the social’s development, especially with children and women by its meaningful activities. This project researches Unilever on this variety of aspect: * Identify the mission, values, and objectives and assess the influence of stakeholders of Unilever * Evaluate the extent to which Unilever achieves the objectives of three stakeholders * Identify the responsibilities of Unilever and strategies employed...
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...in the Vietnam Conflict was neither justifiable nor demonstrative of sound judgment by the American government. Many books, magazines, and other forms of commentary on the Vietnam War have surfaced in the half century since the war’s end. Historian and author Stanley Karnow suggests that such publications generally attempt to make sense of the horrific “war that nobody won” (Karnow 9). It is a subject that will continue endlessly to divide historians and others as they attempt to draw lessons from the conflict that might then be used to justify, condemn, or promote America’s involvement in modern day Vietnams. Because of the magnitude of complexities surrounding the war, some may find it difficult to formulate an unwavering opinion about the war’s causes and effects. According to Robert McNamara, who served as Secretary of Defense for Presidents Kennedy and Johnson, mankind has often struggled to find solutions to even simple problems related to the unification of values and ideologies spanning diverse cultures (McNamara 323). In order to fairly judge why the American government put our troops in the jungles, swamps, and fields of Vietnam, one might first closely examine why our government claims to have committed our troops to Vietnam. One of the reasons most adamantly advanced by our government to justify a full scale assault on the Vietcong of North Vietnam was an incident that is said to have occurred in the Gulf of Tonkin. The Gulf of Tonkin boarders Vietnam and was...
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...banked up in Circular Quay. The protester carried posters with anti-American slogans against the American policy in Vietnam written on it and photographs of Vietnamese civilian casualties while chanting slogans protesting the Vietnam war and handing out scores of leaflets. The demonstrators included members of the Communist Party, the Waterside Workers' Federation, the ALP youth body and the 'Save Our Sons' movement as well as university students. Next to police cars, 15 radio cars found their place in the demonstration to report about the movement to show their reports to the Australians on the television. The demonstration obviously was an anti-conscription movement, because the included organisation are popular for being...
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...1975, South Vietnam was under attack by the North Vietnamese (Document 3). The principle of the war was for Vietnam to decide between two types governments; Democracy or Communism. In the duration of the war, seventeen of the twenty years was fought by averse Americans. Yet, due to the insistence of the Executive Branch and the policy of Containment, the United States was conscripted into the war. This greatly impacted American foreign policy, and furthermore, the American society.United States involvement in the Vietnam War was based mostly on government insistence. United States President, Harry Truman, in his address to Congress about his Doctrine, claimed that "it must be the policy of the United States to support free people who are resisting attempted subjugation by armed...
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...environment in businesses operation; specific is research the different of economic system between organisations in different countries, PepsiCo (United State) and Techcombank (Viet Nam) is the choice to support my future investment decisions. II. Analysis 1. Understand the organizational purposes of businesses (LO1). 2.1. Identify the purposes of different types of organization We need to understand some elements that are the factors to evaluate power, potential of an organisation; consider the advantages and disadvantages in the context of the legal form, the different in size of organisation, identify level of activity of business, and definition ownership. a) Legal form: it is the kinds of business follow law of government, each business must have and obey a legal existence separate to build and...
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...Impact of US Foreign Policy on the Vietnam War The Vietnam War is one of the most talked about wars in history. It began in 1959 and did not end until 1975. These years saw protests, conflicts, casualties, and confusion for the United States, as well as the terms of three presidents: John F. Kennedy, Lyndon B. Johnson, and Richard Nixon. When U.S. involvement in the war began under Kennedy, it was originally put out as a plan for the United States to only aid the South Vietnamese, but, after his assassination, Johnson was put in charge. The path that the war took under Johnson was filled with controversy and large numbers of casualties. When Johnson did not run for a second term, Nixon was left in charge to ultimately turn things around. Soon, all of the American troops were removed from Vietnam, and the war slowly began to come to a close. But what was it about Nixon’s foreign policy that was so much more successful than Johnson’s? Was Nixon’s policy more closely related to Kennedy’s successful strategy than Johnson’s was, and, if so, why didn’t Johnson do a better job modeling his policy after Kennedy? These are all questions that political scientists still look at today as a way to solve the many questions that are still being posed about the war. I have looked deeply into these questions, and found answers through researching the history of Vietnam as well as the three presidents. As I read about each event that unfolded, it became clear to me why there were such...
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...International University 2013 VIETNAM FIXED INCOME MARKET Project for Fixed Income Securities course Hàn Khánh Phương Dương Khánh Ngọc Nguyễn Kim Ngân Nguyễn Phúc Trọng Phạm Lương Nữ Hoàng Table of Contents I. INTRODUCTION AND OVERVIEW THE VIETNAM FIXED INCOME MARKET 3 II. TIMELINE 4 III. VIETNAM’S PRIMARY MARKET AND SECONDARY MARKET 5 IV. STATE OF FIXED INCOME MARKET IN VIETNAM 6 I. INTRODUCTION AND OVERVIEW THE VIETNAM FIXED INCOME MARKET The bond market (also known as the credit, or fixed income market) is a financial market where participants can issue new debt, known as the primary market, or buy and sell debt securities, known as the Secondary market, usually in the form of bonds. The primary goal of the bond market is to provide a mechanism for long term funding of public and private expenditures. The "bond market" usually refers to the government bond market, because of its size, liquidity, relative lack of credit risk and, therefore, sensitivity to interest rates. Because of the inverse relationship between bond valuation and interest rates, the bond market is often used to indicate changes in interest rates or the shape of the yield curve. The yield curve is the measure of "cost of funding". The Securities Industry and Financial Markets Association (SIFMA) classify the broader bond market into five specific bond markets. * Corporate * Government & agency. * Municipal * Mortgage...
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...Political System THE HISTORY OF VIETNAM FROM NINETEENTH CENTURY The Nineteenth Century is the initial period of imperialism and colonialism Western capitalist countries. The French colonialists began the invasion in Vietnam through missionaries and trade. From the beginning, the resistance movements under the leadership of Vietnamese intellectuals revolted everywhere. Dong Du movement by Phan Boi Chau and Duy Tan movement by Phan Chau Trinh are two most prominent movement in that time, however, both of them are suppressed by the French. In 1930, Nguyen Ai Quoc, known as Ho Chi Minh coordinated the unification of the parties: the Indochinese Communist Party, Annamese Communist Party and the Indochinese Communist Union, into the Communist Party of Vietnam (CPV) with Tran Phu as the first Secretary General. In 1941, Nguyen Ai Quoc established the Viet Minh Front in northern Vietnam, and it fight for national independence. CPV headed by Nguyen Ai Quoc led the Vietnamese people and the Armed Propaganda Unit for National Liberation successfully led a general uprising to seize power, founded the Democratic Republic of Vietnam (DRV) on September 2, 1945. The globe-shaking victory of Dien Bien Phu in May 1954 put an end to the invasion the French colonialists and to the signing Geneva Agreement. In this period, Northern Vietnam named DRV, under the leadership of Ho Chi Minh, with Hanoi is the capital. South Vietnam named the Republic of Vietnam headed by Ngo Dinh Diem was established...
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...Mekong Auto, a Joint venture with a Japanese industrial group, is Vietnam’s oldest vehicle manufacturer, granted a license on June 22, 1991. It is the pioneer of the local auto industry. The joint venture faced substantial changes due to the changed plans by Vietnam government policies. Complication for foreign business also increased due to the membership of Vietnam in ASEAN (Association of South-East Asian Nations).Over the last thirty years, Vietnam evolved from “war after war” to an emerging economy with an attractive foreign investment policy and commitment to a liberalized economy. Poter’s Five Forces: Threat of new entrant In 1993, Vietnam government introduced new liberalizing reform, this action was taken due to the low e growth rates under centrally planned economy. Introduction of privatization eliminated trade barriers and Vietnam became open economy. This increased competition due to the new entrants in market. Many well-known automobile companies including Toyota, Chrysler, and Ford motors invested in Vietnam. Prior to this, Mekong motors were the only automobile industry in Vietnam. Prior to 1995, Vietnam motor corporation and Mekong corporation were the only automobile and truck assembler in Vietnam. Bargaining power of consumers Due to the new open economy, and resulting new entrants, consumers had more choices to buy. Also, Per capita income was also increasing and ASEAN trade agreements lead to competitive prices for consumers. Earlier Mekong was...
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