Premium Essay

Vietnam Info

In:

Submitted By Timhu
Words 407
Pages 2
Review In this case, we can know about Vietnam is one of the most competitive garment exporting countries in the world today. Actually, we can find many clothes made from Vietnam. In my opinion, made in Vietnam is better than made in China. Besides, the salary of China’s employee is becoming higher than Vietnam. So, if the quality is better and the salary is lower, I think if I am an investor and the customer, I like the Vietnam more. By the way, the product of China is always rip-off; I really don’t trust the product anymore.
Garments are Vietnamese important and 2nd largest manufactured export items. Garment exports has grown rapidly since the late 80s and early 90s, and expanded dramatically in 2001. The Vietnamese textile and garment industry made significant achievements, thanks to the following mentioned factors and the political stability.
1.Good process equipment are important elements for a competitive textile industry, more important are technological skills and the knowledge which take time to acquire.
2.Two major factors which contribute to Vietnam’s remarkable performance: transition of central planning to an open‐market system and increasing integration between regions and countries.

Conclusion Although the garment is kind of labor intensive. It still needs people to develop a whole great strategy, like Vietnam. The country not only develop the garment well and become 2nd largest manufactured export items. Garment exports has grown rapidly since the late 80s and early 90s, and expanded dramatically in 2001.
The strength:
1. Abundant labor force, wages are relatively low.
2. Political stability, security is relatively good, there is no anti-Chinese troubles.
3. Officially joined the WTO, legal regulations have been improved towards a more transparent, and is based on time- Open services markets and cut tariffs on goods.

Similar Documents

Free Essay

What Is Infor Abot?

...The domain name info is a generic top-level domain (gTLD) in the Domain Name System (DNS) of the Internet. The name is derived from information indicating that the domain is intended for informative Internet resources, although registration requirements do not prescribe any theme orientation. The info TLD was a response to ICANN's highly publicized announcement[citation needed], in late 2000, of a phased release of seven new generic top-level domains. The event was the first addition of major gTLDs since the Domain Name System was developed in the 1980s. The seven new gTLDs, selected from over 180 proposals, were meant in part to take the pressure off the com domain.[1] The info domain has been the most successful of the seven new domain names, with over 5.2 million domain names in the registry as of April 2008. After the September 11, 2001 attacks in the United States, the Metropolitan Transportation Authority of New York switched to the easier to remember mta.info website to lead users to latest information on schedules and route changes on the area's transportation services. Even in 2013, a website, Current Score info, was formed to provide current score of Football and Cricket across India. ICANN and Afilias have also sealed an agreement for country names to be reserved by ICANN under resolution 01.92.[2] info is an unrestricted domain, meaning that anyone can obtain a second-level domain under info for any purpose, similar to the com, net or org domains. This is in contrast...

Words: 333 - Pages: 2

Premium Essay

Junior Trader

...HEAD OFFICE Level 5 & 6, AB Tower, 76 Le Lai St., Ben Thanh Ward, District 1, HCMC, Vietnam T: (+84 8) 3823 3299 THE BEST BROKERAGE FIRM AND BEST EQUITY RESEARCH TEAM IN VIETNAM Awarded by Finance Asia, Asiamoney, Institutional Investor and Thomson Reuters F: (+84 8) 3823 3301 W: www.hsc.com.vn E: info@hsc.com.vn RECRUITMENT NOTICE Company Overview Ho Chi Minh City Securities Corporation is a leading investment and financial services provider in Vietnam, servicing a comprehensive client base in one of Southeast Asia's fastest-growing economies and capital markets. Our clients comprise corporations, institutional investors, investment funds, government-owned companies, and individuals across different sectors, market segments and geographical locations. Our clients can consistently rely on our strengths in providing a vast array of integrated services which meet their financial and investment needs. To serve the company’s growth, we are looking for outstanding candidates for the following position at the Ho Chi Minh City Headquarters. Position: Junior Trader Key Responsibilities • • • Will start as an execution trading position Work with the senior traders to increase your understanding of the Vietnam stock Market Be given the responsibility to take positions on their own, managing their own risk Strategies for HSC. Job Requirements • • University graduate in Business, Finance or related disciplines 0-2 years (maximum) experience trading in stock markets...

Words: 405 - Pages: 2

Premium Essay

Huhyhuyhuy

...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...

Words: 3966 - Pages: 16

Premium Essay

Analysis Hung Vuong Group

...enterprises, we have a lot of methods, such as: Dividend Discount Model (DDM), price to earnings (PE) or market price to book value (PB)… Each method has its pros and cons. However, in this report, I will evaluate stock price in three methods: PE, PS and PB. In this report, there are three main parts: overview the foods industry and background of HVG, valuation of stock price and give some comment about these methods. II. OVERVIEW FOODS INDUSTRY AND HUNG VUONG JOINT STOCK COMPANY 1. Overview foods industry After becoming a member of WTO, Vietnam has more opportunities for foods industry. However, with the advantages, foods industry in Vietnam has also faced with a lot of challenges. Foods industry in Vietnam develops very quickly with two types: domestic foods and exported foods. With the local consumers, with the variety, there are a 1 NHUTHSB60381 VALUATION FINANCIAL MODELING INDIVIDUAL ASSIGNMENT lot of types of foods. Moreover, in fact, when Vietnam joined WTO and ASEAN, it promotes foods exported and agriculture and maritime products. In recent years, even though growth rate of foods industry is not high, mission and vision are established in the true way and changing in infrastructure. a. Strength Foods industry helps us increase production and GDP. It is also a sector which attracts a lot of foreign investors in recent years. There are some famous firms, such as: Unilever, Nestle and San Miguel. Besides, Vietnamese consumers, especially young people...

Words: 1838 - Pages: 8

Premium Essay

Marketing

...MASTER OF BUSINESS ADMINISTRATION MARKETING MANAGEMENT ASSIGNMENT ((( | | |TOPIC: | |SWOT ANALYSIS OF | |BURGER KING VIETNAM | | | | | | | | | | | | ...

Words: 3240 - Pages: 13

Free Essay

Vietmac Marketing - Rmit

...Marketing Plan Marketing Plan 2012 2012 Vu Phuong Anh – s3325156 Nguyen Thi Van Chi - s3373465 Nguyen Bao Hung – s3393103 Le Minh Thu - s3357569 Vu Phuong Anh – s3325156 Nguyen Thi Van Chi - s3373465 Nguyen Bao Hung – s3393103 Le Minh Thu - s3357569 Group 3 – Kieran Tierney Group 3 – Kieran Tierney TABLE OF CONTENTS EXECUTIVE SUMMARY 1 SITUATION ANALYSIS 2 I Introduction 2 1 Company description 2 2 Product description 2 II Marketing environment 2 1 Microenvironment 2 a Customer market 2 b Competitors analysis 3 c Publics 4 2 Macro environment 4 a Demographic environment 4 b Economic environment 5 c Natural environment 6 d Technological environment 6 SWOT ANALYSIS 8 OBJECTIVES 9 SEGMENTATION, TARGETING & POSITIONING 10 I Segmentation 10 II Targeting strategy 10 1 Segment size and growth 10 2 Segment structural attractiveness 10 3 Market targeting strategy 11 III Positioning strategy 11 1 Positioning map 11 2 Possible value differentiation 12 a Product differentiation 12 b Service differentiation 12 c Channel differentiation 12 d People differentiation 12 e Image differentiation 12 3 Chosen competitive advantages 12 4 Positioning statement 12 MARKETING MIX STRATEGIES 13 I Product strategy 13 1 Levels of product 13 2 Product life cycle 14 3 Brand development strategy 14 II Price strategy 15 1 General pricing approaches 15 2 New-product pricing...

Words: 7168 - Pages: 29

Premium Essay

How Did The Vietnam War Affect Us Foreign Policy

...The Vietnam war was like a disappearing act.It was this way in the sense that many American men were drafted into the war. Many people did not like this.It messed with many lives and businesses.The US was impacted a lot in the fact of why they had to help, the impact on society, and the impact on foreign policy. The US had no other choice than to join the war.The US made a promise to south Vietnam and kept that promise by helping build and defend south Vietnam. They also want to protect freedom and democracy. Protecting democracy for one country shows they really care about democracy and other countries.This is Why the US got involved in the Vietnam war. The Vietnam war hugely impacted the american society. There were many people from Vietnam staying in america which caused a few changes. The US had to put extra signs on buildings so the Vietnamese people could read them and know which building to enter. This influenced our signs for packaging today. We also had all our money going towards war and not society. This is how the Vietnam war affected the US. Also, the Vietnam war affected the US foreign policy. After the war, the foreign policy was left in disarray. The US had discredited the post war policy of containment. Then, undermined the consensus that supported it. This is how the war affected US foreign...

Words: 346 - Pages: 2

Premium Essay

How Did Ho Chi Minh Contribute To Communism

...Ho Chi Minh, an advocate for the freedom of Vietnam...and communism. Yea I don’t know how I’m supposed to feel about it either. My topic, Ho Chi Minh, was basically the sole reason that the Vietnam war happened, because of him trying to take leadership of Vietnam. Then, Ho Chi Minh, “He Who Enlightens”, became a symbol of Vietnam’s struggle for unification. Ho Chi Minh helped found the Indochinese Communist Party in the 1930s after he learned about Communism from studying in France(History.com/ Fitgerald, Brian). He then brought it back to his home country, Vietnam, with good intentions to spread his newfound political system. But America saw that as dangerous because Russia’s leading system, Communism, and at the current time America’s biggest enemy happened to be Russia. It’s kinda ironic that because America thinks of Ho Chi Minh as the enemy, even though his name means “He who enlightens”. Ho Chi Minh saw it has his goal to bring independence to Vietnam (NYtimes.com). But his idea of peace was to turn Vietnam into a communistic state. America didn’t think too fondly of that because they feared that Communism would take over the majority of all systems on earth. America took it in their own hands and went to Vietnam to stop Ho...

Words: 828 - Pages: 4

Free Essay

My Hometown

...I come from Quang Ninh, where is known as a name is land mines and tourist city. Do you know that, QN is a province that has the biggest source of coal in Viet Nam? We account for 90% of of Viet Nam’s coal. Beside, my hometown is also well-known because of having many places like Ha Long Bay, Cua Ong Temple, Yen Tu Pagoda, Bai Tho mountain and so on.They are famous tourist destination. Ha Long Bay has been twice recognized as a world natural heritage by UNESCO, is one of seven natural wonders of the world. If you come here, you should visit Thien Cung cave, Dau Go cave, Titop island,… They are somewhere that cann’t be missed when you go to visit HL Bay. The beaches are long and so beautiful, especially the beach is in Tuan Chau. The views are so wonderful if you see from a top of a mountain, or from a ship running on the sea. In addition, Mong Cai International border gate is also well-known. It’s not only a tourist destination but also a major and important commercial center. Because of being a coastal province, sea food is specialty of Quang Ninh. You can try some dishes are made from shrimps, crabs, abalones,… They are very delicious. And we have some other specialties such as nem chua, cakes nodded,… The people in my home town are very friendly and generous. If you go to Quang Ninh, I will introduce to you more and more about my...

Words: 259 - Pages: 2

Premium Essay

Cross Culture

...only the growth of economy but the improvement for tourism, hospitality and events as well. I would like to share some of my personal experiences of Australian culture since I first came to Sydney for studying advanced diploma 3 years ago. As a Vietnamese student, when I come to Sydney, this multi culture country is totally different from Vietnam. I have been living there for about 3 years, I realize that Australian people also known as Aussies are very friendly, polite and they are speaking English as their first language. The first thing I was shocked is the fact that some teenagers use 2 fingers to make “V” symbol with their tongue but it is not like “Victory” like in Vietnam or United States, it is a really bad meaning in sexual way. In Vietnam, when someone invites you to go out for dining, it means they will pay for you all or men pay for women. But in Sydney, people just pay for their own food or drink. It is a very independent way since they are educated to be like that at very early age. In Thanks Giving, Christmas or New Year public holidays, Aussies celebrate warm parties at home with a lot of food and beverage but in Vietnam, people tend to go...

Words: 1084 - Pages: 5

Premium Essay

Lalala

...Introduction Disneyland is a theme park where people enjoy entertainment; bring the family together, sporting, eating and shopping. Nowadays, Disneyland intends to open its operation in VietNam. This is a good chance but there are many risks that Disneyland will face when the market in Vietnam is difficult. There are risk management strategies that Disneyland develops such as: borrowing money from foreign bank to overcome interest rate risk, mange and understand clearly goals to reduce cost risk, business risk and training programs to improve skills for staffs in the job. Contents: * History/ Vision/ Mission * Environment( SWOT, PESTLE) * Identification of risk and Impacts * Ranking * Risk management strategy * Recommendation * Conclusion ( Reference) 1. About Disneyland The first Disneyland theme park was built in Anaheim California, USA on July 21, 1954 within 1 year. Disneyland is owned by The Walt Disney Company. The cost for building Disneyland is 17.5 million dollars. It had revenues 31.9 billion in 2005. Vision: The destination in South East Asia to creates happiness, memories and wonderful feeling and scene for Guest, Community and Cast. Mission: Vietnam Disneyland inspires happiness and delivery world-class experience through creativity, great leadership and a passionate Cast. 2. Environment analysis SWOT analysis Strengths | Weaknesses | _Foreign expertise._High resources (budget, development...

Words: 393 - Pages: 2

Free Essay

Ineffectiveness of Learning History in Vietnam

...1. Introduction In Vietnam, planning and conducting more effective learning and teaching strategies for History is considered as one of the most challenging task for educators (Mr. Truong Tan Sang 2012). The quality of teaching and learning History has stood low and even had tendency to get worse in the past few years. A report in Tuoi tre (July 26, 2011) revealed that the year 2011 witnessed an unprecedentedly disappointed result in History of the entrance exam, approximately 80-90% of candidates got the mark below five, in some extent, the figure even reached over 98%. This is a seriously alarming warning for Vietnam about the unacceptable quality of teaching and learning History. Although it is significantly crucial to do a research to figure out the effective ways of educating History, the number of studies about the methods of History teaching is relatively limited; in addition, all of them still have not provided enough necessary information (Mr. Truong Tan Sang 2012). Nevertheless, thanks to these studies, we at least have had an overview about what should be done to improve methods of teaching and learning History in Vietnam. According to Phan Ngoc Lien (2002) and Nguyen Thi Coi (2006), changing attitude, upgrading facilities and holding up training courses would be three crucial measures to improve the quality of History educating in Vietnam. The Ministry of Education has already implemented diverse campaign focusing on these measures such as textbook reforming and...

Words: 5356 - Pages: 22

Free Essay

Telestar

...Curriculum Vitae Ho Thi Thu Suong CAREER Objective: CUSTOMER SERVICE PERSONAL DETAIL Date of birth: June 20th 1990 Place of birth: Quang Nam Province Address: 44 Phan Tu Street, Ngu Hanh Son District, Da Nang city Mobile: 0973 936 890 Email : Hothithusuong90@gmail.com Health: Good Marital Status: Single SUMMARY OF QUALIFICATIONS • “ Bachelor of Business Administration” by Da Nang University of Economics • “ English communication” by Anh - Viet Center • “ Office computing” by Da Nang Education & Training Directory EDUCATION • 2008 – 2012 + Degree: Bachelor of Economics. + Major : Business Administration – Da Nang University of Economics RELEVANT EMPLOYMENT • Nov 2011 – Sep 2012: CITYSMART EDUCATION & TECHNOLOGY CORPORATION + Position: Sales Showroom o Introduce products to customers at showroom o Analyse customer data. o Connect with customers and create a good relationship to them. o Introduce products directly in schools, language centres ... o Organize events to introduce new products. o Make a report of showroom’s result and plans in future prospects. o Control inventories. + Key Achievement: o Team Contribution Award for reaching high result. • Sep 2012 – Sep 2013: NEW LIFE KOREA VIET NAM TRADE COMPANY + Position: Customer service o Get orders from stores and customers. o Prepare sales contract ...

Words: 416 - Pages: 2

Premium Essay

Pestle

...Task 1: - Type of consumer buying decisions: Routinised response behaviour - Purchase decision-making process: + Need/problem recognition: want to wake up when working or studying, feel thirdty, relax, communicate with friends, discuss about business work + Information search: mostly internal information. People choose a café based on their habits, memories or hobbies + Evaluation of alternatives: taste, quality, brand, places, services and price + The purchase decision: people decide to go to a café +Post-purchase evaluation: when people go to a café, they will be given a survey to evaluate about the café. Based on this, the owners will know customers satisfied or not. If they are satisfied, they will decide to go to the café again Task 2: Relative advantage: compare two coffees |  |Starbuck |Coffee Bean | |Quality |Better |Good | | | | | |Place |Big city |Big city | | | | | |Taste |most delicious in the world |suitable for everyone | | | | ...

Words: 993 - Pages: 4

Premium Essay

Sale Contract

...CONTRACT FOR SALE & PURCHASE OF USED RAILS Contract No. 47854234-133 Date: August,0 2 , 2011 COMPANY:   ANNUCAM INDUSTRIES LTD ADDRESS: HEAD OFFICE: P.O BOX 89, TIKO, SOUTH WEST PROVINCE- REPUBLIC OF CAMEROON Represented by: Mr James Assam Villa HEREINAFTER REFERRED TO AS  “SELLER” COMPANY: DNTN DONG TAM ADDRESS:2/5 NGUYEN VAN QUY STR, PHU THUAN WARD, DIST 7, HO CHI MINH CITY, VIET NAM COUNTRY:  VIET NAM Represented by: MR. NGUYEN XUAN TUNG, DIRECTOR. HEREINAFTER REFERRED TO AS  “BUYER” It is hereby agreed between the Buyer and the Seller, whereby the Buyer agrees to buy and the Seller agrees to sell the following materials within the following mentioned terms and conditions: 1.COMMODITY: USED RAIL R50. In lengths 3 meters. 2.QUALITY AND SPECIFICATIONS of Used rail:  2.1 Used Clean rail without slag, dross, trash, wood, plastic, oily parts, grease, alloy, prohibited goods, whole sets of machine and usable parts for machines, cast iron, motor turning blocks, engine blocks, war and explosive or armour plated materials, mud or wastes and maximum harmless impurities is less than 0.1%.   2.2  rail is without harmful impurities and totally free of any type of explosives, including, but not limited to bombs, arms, ammunitions, torpedoes, mines, shells, cartridges, sealed containers or tanks or envelops, gas cylinders, explosive materials, etc...

Words: 1490 - Pages: 6