...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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...Case Analysis Mekong Corporation 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...
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...The Effects of Corruption and Economic Growth Cassandra Rogers Economics 523 Dr. David Dieterle Table of Contents Abstract……………………………………………………………………………………………3 Effects of Corruption on Economic Growth………………………………………………………4 Definition of Corruption..................................................................................................................4 Economic Rent…………………………………………………………………………….4 Bribery…………………………………………………………………………………….5 Trade Restrictions…………………………………………………………………………5 Is Corruption Good or Bad for an Economy………………………………………………………6 Low Levels of Corruption…………………………………………………………………6 Vietnam’s Economic Growth……………………………………………………..7 High Levels of Corruption………………………………………………………………...8 Conclusion………………………………………………………………………………………...8 References………………………………………………………………………………………..10 Abstract Corruption alone is not what fails an economy in growth. There are other factors to consider, such as, a weak and unstable government institution. Corruption can actually bypass these irregularities and possibly create growth in an economy. Studies show that there is no actual link between corruption and economic growth in “free” countries. In fact, low levels of corruption in free countries can be beneficial in economic growth. However, high levels of corruption can damage economic growth no matter the type of government institution or not. Effects of Corruption on Economic Growth If you ask citizens today, a great majority would probably...
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...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 Government of Vietnam (GVN) implemented a series of fiscal and monetary tightening measures in 2008 that were effective in stabilizing the Vietnamese Dong, cutting the trade deficit, and slowing inflation. As these measures were taking hold, the global economic outlook worsened in the fall of 2008. As a result, Vietnam now expects 6.5 percent GDP growth in 2009, but many...
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...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 Return to table of contents Chapter 1: Doing Business in Vietnam • • • • Market Overview Market Challenges Market Opportunities Market Entry Strategy Return to top Market Overview • 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 at an average about 7.2 percent per year during the period 2001-2010, while industrial production grew at an average of about 12 percent per year during the same period. Vietnam registered GDP growth rate of 6.7 percent in 2010 and was one of only a handful of countries around the world to experience such levels of economic growth. Moving forward, inflation remains a main risk to Vietnam’s economy, which the Government of Vietnam (GVN) is addressing by balancing growth targets with price stability measures. This challenge will not be easy to meet. Nevertheless, the GVN has confirmed its commitment to economic growth and is targeting 2011 GDP growth at 6.5 percent. The momentum and direction generated by the entry into force of the U.S.–Vietnam Bilateral Trade Agreement (BTA) in 2001 transformed the...
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...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 Nam). On 21st January 1960 the Vietnam National Bank was renamed as the State Bank of Vietnam (Ngân Hàng Nhà Nước Việt Nam). After the fall of Saigon and the capitulation of South Vietnam’s Governors the two parts Vietnamswere officially united...
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...VNCI Policy Paper # 3 Vietnam Competitiveness Initiative COMPETITION REVIEW OF THE VIETNAMESE TELECOM SECTOR June 2005 This publication was produced for review by the United States Agency for International Development (USAID). It was prepared by Nguyen Thanh Ha and Pham Quang Thanh of Vietbid Technology & Investment Consulting Center and Jacob Gullish of the VNCI with substantive technical input from John Davis of the USAID-funded STAR Vietnam Project. COMPETITION REVIEW OF THE VIETNAMESE TELECOM SECTOR Disclaimer The authors' views expressed in this publication do not necessarily reflect the views of the United States Agency for International Development or the United States Government. ACKNOWLEDGEMENTS This report was prepared by Nguyen Thanh Ha and Pham Quang Thanh of Vietbid and Jacob Gullish of the VNCI, with substantive technical input from John Davis of the USAID-funded STAR project. Following the completion of the first draft of the report, the results were disseminated at a public workshop hosted by the Central Institute for Economic Management on 10 November 2004. Feedback from this workshop was then incorporated into the final report. VNCI would like to thank Huynh Thanh Tung of Saigon Postel, Nguyen Manh Bang of VP Telecom and the other managers of the surveyed firms for their responsiveness to our questions and inquiries. Other acknowledgements include Steve Parker (STAR project) and Fred Burke (Baker and McKenzie) for their input and...
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...Kotabe, M., Ronkainen, I. A., & Czinkota, M. R. (2011). The Future of Global Business : A Reader. New York: Routledge In this book the discussion surrounds around new approaches and role to international marketing. The author goes into good detail on the competition from emerging markets, marketing mix, global sourcing, and supply chain management. The author makes the reader look deeper into how globalization has brought down trade and investment barriers and has basically connected the world into very far countries by the use of global supply chains and emerging markets. The author has also given a very basic look into how emerging market from developed economies such as Brazil, China, India, and Russia are emerging very quickly from fast economic growth. An experienced author in the field of Global marketing the book provides a very basic setting for research into global marketing. The author touches on main points and does not provide solid information for research into competition, marketing mix, global sourcing or supply chain management. Browne, S., Laird, S., & International Trade Center, (. (U.S.). (2011). The International Trade Centre : Export Impact for Good. New York, NY: Routledge. In this book the author attempts to discuss trade, growth, and competitive advantages and the value chain. The author emphasis that exports growth can be a major component of economic progress. The author tries to get the reader to understand the different stages of development...
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...Postal address: Institute of Social Studies P.O. Box 29776 2502 LT The Hague The Netherlands Kortenaerkade 12 2518 AX The Hague The Netherlands +31 70 426 0460 +31 70 426 0799 Location: Telephone: Fax: 2 Table of Content Chapter 1 INTRODUCTION 1.1 BACKGROUND AND STATEMENT OF THE PROBLEM The period 1980-1984 The period 1985-1989 The period 1990-2007 1.2 OBJECTIVE AND SCOPE OF THE PAPER 1.3 APPROACH OF THE PAPER AND DATA 1.4 STRUCTURE OF THE PAPER Chapter 2 THE THEORETICAL AND EMPERICAL FRAMEWORK 2.1 THEORETICAL CONSIDERATION 2.1.1 Demand-pull inflation 2.1.2 Cost-push inflation 2.2 APPLICABILITY OF THE THEORIES IN THE CASE OF VIETNAM 2.3 EMPERICAL EVIDENCES Chapter 3 ANALYSING INFLATION IN VIETNAM AN OVERVIEW OF VIETNAM’S ECONOMY FROM 1990-2007 VIETNAM’S INFLATION OVER THE PERIOD 1990-2007 3.1 INFLATION IN VIETNAM IN COMPARISON TO THAT OF THE WORLD 3.2 INFLATION INDICATORS AND SOME RELEVANT MACROECONOMIC 25 25 26 27 7 7 7 8 9 10 11 11 13 13 13 16 18 18 22 21 24 24 3.2.1 Broad money and inflation 3.2.2 Lending rate and inflation 3.2.3 Nominal exchange rate and inflation 3 3.2.4 Real GDP growth and inflation...
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...meet the needs of human beings but also to ensure the necessary environmental and resource conditions for future generations so that they can live better" [WCED, 1987]. The sustainable development of a society is judged by certain criteria in all three aspects: the economy, society and environment and natural resources. These criteria are different in countries which have different levels of development. In general, however, in order to obtain sustainable development, they must balance all three objectives: the economy, society and the environment. This is not easy for the development of economy and society of each country or community in general. To improve competitiveness and ensure sustainable development of every enterprise and Vietnam’s economy, in the next time, it is essential that Vietnamese textile enterprises improve executive CSR standards. Based on the analysis of the implementation of the CSR standards...
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...International Business UNILEVER COMPANY Individual Assignment Company overview: Unilever is a British–Dutch multinational customer merchandise company co-head quartered in Rotterdam, Netherlands, and London, United Kingdom. Its items incorporate sustenance, refreshments, cleaning operators and individual consideration items. It is the world's third-biggest shopper merchandise company measured by 2012 income, after Procter & Gamble and Nestlé. Unilever is the world's biggest maker of food spreads, for example, margarine. One of the most established multinational organizations; its items are accessible in around 190 countries. Unilever claims more than 400 brands, yet concentrates on 14 brands with offers of more than 1 billion. Unilever is sorted out into their fundamental divisions - Foods, Refreshment (drinks and frozen yogurt), Home Care, and Personal Care. It has innovative work offices in the United Kingdom, the Netherlands, China, India, and the United States. Unilever is a multinational consumer goods company. It recruits hundreds of valuable and skilled professionals in every country. Unilever items touch the lives of more than 2 billion individuals consistently – whether that is through feeling awesome in light of the fact that they've got gleaming hair and a splendid grin, keeping their homes new and clean, or by appreciating a some tea, fulfilling dinner or solid nibble. Unilever is a company has global impact on people’s life. It brings many benefits...
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... Prepared for: Mr. Pham Quoc Khanh (Lecturer) Banking Academy, Hanoi BTEC HND in Business (Finance) Prepared by: Pham Ho Viet – Vizo – F05C Submission Date: Number of words: Business Strategy Prepared for: Mr. Pham Quoc Khanh (Lecturer) Banking Academy, Hanoi BTEC HND in Business (Finance) Prepared by: Pham Ho Viet – Vizo – F05C Submission Date: Number of words: Table of Contents ACKNOWLEDGEMENT 2 1. 1 Explain strategic contexts and terminology 3 a. Nestle vision statement: 3 b. Nestle mission statement: 3 c. Objective: 4 d. Strategic intent 5 e. Core competencies: 5 f. Role of strategy for the company 5 g. How does the company create and implement strategy 5 Summary: 5 1. 2 Review the issues involved in strategic planning 6 a. The report chose the Objective 2 6 b. Set the target 6 c. Impact on managers: 7 1.3 Explain different planning techniques 7 A. BCG growth-share matrix 7 2.1 Produce an organisational audit for a given organisation 14 a. Limiting factors 14 b. Distinctive competencies 14 c. Product positions 15 d. Value-chain analysis 18 e. Organisation structure 19 f. MARKET AUDIT MATRIX 20 g. CUSTOMER AUDIT MATRIX 21 g. Strength and Weakness summary 23 2.2. Carry out an environmental audit for a given organisation 24 Micheal Porter’s five forces 27 Opportunities and threat summary 30 2.3. Explain the significance of stakeholder analysis 31 2.3.1: Identifying 31 2.3.2 ANALYZING (Stakeholder grid)...
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...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 to provide policy solutions to further improve the efficiency of foreign direct investment' operation in Vietnam's textile and garment are pressing issues today. 2. Objectives of the Seminar The purpose of this study is analyzing and assessing the status of foreign direct investment in Vietnam, in general, and textile sector, in particular, to see the achievements of activities of FDI for...
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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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...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, life expectancy, and other factors and are a perfect set of nations to examine and analyze in terms of the impact globalization has had on them from a political, economic, and social perspective. Hypothesis: There are many similarities and differences between present day India and Vietnam that indicate how the IMF policies and globalization may have impacted the two respective countries....
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