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Essay / Research Paper Abstract
A paper which considers the potential strengths and weaknesses of Vietnam from the point of view of a British investor, with reference to the country's integration into the global market and the extent of its recovery from the East Asian economic crisis of the 1990s. Bibliography lists 1 source.
Page Count:
4 pages (~225 words per page)
File: JL5_JLviet.rtf
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Unformatted sample text from the term paper:
opportunities in Vietnam which a British company might consider. These include foreign direct investment (FDI), trading, bidding, and cooperation. Recently, Vietnam instigated Build Operate Transfer, which is a new form
of investment that allows foreign businesses a greater degree of flexibility. There are numerous projects which are currently available to British corporate investors, so theoretically both large and small companies
can participate in investment. At present,
Vietnam needs urgently to improve its infrastructure, and therefore is seeking capital investment for this purpose. Consequently, opportunities for investment can be found in areas such as power and energy,
education and training, and environmental technologies. Clearly, this could productively be allied with the manufacture and export of electronic goods. Vietnam is rich in human capital, having a young and
mostly well-educated population forming a skilled labour pool. In addition, it has a large market for capital goods and long-term consumer goods.
However, as Tanikawa (2004) points out, any company which was considering investing in Vietnam would do
well to take a broad perspective not only on the countrys recent economic development but also the constraints which might affect its future growth. The country has over the past
ten years initiated a number of market reforms, such as privatisation, the relaxing of business legislation and opening up to foreign capital. Currently, according to government figures, the economy is
showing a healthy annual growth rate which outpaces many other Asian countries. Exports increased significantly over the past decade and the country is currently the second largest global exporter of
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