Group 3

TAN MIN YIE

B14091141
NG JIA HUI
1400009
SHIHO SUZUKI
B16030229
SONIA RAJAH
B14091180
TEOH HUI CHIN

BMI
RESEARCH
ANALYSIS

VIETNAM

ECONOMIC

VIETNAM

 GDP growth averaging 6.5% annually between

2000 and 2014
Asian Free Trade Area (AFTA)
beginning of 2015
the ASEAN Economic Community (AEC)
is to be established by the end of 2015.
Vietnam joining TPP(Trans-pacific
partnership)

OPPORTUNITIES
To boost exports
Traditional and mainstay exports
of Vietnam, textile is at the top,
followed by footwear, wood and
wood products, seafood with
exports turnover in 2012

CHALLENGES
Increasing pressure on market opening
competition
The opening degree of Vietnam's
economy is still low
some negative social consequences for
Vietnam
as
bankruptcies
and
unemployment in enterprises with weak
competitiveness
labor negotiation in working environment

Difficulties for some key export sectors

The barriers as technical regulations,
sanitary and phytosanitary or defense of
trade
Pressure of consolidating the legal
framework and the criteria according to
international standards
the legal system of Vietnam is less
developed
Vietnam's law is weak from the stage of
drafting
to
promulgation
and
enforcement

Political

VIETNAM

Geography of
Vietnam
Heart of Asia
Proximity to
other
Southeast
Asia
major
markets
The Gate to
entry
Southeast

Vietnam is one of the

most popular destinations
for expansion within the
ASEAN region
Population: 92.47 million
15th
(growth rate:
1.03%)
GDP (PPP, Intl US$):
336.2 billion 39th 153.5
billion (real ex rate)
Surface area: 331,210
sq.km 66th
Commercial hub: Ho Chi
Minh City

OPPORTUNITIES

Political stability
Government recognises the threat :
corruption
(opening up opportunities for more
trading activities)
Ratification of the Bilateral Trade
Agreement (BTA) between Vietnam

CHALLENGES

1.Government effectiveness and

transparency : Corruption, lack of
accountability and transparency,
impact the effectiveness of the
government.
2.Exchange rate and monetary
policy : Vietnam's fixed exchange
rate caused economic pressures.

3. Corruption and international

perceptions: Corruption (major
barrier to foreign investment.)
4. Social unrest : Reports of
social unrest periodically surface
in Vietnam, in particular labour
strikes, protests and land
disputes.

Legal And
Regulation

VIETNAM

 The legal system of Vietnam is based on

French civil law.
The legal system consist of constitution,
codes, law, decrees, decisions, circulars,
directives, and official letter, to some
extent.
All have the force of law passed by National
Assembly is referred to as such.
The National Assembly entrusted to the
government, the government issues

OPPORTUNITIES
New Law On Enterprise And On
Investment
Law on investment
a better
definition of a foreign investor, new
classification of investment type,
opening up of investment sectors
Law on enterprise new definition
of foreign investor

 Intellectual Property Rights

(IPR)
copyright and related rights
administrated by Copyright Office of
Vietnam. copyright
Industrial property rights
administrated by the National Office
of Intellectual Property.
patents, utility solutions, industrial
designs and trade marks
Rights to plant varieties
administrated by the Plant Variety

CHALLENGES
Corruption
Vietnam is the 112 least corrupt nation
out of 175 countries, according to the
2015 Corruption Perceptions Index
reported by Transparency Internationals
Corruption Perception Index (CPI).
Highest is 123 in 2007 and 2012
Lowest if 47 in 1997

Social And
Culture
Consideration

VIETNAM

OPPORTUNITY
Training and education, science and
technology
will meet requirements of the
countrys
modernization and industrialization.
Build up an advanced culture with
in-depth
national identities; advanced and
happy

CHALLENGES

Nonverbal communication
Negotiating

THANK
YOU