EENI Global Business School

Business in Vietnam, Saigon. Vietnamese Economy

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Syllabus of the Subject

Vietnamese Foreign Trade. Saigon Port (Vietnam). Buddhism

  1. Introduction to Vietnam
  2. Business in Saigon
  3. Vietnamese Economy
    1. Doi Moi Reform
  4. International Trade of Vietnam
  5. Investment in Vietnam
  6. Case Study:
    1. Mobilfone
    2. Zamil Steel
  7. Access to the Vietnamese market
  8. Business Plan for Vietnam

Foreign Trade and Business in Vietnam

The objectives of the subject “International Trade and Business in Vietnam” are the following:

  1. To analyze the Vietnamese Economy and Global Trade
  2. To know the business opportunities in Vietnam
  3. To explore the Vietnamese trade relations with the country of the student
  4. To know the Vietnamese Trade Agreements
  5. To examine the profile of Vietnamese companies
  6. To develop a business plan for the Vietnamese market

Asia Masters, Doctorate (Global Business, Foreign Trade)

The Subject “Foreign Trade and Business in Vietnam” belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters adapted to Vietnam, Masters, International Business Trade Vietnamese students.

Course: Taoism, Confucianism & Business.

Languages: Masters, Doctorate, International Business, English (or Study Master Doctorate in International Business in Spanish Vietnam Study Doctorate in International Business in French Vietnam).

  1. Credits of the subject “Doing Business in Vietnam”: 2 ECTS Credits
  2. Duration: two weeks

Foreign Trade and Business in Southeast Asia (ASEAN)

International Trade and Business in Vietnam

Global Transport and Logistics

Market Access - Free Trade Agreements

Vietnamese Market Access and Trade Agreements:

  1. Vietnam and the Buddhist Economic Area
  2. ASEAN
    1. ASEAN Free-Trade Area
    2. ASEAN Economic Community
    3. Vietnam has trade agreements (as ASEAN Member) with Australia-New Zealand, Canada, China, India, the EU, Japan, Korea, Russia, the U.S., Pakistan
    4. Mekong River Commission
  3. APEC
  4. Regional Comprehensive Economic Association
  5. Agreement for Trans-Pacific Partnership
  6. Mekong Economic Cooperation
  7. Laos-Vietnam Trade Agreement
  8. UK-Vietnam Free Trade and Economic Integration Agreement
  9. EU-Vietnam Agreement
  10. Japan-Vietnam Agreement
  11. Eurasian Economic Union (EAEU)-Vietnam Agreement
  12. Russia-Vietnam Customs Union
  13. South Korea-Vietnam Agreement
  14. Chile-Vietnam Agreement
  15. Greater Mekong Subregion
  16. Global System of Trade Preferences

Mekong Economic Cooperation Strategy (ACMECS): Cambodia, Laos, Myanmar, Thailand, and Vietnam

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. Agreement on Sanitary and Phytosanitary Measures
    2. GATS
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. BIC
  4. Chicago Convention (ICAO)
  5. International Maritime Organization
  6. Organization for Cooperation between Railways (OSJD)

Asian Economic Institutions

  1. ESCAP
  2. Asian Development Bank
  3. Asia Cooperation Dialogue
  4. Boao Forum for Asia
  5. Africa-Asia Partnership

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF
  5. WCO
  6. PEEC

The Socialist Republic of Vietnam

  1. Vietnamese Population: 91.7 million people
  2. Capital of Vietnam: Hanoi
  3. Largest Vietnamese city: Ho Chi Minh City
  4. Official language of Vietnam: Vietnamese
  5. Main ethnic group of Vietnam: Kinh (86%)
  6. Type of Government: One-party Socialist state
  7. Independence of Vietnam: 1945 (from France)
  8. Vietnamese Area: 332,698 km²
  9. Borders of Vietnam: China, Cambodia, Indonesia, Laos, Malaysia, Thailand and the Philippines

Main religion in Vietnam: Mahayana Buddhism (80% of the total Vietnamese population).

  1. 8 million Vietnamese are followers of Cao Dai
  2. Confucianism and Taoism influence
  3. Catholicism: 6 million people
  4. Vietnam has not an official religion

Buddhism and Global Business

Taoism, Confucianism and Business

Vietnam belongs to the Buddhist / Sinic Civilization.

Vietnamese Economy.

  1. Vietnam will be the 21st largest economy in the World by 2025
  2. Vietnam is a Frontier Market
  3. Today, Vietnam is considered to be the less attractive market of the ASEAN-4 and China
  4. The GDP of Vietnam is only 3% of China, 24% of Thailand, 29% of Indonesia, 38% of Malaysia or 42% of the Philippines
  5. In 1986, Vietnam set up the “Doi Moi reform policy.” Thenceforth, Vietnam has seen spectacular modifications
  6. The old centrally-planned Economy of Vietnam was replaced by the new socialist-oriented market Economy
  7. The Vietnamese economy is based on a multi-sector model based on a market mechanism and state regulations
  8. Economy of Vietnam is 50% free (Heritage Foundation)
  9. Nominal Vietnamese GDP: 138 billion USD
    1. Agriculture: 19% of the GDP
    2. Industry: 38%
    3. Services: 42%
  10. Inflation (CPI) of Vietnam: 1.86%
  11. Vietnamese Currency: Dong (VND)

In 1993 was created Vietnam Mobile Telecom services Company is a a state-owned company under Vietnam Posts and telecommunications corporation. Vietnam Mobile Telecom has become the first mobile telephony services provider in the brand name MobiFone, marking the beginning momentum of the mobile telephony industry in Vietnam.

In 1997 was created Zamil Steel Vietnam Co., Ltd to design, manufacture and supply top quality pre-engineered steel buildings for use as factory buildings, warehouses, workshops, distribution centers...

International Trade and Business in Vietnam:
Vietnam Steel

Foreign Trade (Importing, Exporting)

Vietnamese Foreign Trade.

  1. Top Vietnamese exports products are crude oil, textiles, footwear, fisheries products, and electronics products
  2. Largest export markets of Vietnam are the U.S., Japan, China, Australia, and Singapore
  3. Main imports of Vietnam are machinery, refined petroleum, steel, and material for the textile industry
  4. Top Vietnamese import sources are China, Taiwan, Singapore, South Korea, Thailand, and Malaysia
  5. Saigon Port (port system of Vietnam Maritime sector) is the largest foreign trade port of Vietnam

Vietnam Customs

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