...rights violation in China and Google’s dilemma. Companies deal with ethical conflicts with China daily. Google Inc.’s struggled with ethical implications for doing business with China. The paper addresses the ethical problems that companies like Google, Inc. encountered that caused their decision to withdraw from China. The paper will show how Vietnam covered up corruption, freedom of speech, transparency, and supply chain ethical issues. Big companies continue to draw criticism for accommodating governments and compromise their ethical or moral standards. Companies have an enormous opportunity in China to make a bigger profit by doing business in China. The organization cannot assume that Chinese do business the same way Americans do. To do business in China a company has to follow government directives. Chinese want to do business with people they trust. Terms on contracts will not mean the same thing to them as they do to Americans. Chinese businesses do not feel they are bound to contracts. In America a company competes with 100’s of business but in China, you are competing with globally. Google Inc’s announce in Beijing their decision to withdraw from China after ethical implications of hacking into the privacy of Google’s users. Google had to limit the excess of information on the search engine in China. China does not hold to the same freedom of speech American do. Free speech advocates criticized Cisco Systems, inc. for selling equipment to China that blocks Web sites...
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...n-dinh-vinh-bac-bo-viet-nam-trung-quoc-94783.htm 9 http://www.tapchicongsan.org.vn/Home/PrintStory.aspx?distribution=9072&print=true 9 INTRODUCTION Negotiation is an important skill that can help you achieve your demand when you talk with someone about that. It’s a communicate process, trade off demand of both two parties, in order to a final agreement. Negotiations with international elements are called by international negotiations. In this assignment, we would like to introduce the international negotiation between Viet Nam and China about land border during 19 years. From this case, we will show negotiation skill and analysis it, what’s successful and what failure in the negotiation is. Through it we hope can have deep knowledge about negotiation skill especially are international negotiations. * OVERVIEW OF SITUATION 1. The parties and the circumstances that led to negotiations The parties include Viet Nam and China. Border region with topographic structure is relatively complex, large fragmentation; lower from the West to the East leading to river systems in here tends to flow from northwest to southeast, less value for water transport. Depending on the season,...
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...Name Course Name Date Current issues in Vietnam According to The Japan News, Vietnam has filed a legal suit that is aimed at opposing the Chinese claim on the waters that are off the coast of Vietnam. The Vietnamese prime minister said that the country is seeking for the appropriate time to file the motion (Army Times). Taking a legal action is the measure and reaction that the country aims at after a series of disputes between the owners of the waters of the two countries. There is tension and standoff between the two countries after China claimed to have the right to drill oil off the Vietnamese coast. Therefore, the area around the deep sea rig was to be cleared and left alone; warned the Chinese to the Vietnamese. There has been a series of disputes between China and its boarders. However, the recent stale with Vietnam has raised an alarm for a possible conflict between the countries. The Paracel Islands is where the China has placed an oil rig. However, current news indicate that four days ago, a Vietnamese boat collided with a Chinese ship and sank and this has ignited tension and founded grounds for Vietnam challenging the control of the island by the people’s republic of China. The challenge against China is not only from the Vietnamese, the legal framework follows a suit that was filed to the United Nations concerning the dominion of the China on the shoals of the Philippines coast. Based on this, the people of Vietnam are pressuring their prime minister to respond...
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...Located in Southeast Asia, the Socialist Republic of Vietnam is bordered to the north by the People’s Republic of China, to the west by Laos and Cambodia, and to the east and south by the South China Sea. The country is a mere 127,000 square miles but has a population of almost 86.2 million. The language is Vietnamese, and the principal religion Buddhism, although there are a number of small minorities, including Confucian, Christian (mainly Catholic), Caodist, Daoist, and Hoa Hao. In recent years, the country’s economy has been up and down, but average annual per capita income still is in the hundreds of dollars as the peasants remain very poor. One of the reasons that Vietnam has lagged behind its fast-developing neighbors in Southeast Asia, such as Thailand and Malaysia, is its isolation from the industrial West, and the United States in particular, because of the Vietnam War. From the mid-1970s, the country had close relations with the U.S.S.R., but the collapse of communism there forced the still-communist Vietnamese government to work on establishing stronger economic ties with other countries. The nation recently has worked out many of its problems with China, and today, the Chinese have become a useful economic ally. And Vietnam is well on its way in establishing a vigorous trading relationship with the United States. Efforts toward this end began over a decade ago, but because of lack of information concerning the many U.S. soldiers still unaccounted...
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...Economic Reforms in China and Vietnam: Two Differing (And Yet Similar) Paths China and Vietnam are currently two of the largest economies in Southeast Asia. Being neighbors, they share a lengthy history which includes periods of both cooperation and conflict. Their recent histories resemble each other in many ways – both China and Vietnam were colonized (though to different extents) in the period leading up to World War 2. During World War 2, both countries were occupied (though again to different extents) by the Japanese. In the wake of the war, communist insurgencies in both countries were ultimately successful in displacing non-communist regimes which received significant foreign assistance. Given the commonalities of their recent history, it would stand to reason that both countries would have similar experiences during both their Communist and reform periods. However, this has not always been the case. In this paper, I will argue that even though both China and Vietnam have made significant advances in liberalizing their economies, what they have accomplished is often blown out of proportion. In particular, the economies of both countries are still heavily controlled by their respective governments. Though they differ in some ways – for instance, Vietnam has done a better job of liberalizing its banking system than has China, and China’s economic growth has been marked by a steep increase in inequality which has not been seen in Vietnam, they are both fundamentally similar...
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...Term Paper Vietnam, a prominent future of US outsourcing and offshoring In the last decade, many major corporations and small companies in the United States relied heavily on outsourcing and offshoring to foreign countries such as Vietnam. According to U.S consultancy group, Vietnam ranks as one of the ten most attractive off shoring and outsourcing destinations in the world. IT companies are constantly under pressure to produce software products more efficiently within tight budgets. Vietnam’s outsourcing agenda was aimed to greatly reduce labor costs, manufacturing or production expenses, and administrative service fees. Vietnam has been viewed as a potential alternative for U.S companies seeking to establish a lower-cost manufacturing capacity. The increasing costs of labor in China and rising Chinese taxes on foreign enterprises has forced many U.S firms to expand its long-term operations in Vietnam. Within the last five years, Vietnam had become a more popular off shoring network than China and India. Vietnam has the second-highest gross domestic product growth after China and now the third-largest offshore network destination in Southeast Asia. The Vietnamese labor pool consisted of an estimated 80,000 plus IT graduates. More than half of Vietnam’s population is under 25 years of age, and 83 percent of all graduates are science-based. “More foreign direct investment means fewer programmers available. To cope, his firm has shifted some work to Vietnam…” (Economist 72)...
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...Chapter 4 Rapprochement and Normalization United States during the 1960’s • Vietnam war- US involvement in the War took place from 1965-1975 with over 536,100 troops stationed overseas. The Results of this war was withdrawal of American forces from Indochina and a Communist takeover of South Vietnam, Laos, and Cambodia. • Tet Offensive- Attacks that began on Vietnamese New Year 1968 that targeted military and civilians throughout South Vietnam. This was the turning point of the war and lead public opinion of the war in the US as unfavorable. • US draft- During the was 25% of United States Armed forces were draftees, with about 30% being combat deaths. • Many questioned US commitment to Vietnam with the cost of casualties, supplies, and...
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...Cheng Vang Global Finance Argosy University Assignment M8A1 This research paper is focus on Goodyear Tire and Rubber Company (Goodyear). The objective of this research paper is to determine if Goodyear should expand to Vietnam as a Foreign Direct Investment (FDI) or not. The research will focus on these areas: 1) Goodyear Financial 2) History of Goodyear 3) Principal of Business 4) The Country Vietnam a. History b. Economy d. Trade and Balance of Payments g. Intellectual property rights h. Work forces i. Currency exchange rate 5) Conclusion Goodyear is a US based company, which is traded on the New York Stock Exchange (symbol GT). They have more than 20,000 investors and employ about 72,000 people around the world. They are one of the world’s leading tire companies and second largest tire manufacturer in Europe behind Michelin. They have 55 plants in 22 countries and operate in most regions of the world. Goodyear Tire and Rubber Company was founded by Frank A. Seiberling in 1898. During the early stages of the company, rubber and cotton were the lifeblood of the organization. The wingfoot trademark of Goodyear was not known to the public until it was first advertised in 1901. In 1905, four years after Goodyear first advertised, they emerged into a tire manufacturer leader. In 1910, Goodyear became a multi-national company when it acquired foreign plant in Bowmanville...
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...ASSIGNMENT SWOT ANALYSIS IN INVESTMENT TARGETING: The case of Vietnam Instructor: Phạm Thị Mai Khanh (M.A., LL.M.) 1. LƯƠNG VĂN ĐẠT | 1211150027 | 2. BẠCH QUANG TRƯỜNG | 1217150149 | 3. NGUYỄN VĂN TÙNG | 1217150154 | 4. NGUYỄN VĂN TUẤN | 1211150151 | 5. NGUYỄN NHƯ NGUYÊN AN | 1214150006 | 6. NGUYỄN TIẾN ĐẠT | 1217150028 | 7. NGUYỄN MINH ĐỨC | 1214150034 | Hanoi, December 2014 Table of Contents ABSTRACT 4 I.Policy framework 5 1.Strengths 5 2.Opportunity 7 II.Economic factors 9 1.Strengths 9 2.Weaknesses 13 3.Threats 15 III.Business facilitation 19 1.Weaknesses 19 2.Opportunities 21 APPENDIX: Playing roles 23 I.Phase 1 23 II.Phase 2 24 III.Phase 3: Evaluating 31 IV.Phase 4: CONCLUSION 37 REFERENCE 39 list of figures Figure 1: Number of SOEs, 1992-2011 6 Figure 2: Vietnam ranked first for economic activity both sexes aged 25-29 amongst host countries in 2010 10 Figure 3: Monthly Wage Levels in Asia (US$) 15 Figure 4: Vietnam’s Private Sector Minimum Wage, 2008-2014, and 2015-2020 (est) 16 Figure 5: Global competitive Index 17 Figure 6: Main competitors of Vietnam in attracting foreign investment 18 List of tables Table 1: Regulatory Quality – Worldwide governance indicatiors (Percentage Rank (0-100) ). 6 Table 2:Vietnam's workforce by ecnomic component and by economic sectors,1990-2010 10 Table 3: Facts of Vietnam 2012 13 Table 4: Foreign equity ownership indexes (100 =...
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...In early 1950, the Truman administration decided to provide financial aid to the French military effort in Indochina in the hopes of containing the spread of communism throughout the world. Nationalist China had fallen and Communist China mobilized its troops on the Indochina border the pervious winter. Moreover, both the Soviet Union and Communist China acknowledged the Ho chi Minh regime as the presiding government of Vietnam. China also began to train and supply military weapons to the Viet Minh (Revolutionary League for the Independence of Vietnam), which was, at the time, developing into a major communist hotbed. Top U.S. officials informed the president that they would either have to support the legal government in Indochina or face the spread of communism in Southeast Asia. Ho Chi Minh, founder and president of the Democratic Republic of Vietnam, was a fervent revolutionary whose ultimate goal was independence for his country. [http://lcweb2.loc.gov/frd/cs/vietnam/vn04_01b.jpg] American officials were cognizant of the fact that only the complete decolonization of Indochina could establish a stable noncommunist force in the lands surrounding China. However, the American position to fulfill this objective was inadequate. The French were historically ill disposed to allowing Americans to meddle in their internal affairs. Furthermore, the French were paranoid that the United States had the intention to usurp their economic and political power in Indochina. Because...
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...unable to defeat communism in south-east Asia in the years 1965-1973. It is debated upon many reasons as to why this happened. The US may have lacked the will to win this battle, and so their loss was a result of this. More specifically, the US presidents, Lyndon B. Johnson and Richard Nixon have been thought to have been less enthusiastic uninvolved during the cold war. In addition, the US tactics were frowned upon, being said that they were not intelligently layer out, and so they were defeated. Also, the support of two very strong countries, China and USSR, backed north Vietnam a great deal. USA failed to win the hearts and minds of the north Vietnamese, also failing to understand the situation. Diem was an unpopular individual, Ho Chi Minh was a praised and trustworthy character for the Vietnamese. I will examine the factors resulting the loss for the US, and extract the reason behind it. The type of US soldiers sent to Vietnam to fight are a factor for the loss of USA’s loss of the war. A number of the front line troops were conscripts and not professional troops. They were young, usually from lower social groups and frequently from Americas minority groups. These troops were usually trained in conventional warfare whereas the Viet Cog used guerrilla tactics-hitting the enemy and then running away; not wearing a standard uniform; merging into village life with ease etc. This are it difficult for the young American troops to low who was the enemy and who they could trust...
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...Succeeding Eisenhower, President John F. Kennedy also had to uphold a high level of responsibility especially regarding Vietnam where communist China and Russia sought control. In the 19th century, France annexed Indo-China. However, during World War II, France was overrun and became occupied by the Japanese. Indochinese nationalists opposed to both Japan and France, and joined forces to create an independent movement called Vietminh. This movement was controlled by communists despite the objections of the nationalists. The movement was led by Moscow who trained Ho Chi Minh. After World War II, France promised independence to Laos, Cambodia, and Vietnam, three states under the Indochina regime; with the Vietminh movement proven to be independent without France’s offers, tension arose among communist China and democratic United States. This dispute led to the Geneva Conference: Truce for Indochina. The agreement stated that Laos and Cambodia will be independent and will observe neutrality in the cold war while Vietnam will be divided at the17th parallel – with the North under a Communist government in Hanoi, and the South under a French sponsored anti-communist government in Saigon. Then in mid-1956, the people of both the North and South will vote for a single all-Vietnam government. This agreement however, was not signed by the United States or South Vietnam. President Eisenhower still determined to...
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...USE CURRENCY POLICY TO RESTRAIN INFLATION IN VIETNAM UNDER THEORY OF IMPOSSIBLE THREES USE CURRENCY POLICY TO RESTRAIN INFLATION IN VIETNAM UNDER THEORY OF IMPOSSIBLE THREES ------------------------------------------------- VOL 108 05/2011 ------------------------------------------------- VOL 108 05/2011 MAGAZINE ON BANKING SCIENCE AND TRAINING MAGAZINE ON BANKING SCIENCE AND TRAINING INTERNATIONAL EXPERIENCE AND PRACTICE | REASON AND IMPACT OF INCREASE IN CHINESE YUAN VALUE OF CHINA NGUYEN XUAN HONGBanking Academy | | After much pressure on Chinese Yuan (CNY), China made decision on increase in their currency in 6/2010. How will this increase impact on relevant objects? This article aims to find reason and impacte of increase CNY value of Chine on Chinese economy and other countries, including Vietnam | be carefull on exchange rate policy to avoid impact on export. According to economic researcher , adjustment on CNY value may cause instability in Chinese economy due to encouraging investment, increasing independence of economy on external factor, especially when 50% of export comes from foreign-invested enterprises in current. This is contradiction that shall be considered when selecting exchange rate. | 1. CNY exchage rate development before and after increaseValue from 2005 to the date before 21/06/2010: CNY value increased due to application of margin transaction measure, holding CNY to USD rate at CNY=6.83 from 8/2007 | Besides achievement of economic...
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...Succeeding Eisenhower, President John F. Kennedy also had to uphold a high level of responsibility especially regarding Vietnam where communist China and Russia sought control. In the 19th century, France annexed Indo-China. However, during World War II, France was overrun and became occupied by the Japanese. Indochinese nationalists opposed to both Japan and France, and joined forces to create an independent movement called Vietminh. This movement was controlled by communists despite the objections of the nationalists. The movement was led by Moscow who trained Ho Chi Minh. After World War II, France promised independence to Laos, Cambodia, and Vietnam, three states under the Indochina regime; with the Vietminh movement proven to be independent without France’s offers, tension arose among communist China and democratic United States. This dispute led to the Geneva Conference: Truce for Indochina. The agreement stated that Laos and Cambodia will be independent and will observe neutrality in the cold war while Vietnam will be divided at the17th parallel – with the North under a Communist government in Hanoi, and the South under a French sponsored anti-communist government in Saigon. Then in mid-1956, the people of both the North and South will vote for a single all-Vietnam government. This agreement however, was not signed by the United States or South Vietnam. President Eisenhower still determined to...
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...3(a): For China : C=5,000,000+0.5Q AC=(5,000,000/Q)+0.5 AC=(5,000,000*N/360,000,000)+0.5 P=0.5+2/N In Equilibrium, AC=P. So (5,000,000*N/360,000,000)+0.5 = 0.5+2/N N/72 = 2/N N^2 = 144 N = 12 Substituting N = 12 into P=0.5+2/N, P=0.5+2/12 P= 0.667 If China and Japan do not trade, the equilibrium price of a bottle of water is 0.667 and the number of firms in China is 12. (b): For Japan: C=5,000,000+0.5Q AC=(5,000,000/Q)+0.5 AC=(5,000,000*N/62,500,000)+0.5 P=0.5+2/N In Equilibrium, AC=P. So (5,000,000*N/62,500,000)+0.5 = 0.5+2/N 2N/25 = 2/N 2N^2 = 50 N = 5 Substituting N = 5 into P=0.5+2/N, P=0.5+2/5 P= 0.9 If China and Japan do not trade, the equilibrium price of a bottle of water is 0.9 and the number of firms in Japan is 5. (c): Under the free trade: C=5,000,000+0.5Q AC=(5,000,000/Q)+0.5 AC=(5,000,000*N/360,000,000+62,500,000)+0.5 P=0.5+2/N In Equilibrium, AC=P. So (5,000,000*N/360,000,000+62,500,000)+0.5 = 0.5+2/N 2N/168 = 2/N 2N^2 = 338 N = 13 Substituting N = 13 into P=0.5+2/N, P=0.5+2/13 P= 0.654 If China and Japan can freely trade with each other, the equilibrium price of a bottle of water is 0.6654 and the number of firms in Japan is 13. With trade, there is an integrated market and it supports more firms, each producing at a larger scale and selling at a lower price. So the consumers are better off as they can have a wider range of choices. 5 (a) Demand for widgets...
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