Viet Nam as an emerging market : Yet another rising Asian dragon
Nguyen, Huyen (2018)
Metropolia Ammattikorkeakoulu
2018
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201805026255
https://urn.fi/URN:NBN:fi:amk-201805026255
Tiivistelmä
The purpose of this thesis is to evaluate whether Viet Nam is categorized as an emerging market within the current of non-stop moving world economy. The famous BRICS have impressed the world economy for decades with their competitive growth speed and young potential markets. However, in this dissertation, the attention is drawn to a more South East region, where Viet Nam, located around the most important transportation hubs of the Asia-Pacific area, is bringing its image to another level economically and financially.
The first section debates on “emerging market” terminology, with a side input of “frontier market” understanding. From there, the discussion continues with Viet Nam - is this an emerging economy, or rather a frontier market? The first few chapters look into the features and characteristics that brought attention to Viet Nam as a market place with many attractive potentials.
Going forward, emerging markets are the ultimate destination for investment. Viet Nam, with growing population, has a relatively large market to tap, however is often locked in rural areas where at least half of the population reside. The chapter looks into the conditions of these areas and from that, concludes with the areas’ investment worth.
As it comes to the conclusion, the future outlook for Viet Nam can be assessed from the overall discussion and the current economic status, to which direction that Viet Nam is developing. Besides, what are the risks that the government should look into in order to maintain the attraction. All in all, as in every economy, the government is the most important body that impacts on the development factors. As one of the remained communist countries, it is not less complicated compared to other countries how the regulations are applied based on a mixture of socialistic and capitalistic ideology.
The first section debates on “emerging market” terminology, with a side input of “frontier market” understanding. From there, the discussion continues with Viet Nam - is this an emerging economy, or rather a frontier market? The first few chapters look into the features and characteristics that brought attention to Viet Nam as a market place with many attractive potentials.
Going forward, emerging markets are the ultimate destination for investment. Viet Nam, with growing population, has a relatively large market to tap, however is often locked in rural areas where at least half of the population reside. The chapter looks into the conditions of these areas and from that, concludes with the areas’ investment worth.
As it comes to the conclusion, the future outlook for Viet Nam can be assessed from the overall discussion and the current economic status, to which direction that Viet Nam is developing. Besides, what are the risks that the government should look into in order to maintain the attraction. All in all, as in every economy, the government is the most important body that impacts on the development factors. As one of the remained communist countries, it is not less complicated compared to other countries how the regulations are applied based on a mixture of socialistic and capitalistic ideology.