Inflation in Vietnam and its effects on small and medium sized enterprises : case: An Thinh Investment Private Company
Trinh Anh, Khoa (2012)
Lahden ammattikorkeakoulu
2012
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201205107470
https://urn.fi/URN:NBN:fi:amk-201205107470
Tiivistelmä
This study is concerned with one of the most important issues of any economy, the inflation matter. In recent years, inflation in Vietnam has been under an upward trend. Inflation threatened Vietnamese economy twice within a short four year period. Not only the people but also enterprises are anxious about possible disadvantages caused by inflation. Among businesses, small and medium-sized enterprises (SMEs) are believed to suffer most severely from the escalation of prices.
The biggest problem of SMEs is the serious lack of information about difficulties they may confront during an inflationary period. The main aim of this thesis is to clarify the potential effects of inflation on SMEs. In order to achieve this goal, theoretical background of inflation, current context of inflation in Vietnam and information about the Case Company are studied.
The method used in this thesis is qualitative, with an inductive approach. In the theoretical framework, data are collected mostly from published sources such as books, articles and relevant studies. In the empirical part, data are collected from personal observation, Vietnamese government publications, journals and interviews with the director of the Case Company.
In the conclusion, implications of the findings and recommendations for further research are given. There are also several suggestions that managers of SMEs may apply to their own cases, in order to prevent negative impacts of inflation and limit the losses that may occur.
The biggest problem of SMEs is the serious lack of information about difficulties they may confront during an inflationary period. The main aim of this thesis is to clarify the potential effects of inflation on SMEs. In order to achieve this goal, theoretical background of inflation, current context of inflation in Vietnam and information about the Case Company are studied.
The method used in this thesis is qualitative, with an inductive approach. In the theoretical framework, data are collected mostly from published sources such as books, articles and relevant studies. In the empirical part, data are collected from personal observation, Vietnamese government publications, journals and interviews with the director of the Case Company.
In the conclusion, implications of the findings and recommendations for further research are given. There are also several suggestions that managers of SMEs may apply to their own cases, in order to prevent negative impacts of inflation and limit the losses that may occur.