Country Report
As a worldwide company, the Australian manufacturer of solar panel is preparing to sell its products internationally to new markets. Selling products offshore can be seen to be very important strategic decision and choosing a country to which products are exported deems to be the most crucial factor that must be evaluated carefully. Among many potential markets examined, Vietnam is considered to be one of the most promising and profitable markets. However, before coming up with any final decision, it is necessary to have a deeper analysis about Vietnam. Therefore, a detail report including all risks and opportunities of Vietnam will be presented under different aspects such as economic, social, political and technological environments so that it will be a sound foundation for company to reach a rational and profitable decision.
In this report, three main parts will be presented and analysed. Firstly, an introduction will give general information about Vietnam. Following that, there will be a careful analysis about main risks and opportunities presented in Vietnam under different perspectives and the last part will be the conclusion and recommendation whether to choose Vietnam as a imported destination for solar panel products.
GENERAL INTRODUCTION ABOUT VIETNAM
Vietnam, also called Socialist Republic of Vietnam is a South Asian country with total area of 331.114 km2 and a population of 85.2 million people (Bureau of Eat Asian and Pacific Affairs, 2007). Developing from an agriculture country and a centrally – planned economy, Vietnam has overcome many obstacles and achieved considerable improvements in its economy as well as politics. Vietnam economy is now transformed to be a market – oriented with significant real growth in GDP of almost 8% over past few years and reached 8.3% in 2007 (Bureau of East Asian and Pacific Affairs, 2007). Many positive reforms have been enforced in attempt to turn Vietnam into an industrialised...
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