• Asia-Pacific Journal of Business Venturing and Entrepreneurship
• /
• v.16 no.4
• /
• pp.167-178
• /
• 2021

The purpose of this study is to analyze the direct investment decision factors in the Kaesong Industrial Complex and Vietnam, and to contribute to the creation of domestic jobs and the revitalization of the inter-Korean economy. According to the analysis, most of the Kaesong Industrial Complex and Vietnamese investment companies are entering the complex for the purpose of utilizing cheap labor, cheap factory locations, sales/development of local markets, and bypass export production bases in third countries. This can be divided into production-efficient investors using differences in production price such as labor costs and market-oriented investors to sell and expand the local market, which seems to be consistent with global direct investment patterns such as Nike, Apple, and Amazon. However, even if the North Korea-U.S. denuclearization talks ease or lift sanctions, Vietnamese investors' willingness to invest in the North Korea has been most burdened by the possibility of closing special economic zones due to political risks. Last but not least, it is important to note that those willing to invest in North Korea are mostly smaller enterprises in textiles, sewing, footwear and leather industries-those that benefit from low-cost labor. Since their size is small, they need policy support in financing, especially in the early stages of their business. Even after they grow past the early stages, those without collateral would still need state guarantee letters to get financing. Thus, it is worth considering to use the Inter-Korean Cooperation Fund to compensate commercial banks for bad loan loss or for low-interest loans for smaller SMEs. The interviews with SMEs found that red-tape is one of the biggest difficulties they face. Thus, it is recommended that a one-stop service agency should be established to cover all processes and issues related to inter-Korean economic cooperation to eliminate redundancy and expediate government support for SMEs.

• Management & Information Systems Review
• /
• v.36 no.3
• /
• pp.113-130
• /
• 2017

This study examines the effect of direct investment in Asia on firm value for nonfinancial firms listed on KRX between 2006 and 2015. We also explore whether the mediating effects of cashholdings the relationship between direct investment in Asian markets and corporate value. Recently, companies are increasing their cash holdings for risk management. Cashholdings are causing agent problems, which has a negative impact on corporate value. In this case, when the company conducts active investment activities such as foreign direct investment, it is possible to supply the appropriate funds in a timely manner, thereby cashholdings increase the possibility of success of foreign direct investment and alleviate the agent problem of cash holdings. For the analysis, the number of directly invested firms in Korean listed firms is used as the explanatory variables for the Chinese and Vietnamese markets where foreign direct investment is the most active, and cash holding is set as the moderating variable. As a result, direct investment in China and Vietnam showed a positive (+) relationship with firm value, and cashholdings have a positive the relationship between foreign direct investment and firma value. The implications of this paper are as follows. First, it is suggested that the direct value of direct investment can be enhanced the relationship between direct investment and firm value in Asia. In addition, it can be suggested that cash holdings play a role of effective investment supply in firms that implement foreign direct investment, positively affecting corporate value.

• Proceedings of the Korea Information Processing Society Conference
• /
• 2024.05a
• /
• pp.105-107
• /
• 2024

본 논문은 국내에서 개발된 의약품 유통 전용 이커머스 시스템을 AWS 클라우드 플랫폼을 사용하여 동남아시아 시장에 적용하기 위한 로컬라이징 연구를 수행하였다. 데이터 처리 속도 및 보안성을 향상시키고, 클라우드 기반의 시스템 최적화 방법을 탐구하였으며, 베트남 시장에서 테스트를 통해 그 효율성을 검증하였다. 로컬라이징 과정 중에 발생한 데이터 마이그레이션, 시스템 통합, 현지 시장 규정에 적응하는 등의 기술적 도전을 논의하며, 자동화된 데이터 복제 및 지역 간 규정 문제를 처리하기 위해 관리 서비스를 사용하는 솔루션을 구현하였다

• Journal of the Korean Geographical Society
• /
• v.31 no.4
• /
• pp.685-698
• /
• 1996

Southern Louisiana has one of the largest Vitnamese refrgee neighborhoods after the mid-1970s. It is impressive that one of their adaptive strategies comes from their religious lives which are centered on either Catholicism or Buddhism. The Buddhism community, especially, exhibits an exotic symbolic system of value and attitude, and thus contributes to cultural diversity in the adopted country. The landscape of the Buddhist temple is a visible symbol to them that the host socirty accepts their maintenance of their own cultural identity and that they are also an integral part of American society. Their making-place and being-in-place procedures, although their culture is being transformed in the original shape, put an emphasis on interaction with the host xociety. These procedures have been facilitated by consolidating their identity as a minority group as well as by interacting with the host society. The on-going influx of foreign immigrant groups seems not to drive them to assimilate into the melting-pot society, but to contribute to contribute to the increase in the cultural diversity of the United States.

• International Area Studies Review
• /
• v.13 no.3
• /
• pp.93-119
• /
• 2009

The purpose of this paper is to analyze the world rice market through structure and conduct frameworks utilizing annual data from 1970 to 2007. The world rice market has been unstable for much of the period post-World War II, with prices volatile and the availability of supplies uncertain. Therefore, analysis of the structure and conduct of the world rice market can provide information to better formulate the direction of future policies. Also, this paper will describe the effects of total production, export rice price, market concentration, and real exchange rate for exporting countries on total export rice volume. On basis of the expected results, the international rice market possesses market power with respects to static calculation and hypothesis test, and it will be demonstrated that exporting countries' currency crucially affects the exporting quantity and market power of those same exporting countries.

• Knowledge Management Research
• /
• v.9 no.4
• /
• pp.77-89
• /
• 2008

Vietnam is very attractive market to Korean firm. Because of changing consumer needs, competitive actions, or any other changes in Vietnam marketing environment over time, managers may need to reposition their brands through new marketing communication campaigns. For repositioning, core identity can be an important strategic objective for market managers. Using data from Vietnam, this research aims to determine core identity and to make repositioning plan with it and find considerable results.

• Product Safety
• /
• s.214
• /
• pp.54-55
• /
• 2011

지난 2001년 골드만삭스는 선진국 이후 세계 경제를 이끌어갈 새로운 성장동력으로 자리잡을 국가로 BRICs를 제시했다. IBRICs란 Brazil, Russia, India, China와 같은 신흥개발도상국을 뜻한다. 이후, 유망시장을 의미하는 신조어들이 많이 나왔었는데, HSBC은행이 작년에 제시한 CIVETS(시베츠) 국가가 최근에 각광을 받고 있다. CIVETS 국가는 Columbia(콜롬비아), Indonesia(인도네시아), Vietnam(베트남), Ezypt(이집트), Turkey(터키), South africa(남아프리카 공화국) 등 6개국을 뜻한다. 아직은 BRICs 국가들에 비해서 경제규모는 작지만 풍부한 젊은 인구, 빠른 경제성장을 바탕으로 BRICs 이후로 유망 국가로 부상하고 있는 국가들이다. 그럼 각 나라별로 어떤 특징을 갖고 있는지 살펴보기로 하자!

• Land and Housing Review
• /
• v.4 no.3
• /
• pp.225-234
• /
• 2013

The indices to choose the object countries for developing overseas industrial park were developed and applied in this paper. The results are showing as follows. First, the Korean enterprises are branched out into total 128 countries as of the first quarter of 2010, and the 13 asian countries including China, Vietnam, Japan, and Hongkong shows the majority of precedence 20 countries among the reported during 1980-2010. Second, the 3 steps of selecting the principal region to branch out, establishing assessment indices and criteria, and choosing strategical target counties were developed to choose the countries for developing overseas industrial park. The 38 of 128 countries were selected where the GDP per capita is lower than Korea, and the local reports of incorporation during 2007-2010 are more than 10 times. Then, the 10 countries were excluded where the minimum wages during 2008-2009 are similar to Korean ($815/month). Consequently, the 28 countries including China, Vietnam, and Cambodia etc. were selected as the major target regions. Third, the indices to choose countries for developing overseas industrial park are classified into 5 categories-investment condition, labor market flexibility, potential market demand, population, changing rate of the reported number of manufacturing industry, and detailed indices for each category were selected, then the weight were given with the consideration of importance. Finally, Indonesia, Mongolia, and Uzbekistan were selected as the strategical target counties where acquire the high score in labor market flexibility and investment condition, relatively undeveloped, and friendly to Korea.

• The Journal of the Korea Contents Association
• /
• v.14 no.6
• /
• pp.339-354
• /
• 2014

As Hallyu has been spreading and influencing on global pop culture, the Hallyu audiences respond more diverse to Hallyu. This research focuses on the importance of international co-production between Korea and the countries receiving Hallyu and highlights on the roles of global media companies. To do so, this research introduces the international co-production cases in Vietnam which can be the center of spreading Hallyu in Southeast Asia countries. The research resources are journal articles, newspapers, and the parts of the Focus Group Discussion in Vietnam. The international co-productions between Korea and the countries can provide the opportunity for diversifying Hallyu contents and for communicating with Hallyu receivers better. This research considers the development trends of Hallyu contents based on the cases of CJ E&M in Vietnam and emphasizes building cooperative relationships with Vietnam cultural industry. Furthermore, it is necessary to support the number of Korean media companies to create contents and build networks so that the companies can advance to global media market.

• Journal of Korea Port Economic Association
• /
• v.27 no.4
• /
• pp.207-218
• /
• 2011

This paper investigates the determinants of trade on Southeast Asia via Korean ports using monthly data. I employ Johansen cointegration methodology since the model must be stationary to avoid the spurious results. Johansen(1988) and Johansen and Juselius(1990) propose two statistics for testing the number of cointegrating vectors: the trace and maximum eigenvalue statistics. The null hypothesis that there is no cointegrating vector should be rejected at the 5% level. The results indicate that there is a long-run relationship between trade and variables. This also suggests that these variables have a meaningful equilibrium relationship between trade and variables would not move too far away from each other, displaying a comovement phenomenon for the export and import. Apparently, the error correction term reflects market information in a state of disequilibrium that is bound to be corrected when moving toward the long-run level.