• Asian Journal for Public Opinion Research
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• v.3 no.1
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• pp.40-62
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• 2015

The main objective of this study was to investigate the awareness and perception of young professionals in Malaysia, Indonesia, and Vietnam countries on the ASEAN Economic Community (hereafter, AEC). Data from a survey of 575 young professionals, with approximately equal distribution from each country, were collected in June and July 2015. Research findings revealed that the knowledge and understanding of the AEC among the Gen Y professionals were still marginal. Although they lack awareness, young professionals had a good impression and perception of the AEC in connection with important benefits for them individually as well as for their country. Finally, the study revealed that the Gen Y professionals showed some level of optimistic attitude that they could succeed in the AEC as they thought that they were quite well prepared, having sufficient skills to work or to do business in other ASEAN countries.

• The Journal of Asian Finance, Economics and Business
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• v.8 no.8
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• pp.47-56
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• 2021

ASEAN Economic Community (AEC) was established in 2015 from 10 countries to realize the ultimate (adopted in 1997), which aimed to transform ASEAN into a stable, prosperous, and highly competitive region with equitable economic development, reduced poverty, and socioeconomic disparities. The purpose of this paper is to examine the effect of knowledge level on the AEC of Vietnamese small and medium enterprises (SMEs) in the textile and apparel industry towards attitudes, readiness, and performance. This study uses convenience sampling to get questionnaires from 150 SMEs in Hanoi, Vietnam. Then, the paper applies SPSS-AMOS 24 to process data. The empirical results show that AEC's implementation only has a small impact on improving SME performance. However, SMEs have adequate knowledge, attitude, and readiness about AEC. The structural modeling findings indicate that the knowledge factor has an indirect effect on SMEs' performance. This finding is to provide new insight into the roles of attitude and readiness in the case of Vietnam. These factors are needed to mediate the effect of attitudes and readiness in the relationship between knowledge and business performance, a framework strategy of business organizations, and can be used as a conceptual model to improve SMEs' performance.

• Journal of Construction Engineering and Project Management
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• v.6 no.1
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• pp.1-10
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• 2016

Issues in the construction industry of Cambodia in ASEAN Economic Community (AEC) is the main priority to be identified before identifying causing factors in order to find out recommendations, to improve this sector, and to survive in this community. Two major issues were identified from the literature review and the investigation, namely i) Long-term vision and its policy, and ii) practice culture. The total sample collected from concerned government officers and engineers in Cambodia were 463. Factor analysis was then conducted to find out the issues, and as the results, there are five issues in two main groups: (i) the Organization's vision and its skill, which consist of a vision of the organization, knowledge and skill, and less investmen in the construction sector; (ii) Knowledge and motivation towards the AEC, which consist of knowledge about the AEC, and level to promote organization for the AEC.

• The Journal of Asian Finance, Economics and Business
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• v.5 no.1
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• pp.43-52
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• 2018

This research aims to evaluate the current state of technology of enterprises in Vietnam in comparison with several countries in the AEC economic community, thereby to propose several recommendations to Vietnamese enterprises in order able to promote technology innovation activities, create competitiveness with enterprises in the region. Qualitative research methods are used through statistics and comparative descriptions from data collected from various sources: WEF, World Bank, CIEM, General Statistic Office. The study results show that Vietnamese enterprises still have many limitations in technology, originated from their small business scale (capital and labor), the current research capacity is still low, the funding for this activity is not high and the accessibility of the capital is still difficult. According to the Global Competitiveness Index, Vietnam's science and technology indexes are low compared to other AEC-developed countries including the availability of the latest technology; the acquisition of technology at the enterprise level; the capacity of improvement; quality of scientific research organizations..., which shall be a major barrier for Vietnamese enterprises to have to overcome to be able to create the competitiveness when entering the global market. From then on, the authors proposed solutions for two subjects, enterprises and government, to help Vietnamese enterprises to overcome this barrier.

• International Area Studies Review
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• v.21 no.4
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• pp.101-124
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• 2017

This study is to examine the current situation of the AEC (ASEAN Economic Community) and analyze macroeconomic situation of Vietnam since the launch of AEC. According to recent trade indicators, Vietnam is expected to be more productive in the manufacturing and processing sectors because it is at the heart of the global value chains (GVCs) in electronics, telephones, and textiles and shoes industry. Vietnam has signed or is negotiating free trade agreements with various countries around the world including Korea, Israel, EU and RCEP and so on. Therefore, it is expected that Vietnam's trade dependency and FDI inflows to Vietnam increase more and more. However, the fact that the proportion of exports by foreign-invested companies accounts for about 70% of the total exports implies the uncertainty of Vietnam's economy in the future. Attracting FDI investment can further reduce the competitiveness of domestic companies in Vietnam. Therefore, in order for Vietnam to maintain sustainable development in the future, it is necessary to reform the momentum of foreign-invested enterprises to the development of Vietnamese companies.

• The Southeast Asian review
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• v.27 no.1
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• pp.95-129
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• 2017

This study surveys and reviews political change, economic performance, and regional cooperation that were carried out in 2016 by Southeast Asian countries and ASEAN. This paper reports that what has followed the inauguration of new governments in Myanmar, the Philippines, Vietnam, and Laos fails to live up to the expectation and optimism that arose in the aftermath of elections and party congresses that took place in the first half of the year. In other countries such as Malaysia, Thailand, and Cambodia, where authoritarian regimes are faced with strong oppositions, the prospects for democratic change worsened to a substantial degree, as schisms and internal strives complicated the opposition camp as a result of instigation and intervention by the authoritarian leaders and their followers. In stable political systems, both democratic and authoritarian, no significant changes that may entail serious political implications were noticed. In 2016, the national economy of almost each and every country continued its slow but steady recovery that had started in 2014 and grew by 5% on the average. For 2017 onward, however, the earlier optimism that it would grow at least as fast dimmed down as uncertainty about the world economy looms larger due to the unexpected win by Donald Trump as U.S. president and the expected 'hard landing' of the Chinese economy around 2018. ASEAN declared the launch of the ASEAN Economic Community (AEC) only one day before the New Year, but its track record looked already bad and unpromising by the end of 2016. ASEAN leaders were tied up by their domestic politics and affairs too tightly to take time off to work seriously to observe the schedule as laid out in the AEC Blueprint 2025. Korea's relationship with Southeast Asian countries and ASEAN was "as good as it gets" in 2016 as ever but could become subject to tough review in the near future, if the Ministry of Foreign Affairs is found out to have been implicated in the ongoing Choi Sun Sil scandal and if the opposition wins the next presidential election to be held by this year.

• International Commerce and Information Review
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• v.16 no.2
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• pp.3-22
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• 2014

View of the recent expansion of ASEAN, Korea must take some measure to cope with them. This paper is aim for suggesting on commercial cooperation between Korea and ASEAN through transition of ASEAN. Generally speaking Southeast Asia can be divided into mainland Southeast Asia and maritime Southeast Asia. ASEAN is association Southeast Asian nations. Korea has been a dialogue partner of ASEAN since 1991, and through the ASEAN plus three try to come true East Asian cooperation. but the level of public awareness of Korea in ASEAN remains very low to compare with China and Japan. Korea and ASEAN have not become the closest of friends in East Asian even though the two are good commercial partners. Korean ODA for ASEAN must be linked with Korean firm's trade and investment for ASEAN to show synergy effect. Korea should analyze ASEAN's plan for ASEAN Economic Community and find potential development needs of ASEAN. Korea and ASEAN want to become ASIA's FTA Hub. such as great vision can come true if Korea cooperate sincerely with ASEAN.