• Title/Summary/Keyword: International competitiveness

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A Analysis of Vietnam's Trade Competitiveness with Korea by Technology Level(2002-2020) (기술수준별 베트남의 대 한국 무역경쟁력 분석(2002-2020))

  • Hoang Thi Thao Huyen;Jin-Ho Noh;Choong-Bae Lee
    • Korea Trade Review
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    • v.47 no.6
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    • pp.247-267
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    • 2022
  • Since the Korea-Vietnam FTA was signed in 2015, trade between the two countries has increased rapidly, accounting for 6.8% of Vietnam's exports and 17.9% of its imports in 2020. The two countries show differences in import and export items. Vietnam has a high export ratio of agri-food products or products with the low-middle level of technology, while Korea has a high export ratio of products with the upper-middle level. The purpose of this study is to present implications by analyzing changes in trade competitiveness between Vietnam and Korea by technology level (2002-2020). For this purpose, statistics from UN Comtrade were used, and methodologies such as market share, Export Market Share (EMS), Trade Specialization Index (TSI), Intra-Industrial Trade Index (IIT), Revealed Comparative Advantage (RCA), and BCG Matrix were used. The results of the study are as follows. First, when looking at Vietnam's trade structure with South Korea by technology level, it was analyzed that the trade deficit widened as it showed a competitive disadvantage in high-tech, ICT, middle- and low-level technology items, excluding low-end technology items. Second, in terms of market share, the market share of Vietnamese products in the Korean market is continuously increasing, while the Korean market share in Vietnam is gradually decreasing from 2017. Third, Vietnam's export competitiveness to Korea by technology level shows that low-level technologies are competitive, but they are inferior in competitiveness in all other technology level, and especially in areas with high technology level, the level of inferiority is high. In conclusion, the trade relationship between Vietnam and Korea has maintained a mutually complementary rather than competitive relationship, which is expected to continue in the future.

An Analysis on Determinants for China Market Entry Type of the Korean Company (한국기업의 중국시장 진출유형에 따른 결정요인 분석)

  • Lee, Je-Hong
    • International Commerce and Information Review
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    • v.12 no.3
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    • pp.223-242
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    • 2010
  • Since the reopening of official relations in 1992, Korean and China have become major trading partners, apart from myriad exchanges in culture and other aspects of society. The subject of this study is to analysis on determinants for China market entry type of the Korean company. This article measure the effects on Korea exporter interests of Korea's trade with china. This paper investigates the determinants of export and FDI referring in entry type in the China's market of Korea company. There are 250 samples and 130 returns, 170 of them are analyzed for a entry competitiveness. This paper has there main a parts, Multiple regression result shows that the export entry competitiveness are positively affected by the product character and market character. However, The enterprise character and location character does not affect in the export competitiveness. Also, the direct investment entry competitiveness are positively affected by the market character and location character. However, The enterprise character and product character does not affect in the direct investment. Logit analysis result show that the direct investment entry does positively affected in CEO international mind and export entry does affect in more than rival competitive products. In addition, the export entry does positively affected in the customer taste diversity, political risk and economical risk, market environment instability.

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A Study on the Competitiveness of Terminals in Busan and Shanghai Ports using TOPSIS (TOPSIS를 이용한 부산항과 상해항의 터미널 경쟁력에 관한 연구)

  • Kim, A-Rom;Kim, Kwang-Hee
    • Journal of Korea Port Economic Association
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    • v.33 no.2
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    • pp.19-32
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    • 2017
  • This study aims to (1) investigate the main factors for the evaluation of port competitiveness through a literature review; (2) compare each terminal's competitiveness in Busan and Shanghai ports using TOPSIS methodology; (3) determine how to improve Busan port competitiveness. TOPSIS analysis of throughput shows that the terminals in Shanghai (SMCT, SGICT) are competitive. Shanghai is ranked first in both the port physical analysis (SMCT) and the financial one (SSICT). Total competitiveness analysis shows that Shanghai terminals (SSICT, SMCT, and SGICT) are more competitive than the ones in the Busan port. In this analysis, the SSICT ranks the top terminal in port physical and financial categories, while the SMCT ranks the first terminal in terms of throughput. The results of this study provide important policy implications for the Busan port, whose international status as a transshipment port and international logistics hub has lowered, and whose recent growth is slower than that of the competing international ports.

The Study on the SEP (Standard Essential Patents) Procurement Strategy to accelerate the Trade Negotiation Competitiveness (통상 협상의 경쟁력 강화를 위한 표준특허 확보전략 연구)

  • Cho, Dongmin;Cho, Wongil
    • International Commerce and Information Review
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    • v.18 no.4
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    • pp.263-281
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    • 2016
  • The Importance of SEP (Standard Essential Patents) Procurement Operation is on the side of Governmental and Public both to accelerate the national trade negotiation competitiveness. To operate cooperative system of SEP creation and management, Government should monitor the effect and performance periodically to public sectors. and To achieve the support objectives, it should establish the virtuous circle infrastructure between R&D and economic performance on SEP. This can make the SEP enhancement to pursue the international competitiveness on Intellectual Property Rights. Especially the specific support approach to each phase of the SEP declaration matrix is essential to consolidate the possibility of SEP creation and acquisition. In this study, the concepts of SEP to accelerate the national trade negotiation competitiveness and the prior research were verified through the investigation of market trend and current state of affair analysis. Through the analysis of international and domestic situation of SEP procurement and management, We have found the results as follows. First of all, the leading conglomerates and the Government should focus on the secondary and tertiary industries to create and acquire SEPs to accomplish the effectiveness of selection and concentration. In second, the SMEs and Univ. Labs should focus on the quaternary sector of the economy to retain the competitiveness of speed and challenge on SEP related. From this study, the appropriateness of the tailored-support management model should be institutionalized, and the results implied an research in order to examine the suitability among the current SEP to enhance the competitiveness of national trade research issues.

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A Study on the Improvement of Competitiveness and International Export Control System of Strategic Items (전략물자의 국제 수출통제와 경쟁력 제고방안에 관한 연구 - 자율준수체제를 중심으로 -)

  • Kim, Hyun-Jee
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.349-371
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    • 2008
  • Export controls on strategic items has been an international standard of trade. We should understand the global trend of this and perform clean policies in the international community. This article examines the Improvement of Competitiveness and International Export Control System of Strategic Items for focusing to Internal Compliance Program(ICP). Therefore, this study would like to suggest for build to ICP. Each member of company have to convert their perception for controling strategic items. Also, they have to build controling system in ERP system and extend Incentive for CPs. the support to the trustworthy controling system. Korea is actively trying to control strategic items export for world peace and national security. So the related enterprise needs to manage voluntary export system.

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A Comparative Study on the Export Similarity Index (ESI) and Trade Competitiveness Index (TCI) of Korean Construction Machinery with China and the U.S.A (한국 건설기계의 수출유사성지수(ESI) 및 무역경쟁력지수(TCI) 연구 - 중국 및 미국과의 비교 분석을 중심으로 -)

  • Lee, Gyuseong;Li, Xiang;Shim, Sangryul
    • Korean Journal of Construction Engineering and Management
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    • v.23 no.2
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    • pp.16-23
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    • 2022
  • This study examined the trend of international competitiveness over the past 10 years (2011-2020), focusing on comparative analysis with China and the United States, targeting seven major export items of Korean construction machinery based on 6 units of HS code. To this end, the export similarity index and trade competitiveness index were calculated and analyzed using UN Comtrade and Korea International Trade Association trade statistics. As a result of the analysis, competition between Korea and China has intensified over the past decade, and competition with the United States has remained at a certain level. Korean forklifts (8427.20) are exporting to the world with strong competitiveness in the global market. Excavators (8429.52) and loaders (8429.51), which have the largest export share of Korean construction machinery, have a weight advantage, but they are exporting due to price inferiority. The rest of the items were found to be inferior in price and weight, and were not competitive in the global market. These analysis results suggest the following implications. First, it is necessary to strengthen efforts to expand exports of universal construction machinery items, which are expected to increase in demand in the future, by boosting the economy and expanding infrastructure investment in accordance with eco-friendly policies. Second, excavators, which have been shown to have a quality advantage and a price competitive advantage, need to further strengthen export marketing activities not only in China and the United States but also in emerging developing countries.

The Effect of Supply Chain Dynamic Capability on Competitiveness and Business Efficiency of Vietnamese Wood Enterprises

  • NGUYEN, Binh Thi;MAI, Anh Thi Van
    • Journal of Distribution Science
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    • v.20 no.2
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    • pp.31-41
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    • 2022
  • Purpose: Developing and nurturing supply chain dynamic capability is one of the leading solutions to create competitive advantages, maintain growth and sustainable development for businesses. The study was conducted to experimentally confirm the impact of supply chain dynamic capability on competitiveness and business efficiency for Vietnamese wood enterprises. Research design, data and methodology: The study surveyed 236 managers of Vietnamese wood manufacturing and distribution enterprises. The authors applied the structural equation modeling (SEM) to analyze the relationship between the dynamic capability of the supply chain and the competitiveness, business efficiency of enterprises to achieve those goals. Results: The results show that businesses owning supply chain dynamic capability will have better competitiveness and business efficiency. Especially, in the context of Vietnamese wood sector, the larger the scale of business, the more profound the impact of supply chain dynamic capability on competitiveness and business efficiency. Conclusions: Focusing on developing supply chain dynamics would be a promising solution to improve the competitiveness of Vietnam's wood enterprises in the global market.

A Competitiveness Analysis on the Korean Precision Instrument Parts in the Chinese Market (한국 정밀기기부품의 중국시장 경쟁력 분석)

  • Choi, Hyuk-Jun
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.457-475
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    • 2014
  • The purpose of this study was to analyze market competitiveness of Korean precision instrument parts in the chinese market. Korea-China trade has made rapid progress since establish diplomatic relations in 1992 and China become biggest trading partner of Korea in the present. For attaining the purpose of study, we collected related statistical data and used market comparative advantage index. From this analysis, following results were found. There are no items have competitiveness in the chinese market until the present time. However, item code 26041, 26034, 26022 are bound to be secure competitiveness in the chinese market in the near future and item code 26022 will emerge especially strategic item in the chinese market.

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Comparison of Distribution Competitiveness of the Mackerel Industry between Korea and Norway (우리나라-노르웨이 고등어산업의 유통 경쟁력 비교 연구)

  • KIM, Dae-Young;KANG, Jong-Ho
    • Journal of Fisheries and Marine Sciences Education
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    • v.27 no.6
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    • pp.1685-1692
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    • 2015
  • This study examines the mackerel distribution systems in Norway which has a leading mackerel industry, and has the purpose of analyzing the effects of structural improvements for the development of Korea's mackerel industry. The landing and distribution status of Korea and Norway's mackerel industry was compared, and the effects of structural improvements was analyzed under the assumption that a number of factors would be improved after an analysis of competitiveness. Special features of the landing and distribution systems of mackerel in Norway are Reduction of transportation costs and transportation time through E-auctions, fish Pumps, freshness management using state-of-the-art equipment and technology such as sea water cooling systems, direct landing at processing factories and Automation through fully automated sorting & packaging systems. The distribution competitiveness of Korea and Norway's mackerel industry was compared through the qualitative review of landing time and the length of distribution channel, distribution costs due to differences in trading method, quality and hygiene management and merchandising. For Korea's mackerel industry to have international competitiveness, they must have efficiency throughout the phases of landing, processing and distribution systems as observed in case of Norway.