• Title/Summary/Keyword: export to Vietnam

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Comparative Analysis of Factors in Country Risk between Cambodia and Vietnam (캄보디아와 베트남의 국가위험도 영향요인 비교 분석)

  • Lee, Changkeun;Choo, Yongsik
    • Journal of the Korean Regional Science Association
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    • v.34 no.2
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    • pp.65-77
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    • 2018
  • The purpose of this study is to compare and analyze factors in country risk between Cambodia and Vietnam. OECD and the Export-Import Ban of Korea assess country risk of Cambodia more highly than Vietnam. As results of the parametric tests for evaluation factors on the basis of country risk classification, the economic growth rate, the foreign trade index, and the foreign exchange reserves among the economic risks with the corruption index as the political and social risk have statistically significant effect on the difference between country risks of two countries. However, discriminant factor analysis indicates that the economic growth rate, the foreign exchange reserves, and the corruption index are key variables, which represent the difference between country risks of Cambodia and Vietnam. Consequently, the government of Cambodia needs to try to root out the corruption and to expand trade through increasing export for lowering the country risk to the level of Vietnam. Vietnam would also need to focus on attaining the sustainable high economic growth rate and increasing the foreign exchange reserves.

Analyses of Trade Trends and Competitiveness of Korea and Vietnam in Forest Products (한-베트남 임산물 교역동향과 경쟁력분석)

  • Lee, Sang-Min;Chang, Cheol-Su;Song, Seong-Hwan
    • Journal of Korean Society of Forest Science
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    • v.102 no.2
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    • pp.281-291
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    • 2013
  • This study is design to provide basic directions that Korea can take in forestry negotiation of Korea- Vietnam FTA. Trade trends and characteristics of forestry sector are figured out and the competitiveness of main products are analyzed. The trade amount between Korea and Vietnam is $207,260 thousand. Korea exports nontimber products to Vietnam, while she mainly imports wood products. The average import value of wood products during recent five years accounts for 88% of all value from Vietnam. The export items are not various, and the export value is small. The amount of imports, however, which are mainly composed of low price wood products, is relatively big. The results of analysis say that three items of Korean forest products have competitiveness, while Vietnam has eleven items. According to the study it is recommended that a sawn wood and a plywood should be classified as sensitive products to minimize and to take a long term tariff reduction.

Export Performance and Stock Return: A Case of Fishery Firms Listing in Vietnam Stock Markets

  • VO, Quy Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.37-43
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    • 2019
  • The research aims to study the relationship between export performance and stock return of Vietnamese fishery companies. To conduct this study, quarterly data was collected for period from 2010-2018 of 13 fishery companies listing in Ho Chi Minh Stock Exchange (HOSE) and Ha Noi Stock Exchange (HNX). The export performance was measured by export intensity, export growth and export market coverage. In addition, interest rate, exchange rate, GDP, firm size, profitability, and financial leverage were considered as the control variables in the research model. Panel data analysis with Generalized Least Squares model was employed to estimate the predictive regression. The findings indicated that export intensity and export growth have a significant and positive relationship with stock returns. However, export market coverage has not a significant relationship with stock return at the 0.05 level. Profitability, financial leverage, and exchange rate have a positive relationship, while interest rate and GDP have no relation to stock return at the 0.05 significance level. The findings imply that investors should consider the export intensity instead of export growth and export market coverage as selecting stock of fishery exports firms to invest; managers should increase export intensity to increase company's stock price or firm market value.

Development of Export Volume and Export Amount Prediction Models Based on Supervised Learning (지도학습 기반 수출물량 및 수출금액 예측 모델 개발)

  • Dong-Gil Na;Yeong-Woong Yu
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.46 no.2
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    • pp.152-159
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    • 2023
  • Due to COVID-19, changes in consumption trends are taking place in the distribution sector, such as an increase in non-face-to-face consumption and a rapid growth in the online shopping market. However, it is difficult for small and medium-sized export sellers to obtain forecast information on the export market by country, compared to large distributors who can easily build a global sales network. This study is about the prediction of export amount and export volume by country and item for market information analysis of small and medium export sellers. A prediction model was developed using Lasso, XGBoost, and MLP models based on supervised learning and deep learning, and export trends for clothing, cosmetics, and household electronic devices were predicted for Korea's major export countries, the United States, China, and Vietnam. As a result of the prediction, the performance of MAE and RMSE for the Lasso model was excellent, and based on the development results, a market analysis system for small and medium sellers was developed.

Survey of Yogurt Powder Storage in Ambient Export Countries A Safety Evaluation Standard Compliance and Comparative Analysis

  • Kim, Na-Kyeong;Park, Jung-Min;Lee, Jung-Hoon;Kim, Ha-Jung;Oh, Sejong;Imm, Jee-Young;Lim, Kwang-Sei;Kim, Jin-Man
    • Food Science of Animal Resources
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    • v.35 no.1
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    • pp.143-148
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    • 2015
  • Yogurt powder is fermented milk processed in the form of dry yogurt, and has advantages such as stability, storability, convenience, and portability. China and Vietnam are important export target countries because of the increased demand for dairy products. Therefore, we surveyed dairy product standardization in order to establish an export strategy. Lactic acid bacteria counts are unregulated in Korea and Vietnam. In China, lactic acid bacteria counts are regulated at $1{\times}10^6$ colonyforming units (CFU)/mL and detected at $6.24{\pm}0.33\;Log\;CFU/mL$. All three countries have regulated standards for total bacterial counts. In China, total bacterial counts of milk powder are regulated to n=5, c=2, m=50,000, M=200,000 and detected at $6.02{\pm}0.12\;Log\;CFU/mL$, exceeding the acceptable level. Lactic acid bacterial counts appeared to exceed total bacterial counts. Coliform group counts, Staphylococcus aureus, Listeria monocytogenes, and Salmonella species were not detected. Acidity is not regulated in Korea and Vietnam. In China, acidity was regulated to over $70^{\circ}T$ and detected $352.38{\pm}10.24^{\circ}T$. pH is unregulated in all three countries. pH was compared to that of general fermented milk, which is 4.2, and that of the sample was $4.28{\pm}0.01$. Aflatoxin levels are not regulated in Korea and China. In Vietnam, aflatoxin level is regulated at 0.05 ppb. Therefore, all ingredients of the yogurt powder met the safety standards. This data obtained in this study can be used as the basic data in assessing the export quality of yogurt powder.

Back to Nature-Based Agriculture: Green Livelihoods Are Taking Root in the Mekong River Delta

  • Lan, Ngo Thi Phuong;Kien, Nguyen Van
    • Journal of People, Plants, and Environment
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    • v.24 no.6
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    • pp.551-561
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    • 2021
  • Background and objective: Vietnam is prioritizing agricultural production for food export capacity in all national policies. As a result, for three decades, its agriculture has been making quite many remarkable achievements. Methods: The most successful one is that the nation has become one of the world's leading rice exporters and ensures its national food security. Through these endeavors, the Mekong River Delta (MRD), in particular, has emerged as a key region in ensuring national food security and rice export. Results: The new era can now see Vietnamese agriculture turning to place special emphasis on commodity quality and the improvement of the living environment. This is evidenced, for example, by the phenomenon that the MRD, as a rice basket of the whole country, is making moves back to nature-based agriculture with attempts to restore the natural ecology, including preserving and restoring local traditional rice seeds, adopting natural farming practices and minimizing the use of chemical fertilizers and pesticides. Conclusion: The case studies of nature-based farming practices in the MRD indicate that, while the national agriculture is generally developing large-scale production, the small-scale farming in the region, integrated with tourist and educational activities on-site, is meeting the demands of a highly potential domestic niche market. Moreover, this model appears to be a sustainable farming approach that defines itself as a working green livelihood for the region.

Strategies for Promoting Trade and Foreign Direct Investment between Korea and Vietnam (한국과 베트남의 무역 및 투자협력 증진방안에 관한 연구)

  • Kim, Jeong-Ho
    • International Commerce and Information Review
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    • v.7 no.4
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    • pp.435-453
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    • 2005
  • This paper suggests several strategies for promoting Trade and Foreign Direct Investment cooperation to the Korean government and companies as follows ; For Korean government, its trade policy would be given much weight on the import from the Vietnam in the early developing stage. This import could be compensated and increased with the counter export of Korean products like the industrial goods. For Korean companies, they would make haste to invest and develop the abundant energy and natural resources in Vietnam. Their desirable strategies would be moving small scale projects into large ones, production partnerships with the foreign developed and experienced companies, and international joint ventures for using inward FDI incentives. The long range vision and perseverance are indispensable for promoting trade and foreign direct investments between and Korea and Vietnam and both parties' win-win results and development in the end.

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The Effect of Trade Openness on Foreign Direct Investment in Vietnam

  • LIEN, Nguyen Thi Kim
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.111-118
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    • 2021
  • The purpose of this paper is to study the impact of trade openness on foreign direct investment (FDI) inflows into Vietnam, an emerging country with relatively high trade openness in recent years. The study used the vector autoregression (VAR) model to examine the impact of trade openness on FDI in Vietnam, in the period from 2005 to 2019. The research data are time-series data, with quarterly frequency, from 2005:Q4 to 2019:Q3. The FDI data were collected by International Financial Statistics. The data of trade openness were calculated based on Vietnam's export, import, and GDP data collected by the General Statistics Office of Vietnam. The estimated result shows that the trade openness has a positive effect on FDI. The current FDI is heavily influenced by FDI in the past with an average explanation of 74%. The main findings indicate that trade openness has a positive effect on FDI inflows into Vietnam. The findings also show that FDI in Vietnam is significantly affected by the shocks of the FDI itself in the past. The findings of the study suggest the Vietnamese Government improves the quality of trade openness and FDI, continues and maintains economic relations with other countries to increase trade openness.

A Study on the Seoul Metro's Railway Business in Vietnam with the Reuse of De-commissioned Rolling Stocks for Hanoi$\sim$Ha Long Bay Line (중고전동차를 활용한 서울메트로의 베트남 하노이$\sim$하롱베이 철도사업에 관한 연구)

  • Son, Young-Jin;Chung, Su-Young;Choi, Si-Haeng;Seo, Deok-Yong;Lee, Sang-Ho;Oh, Sung-Hyo
    • Proceedings of the KSR Conference
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    • 2008.11b
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    • pp.1933-1942
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    • 2008
  • Over the years, the Social Republic of Vietnam has demonstrated its high annual growth rate over 8%. In order to secure its sustainable economic growth, its has also demonstrated its sharp concerns on building up core infrastructures by luring foreign investments on a large scale, which would underpin the nation's economic propulsion. Among others, transport infrastructures and networks centering on railway systems are obviously seen as the most urgent to be built to continue its growth. Seoul Metro recently took a significant step forward in Vietnam to launch railway business by executing its export project of 6 units of metro cars to Hanoi as on July 10, 2008. Those 6 cars are scheduled to be put on the tracks linking Yen Bian, Hanoi with Ha Long, for demonstrative running, around October, 2008, carrying tourists on that 163kms of the National Railway line serving the region. A successful running on the track will duly entail further export of additional 54 units of Seoul Metro cars to Vietnam. In this thesis, description will be noted on the reuse and economic value of the Seoul Metro's de-commissioned metro cars, reflecting on the current urban railway law at home regulating the service life of rolling stocks domestically. This thesis will also study the points at issue, and the recommendable future orientation of the Vietnam railway business project.

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Industrial review and competitiveness analysis of footwear market (신발 산업 현황과 경쟁력 분석)

  • Lee, Ji-Yeon;Uh, Mi-Kyung;Park, Myung-Ja
    • Journal of the Korea Fashion and Costume Design Association
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    • v.21 no.1
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    • pp.59-72
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    • 2019
  • The purpose of this study is to analyze the present condition of the Korean footwear industry, and its competitiveness through related precedent research. Research was done by analyzing data from the Korean Statistical Information Service, the Korea International Trade Association and advanced research about the footwear industry. Footwear markets all over the world are growing continuously. The main consumers are China, America and India. World footwear trade is showing a growth trend on the basis of cost and amount. The main exporting countries are China, Vietnam and Italy, while main importing countries are America, Germany and France. The domestic market and the export market of footwear in Korea are decreasing. The scale of exporting footwear is gradually decreasing, however the scale of importing footwear is increasing. Korea exports footwear to China, Vietnam and Japan and imports them from China, Vietnam and Indonesia. Studies concening the footwear industry implied that the competitiveness of Korea has been weakened both in the domestic and the export markets. To enhance the competitiveness of Korean footwear corporations, long-term support at the national level is needed. Especially, cultivating competitive experts is crucial to improve the competitiveness of designs and the quality of products. Furthermore, branding strategies using the Korean wave, Korean culture and the national image of Korea, as well as platform strategies to communicate with consumers globally and selling high-quality products are significant.