Pest Analysis Vietnam

On the 1st of January 1901, six British colonies were legalised by the British parliament to govern as a part of the Australian Federation. With the legalisation of unification also held the birth of national independence of Australia. Under a federal system, powers were divided between a central government and several regional governments. Power was divided between the federal government and the governments of the six colonies, which were renamed 'states' by the Constitution. One of the first pieces of legislation passed in the new Federal Parliament was the Immigration Restriction Act. Now known as the infamous White Australia Policy. This immigration restriction made it significantly difficult for Asians and Pacific Islanders to migrate to Australia.

The PEST analysis helps to explain the critical factors in the organization's external environment. The factors include political, economic, social and technological. For Myer, these forces combine with the internal factors, and other external factors like competition. The Australian consumer goods retail market is worth $121 billion (IBISWorld, 2012) but is heavily fragmented. Myer is the third-largest company in the industry behind David Jones and Harvey Norman, but with $3.158 billion in sales holds just 2.6% market share (Myer 2011 Annual Report). This implies that competition is only one of many factors that can contribute to the company's results. This PEST analysis will help to identify the other major factors.

If you are looking to purchase new windows for the home and your budget is tight, you can get high quality and efficient windows without having to purchase the most expensive windows on the market. Instead, you can choose what meets your budget and still get great windows as long as you take the time to research reliable options.

Vietnam was a French colony dating back to mid 1800s. Vietnam was meant as a farming colony where they would grow things such as tobacco, tea, and coffee. The French treated their colony poorly by denying civil

The global financial crisis has affected severely on Vietnamese exports. After joining the WTO, Vietnam’s trade has become depend on global

Vietnam is a southeastern Asian country that has been occupied by the French since the early 19th Century. During War War II Japanese forces invaded Vietnam. In order for the native Vietnamese to fight off both the French Colonial Administration and the invading Japanese, political leader Ho Chi Minh inspired by Soviet Communism, established the League of Independence of Vietnam. After Japan’s defeat in World War II in 1945, the Japanese withdrew their forces from Vietnam. The French educated Emperor Bao Dai was now back in control of Vietnam. Ho Chi Minh saw this as an opportunity to finally gain control and almost immediately took control of the northern city of Hanoi. Ho Chin Minh declared himself as president. In hopes to regain control of Hanoi, France backed Emperor Bao and created the state of Vietnam in 1949. Although both sides wanted the same goal of uniting Vietnam, their government views were drastically different. Ho and his followers wanted the nation to be modeled after other communist countries. While Bao and his followers wanted their country to be in close ties with democratic countries in the west. These causes led to a civil war for the sole control of Vietnam.

The economic grew slowly under the government’s planned economy system. In 1986, the government launched its “socialist-oriented market economy program (Doi Moi), which supported the creation of privately owned enterprises and foreign investment. The economy grew at an annual of 7 percent and poverty was reduced by 50 percent. Since 2001, Vietnam has had one of world’s fastest growing economies. Vietnam has signed a free trade agreement with the European Union and when the deal takes effect next year, tariffs will be eliminated on 90 of European goods entering Vietnam, which will make the country a distribution hub, according to Phil Hogan, the EU’s commissioner for Agriculture and Rural Development. This will create for more jobs for the Vietnamese working class and continue to spur economic

That same year in December, the State Department claims in a public report that Vietnam is threatened by a “clear and present

Laos has been receiving help from China, Vietnam and Thailand for political and investment reasonings. In an interview, Keith Barney, who

An argument favoring America’s involvement in Vietnam is that capitalist country South Vietnam would be overthrown by communist North Vietnam, unless The United States became involved in Vietnam to control the spread of communist activity. The United States feared communist ideals spreading globally during the 1950’s and replacing capitalism, this fear urged action to aid South Vietnam. Leading up to Vietnam war, the French colonized South Vietnam but were weakened by the calamity of World War 2. The United States sought to protect corporate interests and with an ever increasing shift in the global market towards communism, grew weary of strickend trade among the Indonesian region of the globe. The strength of this argument is that without United States involvement, the financial climate would shift for the worst, and communistic views would

Vietnam is politically very stable and with one party control i.e. Communist Party, the country continues to achieve higher political stability. “Political” aspect is very important for Vietnam as the country continues to have many State Owned Enterprises (SOE) that play major roles in economy of the country. Therefore, it is important for Vietnam to have a stable government that is able to provide good governance and control over SOEs and other business activities. There are some good decisions taken by current government such as freedom of press. However, the country faces some disputes over certain matters such as Vietnam – China and U.S. – Vietnam tensions are major concerns for government. These tensions make it difficult for government to

John Peter, a Marketing Manager of Hewlett-Packard Asia Pacific (HPAP) was evaluating HPAP’s long-term strategic investment options for doing business in Vietnam. Before start up business in Vietnam, John needs to know the current business environment in Vietnam. History, Economic and Politic Environment are important to know about the country whether is stable from others control. Current workforce is important to find the skillful employee when it’s start up the factory in Vietnam. Foreign exchange and investment regulations are also important to know whether Vietnam market was open to global market or not. Hence, facility in Vietnam such as financial services, communicate services,

This paper will provide the advantages and disadvantages of different facets that fall within the PEST analysis: political, economical, social, and technological aspects of India.

In comparison with the number in developed countries, €9 per hour in the UK for example, no wonder why big multinational companies all over the world have been trying to outsource to Vietnam. There are many factories along the country which are manufacturing final products for world top multinational companies. Nike, Adidas, Panasonic, Toyota, etc., all place their factories in Vietnam. In fact, when one goes shopping in Europe, it is no surprised to see a product of a famous brand with the “Made in Vietnam” label printed on it . Moreover, according to some latest research, Vietnam has a young population. It can lead to a more effective working force, compared to countries which have an old population, such as Finland and Japan. In the last decades, the literacy rate of Vietnam has been increasing steadily, from 88% in 1989, 90% in 1999 to 93,5% in 2009. More people get a bachelor’s degree nowadays, which leads to the improvement in the worker’s skill. Offering not only a strong flow but an efficient working force, Vietnam has been attracting more investors every year.

The financial statements are very useful to all this group of user. Explain each of them;