Koreas Recent Export To Vietnam And Implications

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Korea's Recent Export to Vietnam and Implications

Author : Jae-Ho Lee
Publisher :
ISBN 13 :
Total Pages : 5 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Korea's Recent Export to Vietnam and Implications by : Jae-Ho Lee

Download or read book Korea's Recent Export to Vietnam and Implications written by Jae-Ho Lee and published by . This book was released on 2016 with total page 5 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2015, while Korea's total exports were sluggish mainly due to weak global demand, its exports to Vietnam have increased rapidly, and Vietnam emerged as Korea's top 3rd export destination. Since the establishment of diplomatic relations in 1992, Korean investors took advantage of Vietnam's low-wage in labor-intensive industry. From the mid 2000s, they started to shift their focus from labor-intensive to capital and technology-intensive industries. This has been driven by massive investment by SEC (Samsung Electronics Co. Ltd) in mobile phone manufacturing. The strategic investment by SEC is transforming Vietnam's industrial structure from labor-intensive to technology-intensive, and has put Vietnam on the top of the list of world's mobile phone producing countries. With Korea-Vietnam FTA ratified in 2015, and the year 2016 will offer new opportunities to promote cooperation between Korea and Vietnam. Future bilateral economic cooperation should not simply stop at demanding higher liberalization levels, but support building a production network that promotes a 'win-win' cooperative relationship for mutual benefits.

Vietnam's Global Value Chains Participation and Policy Implications for South Korea-Vietnam Economic Cooperation

Author : Hoan Quang Truong
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Vietnam's Global Value Chains Participation and Policy Implications for South Korea-Vietnam Economic Cooperation by : Hoan Quang Truong

Download or read book Vietnam's Global Value Chains Participation and Policy Implications for South Korea-Vietnam Economic Cooperation written by Hoan Quang Truong and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The term “value chain” refers to the whole production process of a good or service from the design and raw material processing to manufacturing and market services for the final customers. A global value chain (GVC) indicates production across multiple countries (Simola 2021). Wang et al. (2017) distinguish between simple and complex GVC activities and classify GVC participation in the following four activities: (i) export its domestic value added in intermediate exports used by a direct importing country to produce products for the importing country's final consumption (simple GVC); (ii) export its domestic value added in intermediate exports used by a direct importing country to produce products for importing countries' exports to third countries (complex GVC forward participation); (iii) importing foreign value added in intermediate imports to produce products for domestic use (simple GVC); (iv) importing foreign value-added in intermediate imports to produce products for its gross exports (complex GVC backward participation).Trade and foreign direct investment (FDI) are considered to be the main driving factors of Vietnam's economic growth. However, Vietnam's growth rates became substantially lower in the first decade of the 21st century and even lower after 2008, putting the country in high danger of falling into a middle-income trap (Nguyen and Truong 2022). Overcoming this huge challenge will require Vietnam to make greater progress in GVC participation, which can only be obtained by implementing the appropriate policy reforms and adjustments, particularly in FDI, trade, and industrial and institutional areas. In this regard, assistance and cooperation from Korea - an advanced economy, especially a top trade and FDI partner of Vietnam - would play a significant role in improving Vietnam's GVCs participation.Against this backdrop, this study aims to examine Vietnam's GVC participation. It then assesses the major challenges faced by Vietnam's GVC participation. Based on this, the research draws relevant policy implications for Vietnam-South Korea (hereafter Korea) economic cooperation to improve Vietnam's GVC participation in the following years.

Implications of Changes in the Structure of Trade and Foreign Investment Between Korea and Vietnam

Author : Sunin Jung
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)

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Book Synopsis Implications of Changes in the Structure of Trade and Foreign Investment Between Korea and Vietnam by : Sunin Jung

Download or read book Implications of Changes in the Structure of Trade and Foreign Investment Between Korea and Vietnam written by Sunin Jung and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Vietnam has emerged as a post-China magnet for foreign investment where businesses can enjoy low production cost based on abundant and cheap labor, global companies have accelerated their investment in Vietnam recently. The government of Vietnam's strong willingness for closer integration with the global economy and its political stability will attract more foreign investment to Vietnam.Vietnam has also risen as an economically important partner for Korea. Vietnam ranks the third largest importer to Korea, and Korea is now the largest foreign investor in Vietnam. The volume of trade between the two countries had remarkably increased to 37.6 billion from 13 billion USD over the five years from 2010 to 2015. During the period, characteristics of foreign investment in Vietnam had changed, and the government of Vietnam began striving for industrial development. These changes have influenced the structure of investment and trade between Korea and Vietnam.This report aims to analyze the structural changes in trade and investment between the countries and to provide implications for potential Korean investors. First, this report examines trend of export and import by classifying them into types of goods in different processing stages such as capital goods, consumption goods, and intermediate goods. The changes in major items of export and import between the two countries are analyzed as well. It also reviews the recent trend and changes of Korea's investment to Vietnam, one of the main factors causing changes in trade. Based on the analysis, it finally provides with implications for Korean potential investors and companies.

Potential Economic Impacts of the Vietnam-Korea Free Trade Agreement on Vietnam

Author : Thanh Phan
Publisher :
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Potential Economic Impacts of the Vietnam-Korea Free Trade Agreement on Vietnam by : Thanh Phan

Download or read book Potential Economic Impacts of the Vietnam-Korea Free Trade Agreement on Vietnam written by Thanh Phan and published by . This book was released on 2016 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an assessment of the potential economic impacts of the Vietnam-Korea free trade agreement on Vietnam, by using general equilibrium modeling. The results show that Vietnam-Korea FTA will increase aggregate welfare for both countries in the long run. The most important gains accrue from better allocation of resources consequent to trade liberalization. All the sectoral differences and changes are consistent with the trade profiles of the two countries, and the long-run results are more pronounced than those of the short-run. In comparison with other ASEAN countries, the CGE analysis suggests that Vietnam's agriculture exports to Korea would especially rise in the long run. However, there will be strong competition in this sector among ASEAN members. Thus, an earlier conclusion of a comprehensive FTA with Korea is expected to be a good strategy for Vietnam, so as to avoid the direct competition with ASEAN members in the future.

Applying General Equilibrium

Author : John B. Shoven
Publisher : Cambridge University Press
ISBN 13 : 9780521319867
Total Pages : 316 pages
Book Rating : 4.3/5 (198 download)

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Book Synopsis Applying General Equilibrium by : John B. Shoven

Download or read book Applying General Equilibrium written by John B. Shoven and published by Cambridge University Press. This book was released on 1992-05-29 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: The central idea underlying this work is to convert the Walrasian general equilibrium structure (formalized in the 1950s by Kenneth Arrow, Gerard Debreu and others) from an abstract representation of an economy into realistic models of actual economies.

Economic Effects of a Korea-U.S. Free Trade Agreement

Author : Kōzō Kiyota
Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Economic Effects of a Korea-U.S. Free Trade Agreement by : Kōzō Kiyota

Download or read book Economic Effects of a Korea-U.S. Free Trade Agreement written by Kōzō Kiyota and published by . This book was released on 2007 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

China's Changing Trade and the Implications for the CLMV

Author : Mr.Koshy Mathai
Publisher : International Monetary Fund
ISBN 13 : 1475531710
Total Pages : 84 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis China's Changing Trade and the Implications for the CLMV by : Mr.Koshy Mathai

Download or read book China's Changing Trade and the Implications for the CLMV written by Mr.Koshy Mathai and published by International Monetary Fund. This book was released on 2016-09-01 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s trade patterns are evolving. While it started in light manufacturing and the assembly of more sophisticated products as part of global supply chains, China is now moving up the value chain, “onshoring” the production of higher-value-added upstream products and moving into more sophisticated downstream products as well. At the same time, with its wages rising, it has started to exit some lower-end, more labor-intensive sectors. These changes are taking place in the broader context of China’s rebalancing—away from exports and toward domestic demand, and within the latter, away from investment and toward consumption—and as a consequence, demand for some commodity imports is slowing, while consumption imports are slowly rising. The evolution of Chinese trade, investment, and consumption patterns offers opportunities and challenges to low-wage, low-income countries, including China’s neighbors in the Mekong region. Cambodia, Lao P.D.R., Myanmar, and Vietnam (the CLMV) are all open economies that are highly integrated with China. Rebalancing in China may mean less of a role for commodity exports from the region, but at the same time, the CLMV’s low labor costs suggest that manufacturing assembly for export could take off as China becomes less competitive, and as China itself demands more consumption items. Labor costs, however, are only part of the story. The CLMV will need to strengthen their infrastructure, education, governance, and trade regimes, and also run sound macro policies in order to capitalize fully on the opportunities presented by China’s transformation. With such policy efforts, the CLMV could see their trade and integration with global supply chains grow dramatically in the coming years.

The Mekong Delta System

Author : Fabrice G. Renaud
Publisher : Springer Science & Business Media
ISBN 13 : 9400739621
Total Pages : 466 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis The Mekong Delta System by : Fabrice G. Renaud

Download or read book The Mekong Delta System written by Fabrice G. Renaud and published by Springer Science & Business Media. This book was released on 2012-06-01 with total page 466 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book about the Mekong Delta presents a unique collection of state-of-the-art contributions by international experts from different scientific disciplines about the characteristics and pressing water-related challenges of the Mekong Delta in Vietnam. The Mekong Delta belongs to one of the areas, which are to expect the largest challenges concerning environmental change and climate change induced sea level rise . The Delta acts as the “rice bowl” of Southeast Asia and is home to over 17 Million people, who need to cope with ecologic as well as socio-economic changes linked to the rapid economic development of the country. Annual floods, severe droughts, salt water intrusion, degrading water quality, tropical cyclones, hydrologic changes due to hydropower projects in the upstream of the Mekong, coastal erosion, and the loss of biodiversity are some of the problems in the region. Heterogeneous resource management responsibilities, and the fact that the Mekong – and thus also the Delta – is influenced by six countries aggravate the situation. Integrated water resources management and fostered cooperation and information exchange are pressing needs for the sustainable development of the Delta.

Oxford Handbook of the International Relations of Asia

Author : Saadia M. Pekkanen
Publisher : Oxford University Press, USA
ISBN 13 : 0199916241
Total Pages : 841 pages
Book Rating : 4.1/5 (999 download)

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Book Synopsis Oxford Handbook of the International Relations of Asia by : Saadia M. Pekkanen

Download or read book Oxford Handbook of the International Relations of Asia written by Saadia M. Pekkanen and published by Oxford University Press, USA. This book was released on 2014 with total page 841 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook examines the theory and practice of international relations in Asia. Building on an investigation of how various theoretical approaches to international relations can elucidate Asia's empirical realities, authors examine the foreign relations and policies of major countries or sets of countries.

Vietnam-China Agricultural Trade

Author : Le Hai Binh
Publisher : ISEAS-Yusof Ishak Institute
ISBN 13 : 9814951587
Total Pages : 42 pages
Book Rating : 4.8/5 (149 download)

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Book Synopsis Vietnam-China Agricultural Trade by : Le Hai Binh

Download or read book Vietnam-China Agricultural Trade written by Le Hai Binh and published by ISEAS-Yusof Ishak Institute. This book was released on 2021-03-18 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural products are one of Vietnam’s most important exports, contributing considerably to the overall export turnover of the country. Vietnam’s agricultural exports are easily affected by external factors. It is overly dependent on the Chinese market, and its agricultural products do not as yet meet strict global standards. Challenges facing Vietnam’s export of fruits and vegetables to the Chinese market include technical barriers, long risk assessment periods, restrictions on products exported through official quotas to the Chinese market, and frequent changes in China’s policy on border crossings. The ongoing COVID-19 pandemic has underscored the importance of market diversification to this sector. To further develop its agricultural export sector, Vietnam needs to gather and consolidate information on import standards and guide its farmers on product quality requirements. Besides, efforts to gradually diversify its markets are essential for it to avoid being dependent on a small number of partners and markets. Vietnam’s participation in international organizations such as ASEAN, APEC, WTO, and AEC exemplifies its increasingly active efforts at seeking new development opportunities. The seventeen bilateral and multilateral free trade agreements which have been signed by Vietnam partly demonstrates efforts at achieving market diversification.

Asian Yearbook of International Law, Volume 23 (2017)

Author : Seokwoo Lee
Publisher : BRILL
ISBN 13 : 9004415823
Total Pages : 343 pages
Book Rating : 4.0/5 (44 download)

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Book Synopsis Asian Yearbook of International Law, Volume 23 (2017) by : Seokwoo Lee

Download or read book Asian Yearbook of International Law, Volume 23 (2017) written by Seokwoo Lee and published by BRILL. This book was released on 2019-12-16 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Yearbook aims to promote research, studies and writings in the field of international law in Asia, as well as to provide an intellectual platform for the discussion and dissemination of Asian views and practices on contemporary international legal issues.

Regulation Changes on Exports

Author : United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Near Eastern and South Asian Affairs
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis Regulation Changes on Exports by : United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Near Eastern and South Asian Affairs

Download or read book Regulation Changes on Exports written by United States. Congress. Senate. Committee on Foreign Relations. Subcommittee on Near Eastern and South Asian Affairs and published by . This book was released on 1982 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Real North Korea

Author : Andrei Lankov
Publisher : Oxford University Press
ISBN 13 : 0199390037
Total Pages : 350 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis The Real North Korea by : Andrei Lankov

Download or read book The Real North Korea written by Andrei Lankov and published by Oxford University Press. This book was released on 2015 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Real North Korea, Lankov substitutes cold, clear analysis for the overheated rhetoric surrounding this opaque police state. Based on vast expertise, this book reveals how average North Koreans live, how their leaders rule, and how both survive

U.S.-Korea Free Trade Agreement: Potential Economy-Wide and Selected Sectoral Effects, Inv. TA-2104-24

Author :
Publisher : DIANE Publishing
ISBN 13 : 1457818116
Total Pages : 393 pages
Book Rating : 4.4/5 (578 download)

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Book Synopsis U.S.-Korea Free Trade Agreement: Potential Economy-Wide and Selected Sectoral Effects, Inv. TA-2104-24 by :

Download or read book U.S.-Korea Free Trade Agreement: Potential Economy-Wide and Selected Sectoral Effects, Inv. TA-2104-24 written by and published by DIANE Publishing. This book was released on with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Political Economy of Vietnam’s Industrial Transformation

Author : John Walsh
Publisher : Springer Nature
ISBN 13 : 9811601518
Total Pages : 124 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis The Political Economy of Vietnam’s Industrial Transformation by : John Walsh

Download or read book The Political Economy of Vietnam’s Industrial Transformation written by John Walsh and published by Springer Nature. This book was released on 2021-03-01 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an overview of political economic change in Vietnam during a period of significant social and economic change and an era of international turbulence. It combines various political economic perspectives to offer an integrated and comprehensive review of Vietnam’s recent development, discussing topics such as public administrative reform, labour markets and special economic zones, environmental management and other important contemporary issues. This concise and highly readable book includes a considerable amount of research, and as such provides valuable insights for scholars and researchers interested in political economic change and in Vietnam.

Rights Claiming in South Korea

Author : Celeste L. Arrington
Publisher : Cambridge University Press
ISBN 13 : 1108841333
Total Pages : 361 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Rights Claiming in South Korea by : Celeste L. Arrington

Download or read book Rights Claiming in South Korea written by Celeste L. Arrington and published by Cambridge University Press. This book was released on 2021-05-27 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: An analysis of rights-based activism in South Korea, including case studies of women, workers, disabled persons, migrants, and sexual minorities.

Korea and the Fall of the Mongol Empire

Author : David M. Robinson
Publisher : Cambridge University Press
ISBN 13 : 1009116592
Total Pages : 317 pages
Book Rating : 4.0/5 (91 download)

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Book Synopsis Korea and the Fall of the Mongol Empire by : David M. Robinson

Download or read book Korea and the Fall of the Mongol Empire written by David M. Robinson and published by Cambridge University Press. This book was released on 2022-03-31 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Korea and the Fall of the Mongol Empire explores the experiences of the enigmatic and controversial King Gongmin of Goryeo, Wang Gi, as he navigated the upheavals of the mid-fourteenth century, including the collapse of the Mongol Empire and the rise of its successors in West, Central, and East Asia. Drawing on a wealth of Korean and Chinese sources and integrating East Asian and Western scholarship on the topic, David Robinson considers the single greatest geopolitical transformation of the fourteenth century through the experiences of this one East Asian ruler. He focuses on the motives of Wang Gi, rather than the major contemporary powers, to understand the rise and fall of empire, offering a fresh perspective on this period of history. The result is a more nuanced and accessible appreciation of Korean, Mongolian, and Chinese history, which sharpens our understanding of alliances across Eurasia.