scholarly journals Assessing the development potential of modern retail in Vietnam

Author(s):  
Tran Tuan Anh

Vietnam retail market is one among the attractive retail markets in the world. The development of retail market leads to the formation and development of modern retail formats. Currently, the modern retail formats like supermarkets, commercial centers, convenience stores are gradually replacing the traditional forms of retail stores such as markets and individual business. This study was conducted to assess the development potential of modern retail in Vietnam. The foundation of this development is the growth of the size of the domestic retail market, the increasing degree of urbanization and the rapid increase of foreign investment projects in the retail sector, thanks to Vietnam's economic progress of integration with the world economy. The study results showed that after about the first 20 years of formation and development, the modern retail formats are entering the stage with strong development potential.

2016 ◽  
Vol 3 (2) ◽  
pp. 129-134
Author(s):  
Prashant Kumar ◽  
Kavita

Foreign Direct Investment (FDI) in retail has recently generated tremendous high spirits for a few and concern for others. It is supported that it will open floodgates for foreign retailers to speculate and can modification the retail landscape forever in India. FDI in retailing is much talked concerning subject by politician, media, trade specialist and industry experts. The Indian Retail market particularly the small Kirana store is not so well known by the actual means of FDI. The views given by politicians on the topic are terribly numerous and changes from party to party and person to person that has supplementary confusion in mind of those individuals. Retailing in Indiais the pillar of economy and accounts for about 22 percent of its GDP. The Indian retail sector is estimated to be US $500 billion and one of the top five retail markets in the world. India is the fastest growing retail markets in the world with 1.2 billion people.The Retail Business in India is presently at the point of inflection. As of 2008, speedy amendments with investments of US $ 25 billion were being planned by many Indian international firms within the next 5 years. The present study intends to explore the growth trends of FDI in Indian retail sector and also determine the SWOT (Strengths, weaknesses, opportunities and threats) analysis of Indian retail Industry.Int. J. Soc. Sci. Manage. Vol-3, issue-2: 129-134


2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Prerna Kumar

There has been a boom in the retail sector, and along with that the countrys economy is also growing. Today, India is among the growing retail destinations of the world with high growth prospects. Indian retail industry is ranked amongst the ten largest retail markets in the world. There are many big private players competing for market share, in this industry with the most innovative marketing tactics and programmes. Relationship Marketing is a very successful technique which is used extensively to retain customers and to gain repeat business from them. It is widely acknowledged and practiced across all industry sectors. The present study is conducted to determine how the effectiveness of the relationship marketing programmes are perceived differently by customers of different educational qualifications and income groups for select departmental stores in Indore city.


Author(s):  
Adedokun J. Olusegun ◽  
Akinsanmi Fatima ◽  
Fasasi Abiodun Wakeel

Science and technology capabilities are fundamental for social and economic progress in African countries and they are crucial components aimed at fostering growth and development of every nation as they create impact on the various sectors of governments. Maintaining and Strengthening the contributions of science and technology become more important for Africa in addressing traditional development issues and successful application of science and technology entails establishing effective institutional framework and linkages so that the various science and technology institutions and the productive sectors work in a system that is focused on achieving developmental goals without undue duplication and completion. Unfortunately, many developing countries especially the poor countries in West Africa do not have human resources, physical and economic infrastructures and access to capital to take full advantage of the science and technology expertise and achievements of the developed countries like the USA, China, and Korea etc. Conclusively, it is imperative for Africa especially West African countries to embrace science and technology as a vital tool for accelerating their socio-economic development as science and technology enhances its international competitiveness and more importantly its position in the world economy.  


2020 ◽  
Vol 8 (1) ◽  
pp. 7
Author(s):  
Viacheslav M. Shavshukov ◽  
Natalia A. Zhuravleva

After the global crisis of 2008–2009, the world economy entered the era of restructuring. This article focuses on the risks that a new leader will face in the process of shaping the world economy. The methods employed in the research include big data processing of continuous change and the results of the symmetric macroeconomic analysis based on the statistics collected by the International Monetary Fund (IMF), The Word Bank (WB), Bank for International Settlements (BIS), Central banks and Treasuries. The study results proved that the recessionary processes, their depth and global nature, are caused by a combination of world financial system crises and general civilization problems. These new systemic risks for the world economy might result in new global crises that will limit the resources of international financial institutions for sustainable development. Besides, for most banks these crises will mean shifting a big share of derivatives to the off-balance liabilities, using Special Purpose Vehicle (SPV) in deals, followed by an increase in state and corporate debts, trade wars, a slowdown of economic development in China, and widening contradictions between global and national finances. Regular research and systematization have developed certain guidelines for the global economic restructuring process. First of all, it is recommended on the base of interstate compromises to focus on international agreements to ensure a solid foundation for global finance. On the basis of the comparative analysis carried out for the USA, China and other counties, it was made clear that no one leader in world economy in 21st century views the world reserve as based on the currency of one country only. Instead, there will be a slow transition to using Special Drawing Rights (SDR) with a basket from 15–20 currencies G20.


2018 ◽  
Vol 44 ◽  
pp. 00075
Author(s):  
Valentin Sokolov ◽  
Galina Karpova ◽  
Alena Kuryleva

Many experts relate rehabilitation of the world economy to forming a new technological platform. In this work we made an attempt to show the trends in the interrelation between capital and output in the conditions of forming new technological platform. In order to do that, we used a modified productive function with technical progress saving labor consumption. Even though this model bears a simulative character, it has all the required capabilities to calculate interrelations “capital/output” for long periods of time and can be a tool to investigate the economical dynamics with consideration of the new character of the economic progress.


2021 ◽  
Vol 298 (5 Part 1) ◽  
pp. 63-71
Author(s):  
Yaroslava Moskvyak ◽  

The large-scale development of the world tourism market, which combines the formation of different types (directions) of tourism and the expansion of the network of tourist destinations, in recent decades has made international tourism one of the key engines of socio-economic progress. And all thanks to the creation of many jobs, a large segment of commercial enterprises, significant profits from foreign trade contracts and infrastructure development. Dynamic development, diversity of social functions and growth of the role of tourism as a branch of the world economy in the context of globalization raise before researchers and practitioners the question of harmonization of tourism with natural, sociocultural, environmental and economic, information and technological capabilities of individual countries and regions and the world economy. in general, ie the need to consider the entire industry of tourism services in terms of the concept of sustainable development. Considers the definitive characteristics of the concept of “professional and business tourism”, the main approaches to understanding the concept, the main methods of research of professional and business tourism, the problems of professional and business tourism in Ukraine and prospects for its development, foreign experience of professional and business tourism and opportunities for Ukraine. The analysis of features of development of professional and business tourism in Ukraine and its prospects is carried out. Theoretical and methodological bases of research of professional and business tourism are substantiated. The main approaches to the understanding of professional and business tourism, methods of research of professional and business tourism, methods of research of professional and business tourism are also revealed. Prospects for the development of professional and business tourism in Ukraine, directions of modernization of the sphere of professional and business tourism, foreign experience of professional and business tourism and opportunities for Ukraine are considered.


2021 ◽  
Vol 10 (1) ◽  
pp. 479
Author(s):  
Inna Kovalchuk ◽  
Victoria Melnyk ◽  
Tetiana Novak ◽  
Anna Pakhomova

The tendencies of development and peculiarities of agribusiness enterprises activity are established within this research framework. Globalization and liberalization processes have spread rapidly over the past two decades, attracting more and more countries and linking their economies to the world economy. The agro-industrial sector of the economy deserves special attention in international cooperation, characterized by a particular feature, linking geopolitical, economic, social, environmental, sanitary, hygienic norms and rules. Therefore, the experience gained by countries that have long been members of the WTO and have passed certain stages of development and regulation of the tax policy of agribusiness enterprises is worth studying, analyzing, and implementing. The comparative analysis of the results of the realization of the state policy in the field of taxation of agribusiness is carried out during recent years. This research paper analyzes the generalized experience of economically developed countries in the formation of tax policy in the field of agribusiness regulation and identifies opportunities for its application in Ukraine. The study results determine the practical significance of the article, which is determined by the possibility of using the proposed mechanisms to improve the tax policy in the field of agribusiness regulation and identify opportunities for its application in Ukraine.


2019 ◽  
pp. 1-2
Author(s):  
Shambhu Kumar Gupta

Foreign direct investment (FDI) in multi-brand retailing in India is a red-hot topic, yet the kerfufe over it is hardly new. As a concomitant of globalization of the world economy since 1990s the barriers to international trade are fast disappearing and in consequence there is in an increasing and uninterrupted ow of goods and services across the world. This paper is a modest attempt to study the Govt. policy for the development of FDI in Indian Retail Sector


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