Sectoral Analysis of Trade, Investment and Business in Vietnam

213 Pages·1999·17.711 MB·English

by  Tran Van Hoa (eds.)

SECTORAL ANALYSIS OF TRADE, INVESTMENT
AND BUSINESS IN VIETNAM
Also by Tran Van Hoa
CAUSES AND IMPACT OF THE ASIAN FINANCIAL CRISIS (editor
with C. Harvie)
CONTRIBUTIONS TO CONSUMER DEMAND AND
ECONOMETRICS (editor with R. Bewley)
ECONOMIC DEVELOPMENT AND PROSPECTS IN THE ASEAN
(editor)
NATIONAL INCOME AND ECONOMIC PROGRESS (editor with
D. S. Ironmonger and 1. O. N. Perkins)
THE MACROECONOMIC MIX IN THE INDUSTRIALIZED WORLD
(editor with 1. O. N. Perkins)
TRENDS AND ISSUES IN TRADE, INVESTMENT, AND BUSINESS
WITH VIETNAM AND EAST ASIA (editor)
VIETNAM'S REFORMS AND ECONOMIC GROWTH (co-author
with C. Harvie)
Sectoral Analysis of
Trade, Investment and
Business in Vietnam
Edited by
Tran Van Roa
Associate Professor of Economics
University of Wollongong
Australia
First published in Great Britain 1999 by
MACMILLAN PRESS LTD
Houndmills, Basingstoke, Hampshire RG21 6XS and London
Companies and representatives throughout the world
A catalogue record for this book is available from the British Library.
ISBN 978-1-349-14628-4 ISBN 978-1-349-14626-0 (eBook)
DOI 10.1007/978-1-349-14626-0
First published in the United States of America 1999 by
ST. MARTIN'S PRESS, INC.,
Scholarly and Reference Division,
175 Fifth Avenue, New York, N.Y. 10010
ISBN 978-0-312-21762-4
Library of Congress Cataloging-in-Publication Data
Sectoral analysis of trade, investment and business in Vietnam /
edited by Tran Van Hoa.
p. cm.
Includes bibliographical references and index.
ISBN 978-0-312-21762-4 (cloth)
I. Vietnam-Commerce. 2. Vietnam-Economic conditions.
3. Industries-Vietnam. 4. Investments-Vietnam. 5. Vietnam
-Foreign economic relations. I. Tran, Van Hoa.
HF3800.5.z5S43 1998
380.1 '09597-dc21 98-23860
CIP
Selection, editorial matter and Chapters 1 and 21 © Tran Van Hoa 1999
Chapters 2-20 © Macmillan Press Ltd 1999
Softcover reprint of the hardcover 1s t edition 1999
All rights reserved. No reproduction, copy or transmission of this publication may be made
without written permission.
No paragraph of this publication may be reproduced, copied or transmitted save with
written permission or in accordance with the provisions of the Copyright, Designs and
Patents Act 1988, or under the terms of any licence permitting limited copying issued by
the Copyright Licensing Agency, 90 Tottenham Court Road, London WIP 9HE.
Any person who does any unauthorised act in relation to this publication may be liable to
criminal prosecution and civil claims for damages.
The authors have asserted their rights to be identified as the authors of this work in
accordance with the Copyright, Designs and Patents Act 1988.
This book is printed on paper suitable for recycling and made from fully managed and
sustained forest sources.
10 9 8 7 6 5 4 3 2 1
08 07 06 05 04 03 02 01 00 99
To my loving wife
Souraya
and my loving daughters
Danielle and CybeJe
Contents
Acknowledgements ix
Notes on the Contributors Xl
1 Sectoral Analysis of Trade, Investment and
Business in Vietnam 1
Tran VtmHoa
2 Vietnam's Agriculture and Its Prospects
to 2000 7
Nguyen Trung Que
3 Vietnam's Construction Industry: Prospects
for Foreign Investors 15
To Ngoc Thanh
4 Education and Training in Vietnam:
Development Orientations to 2020 25
DangBaLam
5 Vietnam's Energy Industry and Its Prospects 39
Nguyen Van Thach
6 Banking and Financial Operations in Vietnam 53
JCTC staff
7 Vietnam's Forestry and Prospects 65
Pham Van Khoi
8 Vietnam's Information Technology and Its
Development Prospects to 2000 69
Nguyen Cong Hoa
9 Land Management in Vietnam 81
Nguyen Tien Nhuan
10 Vietnam's Mineral, Oil and Gas Resources:
Perspectives to the Year 2000 87
Nguyen Cia Kim
vii
viii Contents
11 Vietnam's Post and Telecommunications
Prospects 101
Nguyen Dung
12 Privatization of Vietnamese Enterprises 107
Pham The Tho
13 Public Administration in Vietnam 121
Nguyen Anh Tuan and Tran Van Hoa
14 Science-Technology in Vietnam 137
Kim liln Chinh
15 Vietnam's Tourism 149
Vu Tuan Canh
16 Transport-Communication in Vietnam 159
ICTC staff
17 Vietnam Radio-Television: Investment and
Business Prospects 167
Nguyen Anh Dung
18 Vietnam and ASEAN: Relationships and
Implications for Commerce and Investment 177
Nguyen Khac Thanh
19 Vietnam's Manpower: Sources and Issues 183
ICTC staff
20 Official Development Assistance (ODA)
Programme 191
Nguyen Khac Than
21 Trade, Investment and Business in Vietnam:
Issues in Development and Operation 203
Tran VanHoa
Index 207
Acknowledgements
This book is the third in a series of books on the spectacu-
1ar achievements in economic development attained in
recent years by the countries in South East Asia in particu
lar and in the Asia Pacific Economic Co-operation
(APEC) region in general. We are committed to prepare
and publish in our triennial (1995-7) university-industry
research project to satisfy the demand from a wider read
ership interested in these achievements and the prospects
arising from them for use in studies in trade, investment,
business and other commerce. The readership we are
aiming at includes the business community (corporations
and individual investors), government trade agencies,
chambers of commerce and industry, and other institu
tions, academics, economic advisers, business economists,
management and strategic consultants. It is also intended
for students of international trade, business and economic
development who, during the course of their investigation
and planning, require a well researched, soundly analytical
and quantitative assessment of the available emerging
market, market size, structure and pattern of consump
tion, production and finance, significant trends, competi
tiveness and business opportunities.
The research for the book was carried out during 1996
as part of our work for the project Foreign Investment in
Vietnam, which has been funded partly by the Australian
Research Council of the Department of Employment,
Education and Training and partly by the Vietnam
Institute for Trade (formerly the Research Institute for
Foreign Economic Relations, the Ministry of Trade) for
the triennium 1995-7. The researchers and contributors to
the book are experts in their own right in their own
country who, fortunately for us, have agreed to collaborate
to provide us with an authorirative survey and reliable
forecasts of the issues, problems, solutions, and opportuni-
IX
x Acknowledgements
tites for trade, investment, and business in Vietnam for use
or reference by all interested persons, be they local or
foreign. For its main objective, the book is focused
specifically on sectoral or industry-by-industry analysis,
and to meet this targeted scope, it covers in detail the con
ditions (as well as possible obstacles) of supply, demand,
finance, law and trade for all twenty sectors of the
economy of Vietnam, from agriculture and rural develop
ment to private, foreign direct investment and official
(governmental) development assistance.
During the preparation of the book, I have benefited
from the help and assistance of colleagues in the
Department of Economics and the Research Institute for
International Business at the University of Wollongong,
and from discussions with senior members of the NSW
Vietnam Chambers of Commerce. I have had great help,
understanding and encouragement in many forms from my
wife Souraya and daughters Danielle and Cybele during
the writing and editing of this book.
TRANVANHoA