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Q: the development of Vietnam Economy and integration into the World Trade System ( Answered,   0 Comments )
Subject: the development of Vietnam Economy and integration into the World Trade System
Category: Business and Money > Economics
Asked by: nobleresearcher-ga
List Price: $20.00
Posted: 01 Oct 2004 07:00 PDT
Expires: 31 Oct 2004 06:00 PST
Question ID: 408863
plz provide me the information
Subject: Re: the development of Vietnam Economy and integration into the World Trade System
Answered By: pafalafa-ga on 01 Oct 2004 08:09 PDT
Hello there.

Sometimes, on the internet, one just hits the motherlode!

I'm sure that virtually all the information you would need on this
topic can be found at this single source below, from the World Bank's
section on Vietnam:,,contentMDK:20151907~menuPK:387586~pagePK:64027988~piPK:64027986~theSitePK:387565,00.html

Vietnam: Readiness for WTO Accession 

Vietnam has applied for entry into the World Trade Organization and as
such, its economy is being closely scrutinized, with a particular
emphasis on any issues regarding international trade.

There are more than 25 papers at this site that will provide you with
detailed information on the topic of your question.

Probably the most pertinent paper for starters is this:

Opportunities and challenges for Vietnam in WTO accession

The opening sections of the paper give a good overview of the main
issues confronting Vietnam as it enters the arena of global trade:


Prof. Dr. Do Hoai Nam
Director, National Center for Social Science & Humanity

It is imperative to explain the opportunities and challenges faced by
Vietnam in its WTO accession. In principle, opportunities and
challenges in integration for Vietnam now are affected by two major
factors. The first is the complex and fast changing international
context. The second is
Vietnam's specific issues in its own development. To come up with an
appropriate approach, the study on opportunities and challenges for
Vietnam in WTO accession should clarify these factors.

1. New international context, opportunities and challenges in
development for Vietnam
In recent period, the world situation changed rapidly and profoundly
as never before. The impact of globalization and the knowledge-based
economy forces developing countries to join the world economy system,
and the situation for them is much more difficult than before.

In general, the level of development in the modern world is measured
by the following indicators:

First, high speed of change and the faster pace of shortening in the
production and technology cycle.

Second, the global network structure and the complex nexus of the world economy.

Third, conditions for economic development become unstable and unpredictable.

Fourth, the balance of power is profoundly changing and driving the
world economy, with power concentrating in a few nations and
transnational corporations.

These new developments entail great challenges to the late comers as follows:

First, the reaction by governments and firms should be prompt and
effective in a high-speed global game.

Second, the cost of integrating into the global economy is high,
especially to the poor countries.

Third, competition at the global scale becomes vigorous. The
traditional comparative advantage based on natural resources and low
labor cost is diminishing in importance. Knowledge and skill become
determinants of competitiveness. The big challenge to late comer
countries is how
to continuously improve their comparative advantage and dynamic
competitiveness, created by human being in an integrated environment,
under the impact of economic globalization.


I think these opening comments provide an excellent overview for you,
and the remainder of this document -- along with the other documents
at this site -- should provide invaluable resources for your research.

Before rating this answer, please let me know if you need any
additional information.  Just post a Request for Clarification, and
I'll be happy to assist you further.

All the best,


search strategy:  Visited the World Bank site and found their Vietnam page.
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