Vietnam Asia S Rising Star

The drivers behind the world's most exciting growth story. For more than 25 years, Vietnam has been one of the most dynamic countries in the world in terms of GDP growth, trade, investment, and other business metrics. The key question is whether or not the country can continue this growth for another 25 years. If it can, Vietnam will become a high-income country like South Korea and Taiwan, the original Tiger Economies of Asia. Engaging in conversations about Vietnam’s future is challenging. Locals are often too focused on the present while foreigners are caught up in legacy and political issues of the past. Many observers also focus on the short term, a specific economic metric, or inevitably Vietnam’s political system without considering the big picture or recognizing long term trends. The authors researched and analyzed a broad range of drivers to assess a possible future for Vietnam, and Vietnam – Asia’s Rising Star is the result of these efforts. What Others Are Saying “Vietnam – Asia’s Rising Star should be read by anyone with an interest in Vietnam and anyone else with an interest in the future of Asia.” —Carlyle A Thayer, professor emeritus, University of New South Wales, Canberra

China's diplomatic strategy has changed dramatically since the mid-1990s, creating both challenges and opportunities for other world powers. Through a combination of pragmatic security policies, growing economic clout, and increasingly deft diplomacy, China has established productive and increasingly solid relationships throughout Asia and around the globe. Yet U.S. policymakers are still trying to comprehend these critical changes. Rising Star provides a coherent framework for understanding China's new security diplomacy and guiding America's China policy. Bates Gill has completely updated his original analysis, focusing on Chinese policy in three areas: regional security mechanisms, nonproliferation and arms control, and questions of sovereignty and intervention. Looking to the future, he offers specific recommendations for a balanced and realistic approach that emphasizes what China and the United States have in common, rather than what divides them. The main arguments and recommendations of the original book continue to hold true and, in many respects, are more compelling now than ever before given China's continued ascendancy.

Growing global trade flows and integration has led to continuous and accelerating changes to our global supply chains over the past decades. Recent macroeconomic events, new technological developments, and most notably Covid-19, are envisioned to push global supply chains in further transforming and adapting. How will companies look into issues of resilience, security, and digitalisation in their supply chains and operations?Global Supply Chains in a Glocal World aims to answer these mission-critical questions via a series of articles contributed by academics and senior management covering different industry sectors such as healthcare, food, e-commerce, textiles, mobility, and FMCG, as well as geographical, risk management, and technological perspectives. Proffering varied views of what has happened during the Covid years and what it means for the future, this book provides academics and practitioners a valuable resource when they navigate their next steps in an increasingly turbulent world.

Drawing on the studies by the Asia Competitiveness Institute (ACI) at the Lee Kuan Yew School of Public Policy (LKYSPP), National University of Singapore (NUS), this book titled Balanced, Sustainable and Competitiveness Enhancement Study for Vietnam: A Critical Evaluation with Development Potentials, which is a joint research collaboration between the National Research Project on Improving Vietnam's Competitiveness and ACI-LKYSPP-NUS, provides a detailed assessment of the Vietnamese economy. We contend that Vietnam is at a critical juncture in its development whereby a new wave of far-reaching reforms is required to address persistent structural weaknesses and unleash the country's economic potentials. In addition, Vietnam's new growth model must tackle widening regional disparities which puts Vietnam at risk of becoming one country with two economies where the southern region of Vietnam pulls too far ahead of its northern and central counterparts. Based on our analysis, we propose a comprehensive policy roadmap for Vietnam to achieve balanced and sustainable development for enhanced competitiveness. The successful completion of this reform agenda will set Vietnam firmly on a dynamic growth path which will allow the country to catch up with the more advanced ASEAN member states by 2040.

This book provides an in-depth analysis of the close cultural links between India and Vietnam. It discusses the issues of trade negotiations under the Regional Comprehensive Economic Partnership (RCEP) and the Indo-Pacific construct. Issues such as strengthening the economic partnership, contemporary development challenges posed by the COVID-19 pandemic, including weakening supply chains, and geo-strategic tensions are explored in this book. It enriches understanding of the potential of the two countries to develop as manufacturing hubs for the region and beyond. Given the more aggressive posturing by China in 2020, the concluding chapter includes the policy prescriptions with a futuristic vision, for India and Vietnam to catalyze their strategic and bilateral partnership. Well researched and analytical, the book draws extensively from several interviews of experts, diplomats, journalists, businesspersons, and members of the diaspora. It is a must read for students, researchers, think tanks, area study centers, and all institutions engaged in Asian studies, encompassing narratives extending from the developmental to political, from the bilateral to the multilateral and from the geo-economic to the geo-strategic.

Twenty-first-century supply chains have evolved into world-wide inter-connected supply-and-demand networks comprising vastly more complex operations, with profound inter-dependencies and exposure to greater volatility in our uncertain world. The linear concept of a chain is therefore no longer adequate to describe these complex international networks of suppliers, stakeholders, partners, regulators and customers that are involved in ensuring the efficient and effective movement of products, services, information and funds around the world - we are firmly in the era of Global Supply Chain Ecosystems. Exploring the latest market trends and industry developments across emerging, developing and developed markets, in Global Supply Chain Ecosystems industry leader Mark Millar presents detailed and practical insights that will help you capitalise on market opportunities, overcome supply chain challenges and make better informed business decisions. In addition to highlighting key supply chain shifts such as the move beyond globalisation back towards regionalisation, this ground-breaking new publication explores several critical aspects of global supply chain ecosystems - including visibility, resilience, sustainability and collaboration.

This book investigates the institutional characteristics of state-linked firms in Vietnam to draw lessons for investors/MNCs targeting Vietnam and other emerging markets in the region. Vietnam and many other ASEAN countries have gone through a period of privatization and equitization of wholly controlled SOEs, with the State retaining partial ownership in many privatized businesses. This book explains the dynamic relationships between the State, BODs, shareholders, and regulators and their influence on corporate governance and SOE performance. This book differs from other publications in that it extrapolates the findings from our study to a broader context on how the defined internal mechanisms implicate the local economy and global supply chains/markets. This book investigates robust theoretical foundations, and rigorous applied empirical research underpin the role of the State in SOEs. It differs from other studies in terms of qualitative and empirical research to provide the contextual setting to elucidate how to successfully navigate emerging market business with the State as an "owner-participant." This book explains the theoretical constructs of corporate governance in SOEs, applies empirical research methodologies, and draws results to validate inferences to (1) investigate the link between the board of directors and ownership attributes and agency cost levels using Vietnamese listed firms for the period from 2006 to 2013, (2) evaluate the effectiveness of State's corporate initiatives and monitoring through its sovereign wealth fund known as the State Capital Investment Corporation (SCIC), and (3) infer and explain the motivation of the State as a shareholder. This book takes cognizance of Vietnam's idiosyncratic institutional (using its sovereign wealth fund as an investment vehicle and management proxy), economic, regulatory, and corporate environments and the realities for developing an effective and sustainable business model, vis-à-vis the ownership structure, board of directors' composition and corporate governance, for better business performance. While the focus is on Vietnam, the content is also relevant to the role of the State in other emerging markets as a player in shaping the business strategy, model, and direction of SOEs.