thuyết trình : How have most companies in Vietnam been financed since 1986 macroeconomics reform, and does this differ from other nations?

Subject: ENGLISH FOR BANKING AND FINANCE
How have most companies in Vietnam
been financed since 1986
macroeconomics reform, and does this
differ from other nations?
Topic:
Instructor: TRAN THI THANH THUY
Class: DHTN5A
(Mon, September 27)
Group 2

The list of group 2
members:
1. Nguy n Th L Huy nễ ị ệ ề 09082841
2. Đ ng Quỳnh H ngặ ươ 09087661
3. Lê Th Tuy t Linhị ế 09081571
4. Nguy n Th Ki u Myễ ị ề 09082161
5. L ng Th Bích Ng c ươ ị ọ 09071461
6. Đ Th Ng c Th oỗ ị ọ ả
09092221
7. H Thanh Th yồ ủ 09069331
8. Nguy n Th Th y Tiênễ ị ủ 09086941
9. Huỳnh Th Huy n Trâmị ề 09074961
10. Nguy n Th Lan Viênễ ị 09180651

CONTENTS
I. ECONOMIC REFORM IN 1986
1. Before the economic reform
2. The economic reform
3. After the reform period

II. THE CAPITAL MOBILIZATION OF VIETNAMESE
ENTERPRISES SINCE 1986
1. Change the number of enterprises since 1986
2. The capital mobilization of Vietnamese enterprises
since 1986:
2.1. The importance of capital
2.2. Forms of capital mobilization
III. THE COMPARISONS WITH OTHER NATIONS-
SINGAPORE

I.ECONOMIC REFORM
IN 1986
1. Before the economic reform:
Centrally
planned
economy
Government
controls all
major
sectors of
the economy
the economy
of the
Soviet Union
There are not the private companies
Centrally
planned
economy
the economy
of the

Soviet Union
Government
controls all
major
sectors of
the economy
There are not the private companiesThere are not the private companies


I.ECONOMIC REFORM IN
1986
2. The economic reform:
Doi moi (the usual English spelling of
Vietnamese
Đ i m iổ ớ
= "renovation") is
the name given to the economic
reform initiated in Vietnam in 1986.

2. The economic reform:
I.ECONOMIC REFORM IN
1986
Đ I M IỔ Ớ
The Sixth Party
Congress in late
1986
No concentrating
primarily on
heavy industries
For a “socialist-

oriented market
economy”
•
Food production
•
Boosting private
domestic
investment &
foreign investment
• Interference of
the state
pertaining to
business activities
Focus:
Đ I M IỔ Ớ

Doi Moi was launched at the Sixth Party Congress
in late 1986

3. After the reform period:

The economy has experienced rapid
growth.
I.ECONOMIC REFORM IN
1986


Vietnam is in the period of integrating
into the world's economy as a part of
globalization and the country has been

rising as a leading agricultural exporter
and an attractive foreign investment
destination in Southeast Asia.


Almost all Vietnamese enterprises are
SMEs with some nationwide trademarks
such as VNPT, Vinamilk, Trung Nguyên,
Kinh Do and others. Vietnam has been


II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986
1. Change the number of enterprises
since 1986:
- The total number of state-owned
enterprises:
5 600
3 000
12 300
in the year 1989
2001
2005
1 000
2010

1. Change the number of enterprises
since 1986:
- The first private company: Toan
Thang Company ( Hanoi) in 1988

- Private economy has developed
rapidly in both quantity and quality:
The number of firms on average
increased 22% in the period 2000
-2009.
II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986

II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986
1. Change the number of enterprises since
1986:
private companies
46 000
in the year 2009

II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986

In 2008, regional non-state economy
contributing nearly 47% of GDP, including
the important contribution of private
economy; a local number even higher rate
as Ho Chi Minh City is 51.4%, Can Tho
province is almost 73%


II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986
2. The capital mobilization of Vietnamese

enterprises since 1986:
2.1. The importance of capital:
as important as
The capital
in an
company
The blood
in a body
Conditions to exist!

II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986
2.2. Forms of capital mobilization:
(1) Signing loan agreements with
credit organizations, investment funds.
> Loaning money from the bank
> Foreign direct investment (FDI): playing
a signifcant role in capital accumulation
since Doi Moi.

II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986

II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986
2.2. Forms of capital mobilization:
(2) Joining in Stock Exchange:
- Issuing bonds.
- Buying and selling stocks.
- Financing from shareholders.

II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986
2.2. Forms of capital mobilization:
(3) Raising funds by “prestige”:
- Using capital from partners,
customers.
- Borrowing money from the relatives:
Relatives as family, friends, colleagues
is the capital of your abundance.

II. THE CAPITAL MOBILIZATION OF
VIETNAMESE ENTERPRISES SINCE 1986
2.2. Forms of capital mobilization:
(4) Creating own capital sources:
- Creating high liquidity for the goods.
- Property sale: You can sell some assets you
own such as housing, cars, stocks, jewelry
- Debt collection: Debt is the single thing
has always existed in the industry predicted.
Make sure that your debts must be collected at
the highest level and in the shortest possible
duration.

III. THE COMPARISONS WITH
OTHER NATIONS:
Singapore:

- The economy of Singapore is a
developed country and highly

developed state capitalist market
economy.

III. THE COMPARISONS WITH
OTHER NATIONS:
Singapore:
- Forms of capital mobilization:
(1) Attracting investment funds: Singapore's
largely corruption-free government, skilled
work force, and advanced and efficient
infrastructure have attracted investments
from more than 7,000 multinational
corporations from the United States, Japan,
and Europe. Also present are 1,500
companies from China and another 1,500
from India