The Digitalization of Business: Vietnam’s Perspective.
As the digitalization becomes the key factor to raise the competitiveness of companies, as well as of the investment attractiveness of recipient countries, the Socialist Republic of Vietnam (SRV) may find it difficult to benefit from this process. The research question is why Vietnam, in spite of successful efforts to increase its investment attractiveness, may miss opportunities presented by the emerging digital business environment. The academic novelty of the paper account for the reveal of the repercussions generated by the global trend towards the digitalization of businesses for Vietnam. The approach to the research question is based upon general academic methods like observation, study of documents and comparison. The primary sources of the paper, a significant part of which is published in the Vietnamese language, include the statistics of Ministry of Finance of Vietnam, Ministry of planning and investment of Vietnam, interviews with the SRV’s government officials, as well as the UNCTAD and the World Bank reports. The principal findings of the study reveal that while Vietnam has succeeded in strengthening its attractiveness as an investment destination, the country still possesses insufficient resources to respond to the forthcoming global digitalization of businesses and incentivize companies to continue investing in the SRV. In this connection, a set of recommendations on how to rectify maters is presented by the authors.
The author regards the main principles of an overall method of assessing the investment attractiveness of IT-projects and underlines the diffusion of service-oriented architecture (SOA) at the moment. Among modern works taking SOA into consideration in the framework of the methodology of assessing information systems (IS) economic efficiency, he detaches the approach based on event-driven process chain (EPC) extension.
Article is devoted to research of the Belarusian-Russian relations since the end of 2013. The policy of Minsk passed deep evolution for the last year: from perfect allied rhetoric of A. Lukashenko before support of Kiev in the conflict in the southeast of Ukraine and smuggling crisis in the relations between Moscow and Kiev. The political reasons of political evolution of the Belarusian management are considered in this article.
In the era of globalization Russia as one of the dynamic development markets became attractive to foreign investors willing to get high return and ready to take high risks. The aim of this article is to examine the investment flows and changes of its volume and direction in the periods of stable economic grows and economic crises 1998 and 2008-2009 years, weather we can say that Russia is the international investment center in recent years or it suffers from great capital outflow. According to practice there are two major kinds of investments: portfolio and direct investments. The former are more speculative, the latter - more stable and lead to technology and experience spreading. Ernst & Young European Investment Monitor illustrates the tendency of turning the international investments to development markets using the criteria of the sum of investments projects with participation of foreign investor, the article examines weather it is possible to prove this fact using data of flows of portfolio and direct foreign investments in the Russian market. As that is not a secret that Russian economy is mostly dependent on oil prices, this factor is also taken into account. As a whole the author outlines short-term, medium-term and long-term signs of investment attractiveness of Russia and proves that there is much to be done to make Russia the international investment center.
This collection of papers comprises materials contributed for discussions at three international conferences held at the Institute for Far Eastern Studies, The Russian Academy of Sciences from 2010 through 2012. The collection consists of six sections covering the main areas of Vietnamese studies and touching upon various aspects of Vietnam’s internal and foreign policies as well as social and cultural life in the country during its long history.
Scott L. Newbert, PhD, is associate professor of management, Harry Halloran Emerging Scholar in Social Entrepreneurship, and Anne Quinn Welsh Faculty Fellow in Honors at Villanova University. His research on the socioeconomic impacts of entrepreneurial activity and valuation strategies for small firms has been published in numerous journals, including Strategic Organization, Small Business Economics, and Entrepreneurship Theory and Practice. He received his doctorate in strategic management and entrepreneurship from Rutgers University.
This collection includes materials presented for discussion during three theoretical and practical conferences held at the Institute for Far Eastern Studies, the Russian Academy of Sciences, in 2013 through 2015 and published in Russian under common title of the Vietnam Studies in Russia. The papers in this title were selected among those submitted by Russian scholars only and published in issues 4 through 6 of the Vietnam Studies. It aims at acquainting foreign readers and researchers with current state of and case studies on Vietnam in Russia. The authors of presented topics are fulltime employees in major research centers of Russia, such as academic institutions, first of all the Centre for Vietnam and ASEAN studies, IFES RAS, and university centers in Moscow, St. Petersburg and Vladivostok. The collection consists of six subject sections covering the main areas of research and touching upon various realms of Vietnam's internal and foreign policies, social and cultural processes in that country. Part one includes papers discussing the current trends in relations between Russia / USSR and Vietnam. Part two analyzes political situation in Vietnam and its challenges in the region. Part three looks at Vietnam's socio-economic development under the impact of renovation reforms and market economy building. Part four highlights different episodes of Vietnam's history, and Part five represents studies in cultural area. Part six consists of topics on Vietnamese linguistics and literature. The original papers in this collection rely on a wide range of sources and documents, and reflect their authors' own findings. The authors' views do not necessarily represent those of the collection compilers. This collection is the second of its kind in the Russian Federation and is intended for distribution abroad. Volume One was edited by IFES RAS and published by Forum Publishing House in 2014.
Paper is focused on pros and cons analysis of the existing approaches to competitiveness measurement. Illustrative example for Russia is shown. New competitiveness indicator is proposed.
We address the external effects on public sector efficiency measures acquired using Data Envelopment Analysis. We use the health care system in Russian regions in 2011 to evaluate modern approaches to accounting for external effects. We propose a promising method of correcting DEA efficiency measures. Despite the multiple advantages DEA offers, the usage of this approach carries with it a number of methodological difficulties. Accounting for multiple factors of efficiency calls for more complex methods, among which the most promising are DMU clustering and calculating local production possibility frontiers. Using regression models for estimate correction requires further study due to possible systematic errors during estimation. A mixture of data correction and DMU clustering together with multi-stage DEA seems most promising at the moment. Analyzing several stages of transforming society’s resources into social welfare will allow for picking out the weak points in a state agency’s work.