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prices which are Status Of Transition From Socialism

Vietnam is a country whose economy is evolving.  Its rapidly changing economy is facing significant alterations in the process of transition.  Vietnam is moving away from its current economy, which is a non-market socialist one, towards a market economy with a socialist orientation.  Vietnam is one of the poorest countries in the world with a Gross Domestic Product of only $300.  High levels of population along with the proper training will allow Vietnam to effectively use its number one resource, people.  Australia plays a key role in assisting Vietnam's economic growth and development through their aid programs.
Economic reforms are changing Vietnam from an agricultural rich economy to a service industry one.  Throughout the years, agriculture, as a percent of Gross national product, has decreased from year to year, while service and industrial are increasing.  This steady decline is because of the changing situation with its economy.  With this decrease, migration to cities and towns is usually normal, but not in this case, as Vietnam has stayed primarily rural.  The main agricultural cash crops in Vietnam are rice, coffee, cashews, corn potatoes rubber, soybean and tea.  Clothing, computers and electronics are a growing part of the economy as well.  Tourism is the largest industry in the service sector.
In Vietnam land sales are not permitted.  This is because of the communist rule, and the ownership of all land by the state.  During the current economic reform to a market system of economy, household farms have replace the once popular collective farms.  Land rights are guaranteed to the families for twenty years on farmland and fifty years for forestland.  Though the farmers can still not own land they do have the right to use it, rent it, inherit it, and well as claim it as collateral.
The changing economy has caused the industrial and service sectors to steadily expand.  With this increase, many  are being dominated by state owned industries.
Along with the escalating change towards a market economy, competition within the private sector has also risen due to the fact that state owned enterprises are increasing as well.  If these state owned enterprises were private then economic efficiency would be increased as well.  This in turn would benefit the Vietnam economy and people.  The government has instated rules so this can happen.  They have also forced the state owned enterprises to be self- sufficient.  They are now highly self-sufficient.  They are self-run, determine what their production inputs and outputs are, and are responsible for the financing and accounting of their firm.  Though they seem to be individual entities, the government still has a strong hold on them because the governments has complete ownership of the firm, even though there are shareholders.  
With the institution of Doi Moi the economy of Vietnam has experienced a very strong growth.  The past decade the Gross Domestic Product averaged 7.5%.  Throughout the most recent years the growth has not been as severe but still positive.  It was gaining strength as 2000 began but has been slowing down.  There is still a positive growth but not as significant as in the mid 90s.  See following chart for the Real GDP Growth in %.



Towards the end of the 90s many factors accounted for this slow down.  Economics reforms were slowing as well.  State owned enterprises and banks were becoming inefficient as well. This, along with a decrease in demand and consumption, a decrease in foreign and local investing, as well as a decrease in outputs all contributed to the slow down in economic growth.  So, as this slow down became evident, changes needed were made in order to increase the GDP.  In the year 2000, certain things happened which did in fact raise the growth in real GDP.  The world economy was growing and manufacturing and commodity prices were improving as well.  Along with a rapid growth in the industrial sector as well as the non-state sector Vietnam was able to recover from a slowing GDP growth quickly.
In order to accelerate the economic growth more and reduce the poverty, which seems to be plaguing the country, the Vietnam Government installed Doi Moi reforms.  This process was accelerated by the collapse of the Soviet Union, formerly Vietnam's ... more

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Telecommunications Advances

Today, telecommunications technology affects lives to a greater degree than ever
before. Communication has evolved over many years from the earliest attempts at
verbal communication to the use of sophisticated technology to enhance the
ability to communicate effectively with others. Every time a telephone call is
made, a television is watched, or a personal computer is used, benefits of
telecommunication technologies are being received. The concept of
telecommunications may be defined as the transmission of information from one
location to another by electronic means. Telecommunications is using electronic
systems to communicate. Life is changing constantly and has been changing faster
since the rapid advancements in telecommunication. Because of continuing
attempts to find better and more efficient ways to communicate, the process of
communication has steadily improved. Many of these improvements were made
without the use of electronic technology. Human beings earliest attempts at
communication were through nonverbal means such as facial expressions and
gesturing. The use of these nonverbal signs, prehistoric people were able to
communicate emotions such as fear, anger, and happiness. More specific motions,
such as pointing, allowed them to convey more information . Verbal communication
probably started with a series of disorganized but meaningful sounds (grunts and
snarls). These sounds slowly developed into a system of organized, spoken
language that truly allowed humans to share information (Croal 59). Writing,
which is the use of symbols to represent language, began with early cave
drawings, progressed to picture writings such as hieroglyphics, and finally
evolved into the handwritten language we use today (Croal 61). As civilization
developed, people found it necessary to communicate their ideas to one another
over greater distances. The earliest method of transporting information was to
carry it from place to place; but as the development of commerce made speed an
essential part, greater effort was expended to increase the rate at which ideas
were transmitted (Croal62). The search for rapid transport of information led to
the formation of the pony express in 1860 (Cozic 77). Although the pony express
required several weeks to carry mail from the East Coast to the West Coast, it
was a vast improvement over the earlier methods. The pony express was not the
only time humans teamed up with animals to attempt to improve communications.
Dogs and pigeons were used to carry messages, especially during wartime . Most,
if not all, of the early forms of communication had two significant problems.
Both the speed at which information could be effectively communicated and the
distance over which information could be sent were severely limited. With the
advancements in forms of electronic communication, these problems were solved.
It was even before the pony express that a true technological breakthrough was
made. In 1844, the first electronic transmission occurred when Samuel Morse
developed a system of dots and dashes to symbolize letters of the alphabet. A
transmission device called the telegraph was used to send the coded signals over
wires. The telegraph was to become the primary method of reliable and rapid
communication during the American Civil War . It took quite a few years to link
the major cities of America by telegraph wires, but by 1861 the pony express was
replaced . Telegraphic communication became a major part of Americas business
and military history. One of the early telegraph companies, Western Union,
became the dominant carrier. Today, Western Union, through the use of modern
technology, transmits information twenty-four hours a day, seven days a week.
Actual voice communication over distance finally became possible in 1876 when
Alexander Graham Bell held the first telephone conversation with his assistant,
Thomas Watson . This alternative to written communication rapidly helped the
telephone become the worlds most important communication tool. By 1866 the
first successful attempt to link Europe and America by undersea cable had been
accomplished. This cable was capable of carrying telegraph data only . The
telephone today remains a vital tool, and like the telegraph, the telephone is
constantly being improved by modern technology . By 1900, the goal of
communication technologists was to find a method of transmitting messages over
long distances without the need for wires. That dream became reality in 1901
when Gugliellmo Marconi and two assistants stood on a hill in Newfoundland and
listened carefully to their receiver. Faintly they heard the Morse code
dot-dot-dot, the letter s. the signal had traveled 1,700 miles from
Cornwall, England, and it represented the first successful wireless
transmission. This success led Marconi to form Marconi Wireless Telegraphy
Company. It was not until the Titanic disaster in 1912, however, that wireless
transmissions became commercially profitable. As ... more

prices which are

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  • P: Demand Curves P: Demand Curves Demand Curves Demand is the quantity of a commodity that will be required at any given price over some given period of time. For the majority of the goods and services, experience shows that the quantity demanded will increase as the price falls. (Stanlake 155) This characteristic can be shown by a demand curve. A demand curve is a graphical representation of the data in table with values of demand called a demand schedule. A good that is in greater demand do to income increases is known as ...
  • R: Status Of Transition From Socialism R: Status Of Transition From Socialism Status Of Transition From Socialism Vietnam is a country whose economy is evolving. Its rapidly changing economy is facing significant alterations in the process of transition. Vietnam is moving away from its current economy, which is a non-market socialist one, towards a market economy with a socialist orientation. Vietnam is one of the poorest countries in the world with a Gross Domestic Product of only $300. High levels of population along with the proper training will allow Vietnam to effect...
  • I: Telecommunications Advances I: Telecommunications Advances Telecommunications Advances Today, telecommunications technology affects lives to a greater degree than ever before. Communication has evolved over many years from the earliest attempts at verbal communication to the use of sophisticated technology to enhance the ability to communicate effectively with others. Every time a telephone call is made, a television is watched, or a personal computer is used, benefits of telecommunication technologies are being received. The concept of telecommunicatio...
  • C: A Timeline of the Holocaust C: A Timeline of the Holocaust A Timeline of the Holocaust The Holocaust was the systematic, bureaucratic annihilation of six million Jews by the Nazi regime and their collaborators as a central act of state during World War II. In 1933 approximately nine million Jews lived in the 21 countries of Europe that would be occupied by Germany during the war. By 1945 two out of every three European Jews had been killed. Although Jews were the primary victims, hundreds of thousands of Roma (Gypsies) and at least 250,000 mentally or p...
  • E: Has the De Beer diamond lost i E: Has the De Beer diamond lost i Has the De Beer diamond lost i And while the law [of competition] may be sometimes hard for the individual, it is best for the race, because it ensures the survival of the fittest in every department. -Andrew Carnegie Since the 1930s when Sir Ernest Oppenheimer established the Central Selling Organisation, De Beers Consolidated Mines have controlled the selling and marketing of approximately 80% of the worlds rough diamond production (Capon, 1998). However, in 1996, Australian company, A...
  • S: Facts that lead to poverty: th S: Facts that lead to poverty: th Facts that lead to poverty: th Poverty occurs in most parts of the world. Nevertheless, the more serious and problematical poverty takes part in the third world and the southern parts of the globe. First of all, we have to clearly define the word poverty. In a broad sense, it means that people within this poverty region are poor or have a lower average income per capita than other regions. To a deeper approach, we refer poverty as people have low educational backgrounds, lack of food suppl...
  •  : Great depression 8 : Great depression 8 Great depression 8 The Great Depression of the 1930's was a worldwide phenomenon composed an infinite number of separate but related events. The Great Depression was a time of poverty and despair caused by many different events. Its hard to say what caused this worldwide depression because it's all based on opinion as opposed to factual data. There are many contributing factors but not one specific event can be pin pointed for starting the depression. It is believed that some events contribut...
  • W: French revolution-death of mar W: French revolution-death of mar French revolution-death of mar History C.A.T. 1 The Death of Marat , is an idealistic portrait painted by Jacques-Louis David, depicting the assassination of one of the leaders of the French Revolution, Jean-Paul Marat. Marat was a prominent member of a group of people called the Jacobins, and founder of a controversial newspaper publication, LAmi du Peuple (the Friend of the People). Through the title of his paper, he became widely acknowledged as just that. Marat used his the...
  • H: Marketing H: Marketing Marketing A firms international marketing program must generally be modified and adapted to foreign markets. This international marketing program uses strategies to accomplish its marketing goals. Within each foreign nation, the firm is likely to find a combination of marketing environment and target markets that are different from those of its own home country and other foreign countries. It is important that in international marketing, product, pricing, distribution and promotional strategi...
  • I: minimum wage I: minimum wage minimum wage By Brandon kingsley Should Minimum wage be increased? Introduction For many decades now, there has been heated debates concerning minimum wages and increases in those wages. Most people have a tendency to assume that when the minimum wage is increased people will benefit. They do not stop to think of the consequences that come from minimum wage increases. The general population merely assumes that people should make an adequate amount of income and never stop to consider the consequ...
  • C: final project C: final project final project Broadway Tavern Customer Satisfaction A Project Report Presented to the Faculty of the Greenville College in partial fulfillment of the requirement For the degree of Bachelor of Science with a Major in Organizational Leadership by Richard Starr Micheal Taylor Goal 27 April 20, 2001 This is to certify that the report prepared By: Richard Starr Entitled: Broadway Tavern Customer Satisfaction Has been accepted by the faculty of Greenville College. Signed: Primary Instructor: _________...
  • H: Anne Robert Jaques Turgot and His Relevance to the H: Anne Robert Jaques Turgot and His Relevance to the Anne Robert Jaques Turgot and His Relevance to the French Revolution Introduction Anne Robert Jaques Turgot, baron l' Aulne, was born in Paris on May 10, 1727 to a noble French family of Normandy. Following in the footsteps of his ancestors, who had furnished the state with numerous public officials, Turgot would achieve public renown as Intendent of Limoges and later as Controller General of all France. Although Turgot ended his public career in unfortunate circumstances, being dismissed by Lou...
  •  : Pesticides : Pesticides Pesticides Pesticides: What are they? Pesticides are chemicals that are used to destroy pests. In the agricultural industry, pesticides are classified into two categories, carcinogenic and non-carcinogenic. A carcinogenic pesticide is a substance or agent producing or inciting cancer. Conversely, a non-carcinogenic pesticide is substance that does not produce or incite cancer. Most agricultural pesticides were registered in the 1950s, with no standard regulations. The most considerable standa...
  • A: Great Depression A: Great Depression Great Depression The Great Depression was the worst economic slump ever in U.S. history, and one which spread to virtually all of the industrialized world. The depression began in late 1929 and lasted for about a decade. Many factors played a role in bringing about the depression; however, the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920's, and the extensive stockmarket speculation that took place during the latter part...
  • R: Electronic Commerce R: Electronic Commerce Electronic Commerce Electronic Commerce The last decade has seen the rise of many new technological developments, one of the most prominent of these developments has been the internet. The Internet has already managed to weave itself into our daily lives where we use it for the simple communication of e-mail or to retrieving large volumes of information. More recently the Internet has been incorporated into businesses which have ranged from 'online' grocers to travel agents and real estate agent...
  • E: Asian Crisis E: Asian Crisis Asian Crisis There are many speculations about the causes of the Asian Crisis. From my research I found out that there is quite a number of reasons for the Asian currency crisis. There is a book called; The East Asian Miracle, which was published by the World Bank. This book expressed the relationship between government, the private sector, and the market. (See Hoover Digest 1998 No.3. William McGurn. What went wrong?) The book talks about the economic bloom in Southeast Asia. The East Asian cou...
  • US Economy Expansion US Economy Expansion US Economy Expansion The million (or should we say 'billion' now) dollar question is whether or not the United States' economy will stay in it's record 107 month expansion (according to the index of leading indicators) or come out of the boom and take a downturn into a recession. Nobody, including the Chairman of the Federal Reserve, Alan Greenspan has a crystal ball to provide insight as to what will happen if interest rates are raised, lowered, or left alone. However, Economists have developed...
  • The French Revolution The French Revolution The French Revolution During the late 1700s, France followed in Americas footsteps towards their own revolution. A major shift in power would be seen within the short time period of 1789-1799, and with it a large advancement away from the absolutist government of France. During the late 1700s France was the most powerful estate in the world. The effects of the countrys revolution would soon spread from France to the rest of Europe and finally result in a continental war.The French Re...
  • Product Attributes Product Attributes Product Attributes The Brand/Product: 1.Attributes: The attributes are the product's primary characteristics, both physical and functional. They are what the consumer might recognize first about the product through the five senses. The physical attributes are what make the product what it is. They are scent, texture, package, contents, variety and price. The functional attributes are shown by how the products work. They include sun protection, moisture for the skin and an attractive promotion. 2...
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  • NAFTA NAFTA NAFTA In January 1994, the United States, Mexico, and Canada implemented the North American Free Trade Agreement (NAFTA). The goal of NAFTA is to create better trading conditions through tariff reduction, removal of investment barriers, and improvement of intellectual property protection. NAFTA continues to gradually reduce tariffs on set dates and aims to eliminate all tariffs by the year 2004. Before NAFTA was established, investing in Mexico was a difficult process. Investors needed the Mexic...
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  • Destruction Of The Rain Forest Destruction Of The Rain Forest Destruction Of The Rain Forest The Destruction of the Earths Rain Forests In the time you can read this sentence, eight acres of tropical rain forest will have been bulldozed and burned out of existence (Bloyd 49). However, this destruction has been neglected and overlooked for years. Many people do not understand the long-term consequences of losing the earths rain forests. The rain forests have provided people with many natural resources and medicines. The benefits that rain forest...