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Emerging Market Study - Vietnam, Philippines and Thailand: Group-10
Emerging Market Study - Vietnam, Philippines and Thailand: Group-10
Philippines Its capital city is Manila while its most populous city
is Quezon City; both are part of Metro Manila.
(Republic
of the Its location on the Pacific Ring of Fire and close to
the equator make the Philippines prone to earthquakes
Philippines) and typhoons.
Philippines is the latest industrialized country with its
economy deeply rooted in agriculture, but in recent
years services and manufacturing.
Demography of the Philippines
Density 320.08/km²
Area 342,353 km²
Capital City Manila
Region South-Eastern Asia
Population 109 mn(2019)
Official languages Filipino, English
Demography of the Philippines
SWOT
Analysis Opportunity Threats
Capitalizing on Enterprise Quest for Non-India Fluctuating Political Environment
Options IP Protection, Privacy and Data
Government Support
Security Concerns
Critical Mass of Service Providers
Middle-Management Scarcity
Intellectual Property Rights Ownership
India "Overshadow"
New Markets and Services
Mode of Entry and Recommendations
OPPORTUNITIES THREATS
• Expansion of production base from other countries. • Global competition from other countries.
• Growth in Healthcare sectors and Shortage of Pvt hospitals. • Takeover by strong organisations.
• Abundance in natural resource and Agri products. • Lack of National direction both direction and implementation.
• Tourism and customer intake to country. • Lack in financial opportunities limited number of banks.
• Export and import of services to the country.
Mode of Entry and
Recommendation
The sector recommended is “Healthcare Sector”.
Healthcare Sector contributes to 4.3% of GDP.
80% of Medical equipment and other are imported.
Increased consumption of Drugs, Narcotics etc.
Shortage of Private Hospitals and Medical Professionals.
We recommend “Franchising” for the pharmacy and “Joint
Venture” with existing hospitals.
Vietnam
Currency Calligraphy
Reformed
Stable Economic Developed IT Human
Administrative
Growth Infrastructure Resources
Procedures
Strength Weakness:
Vietnam's location on the South China Sea gives the country access to the The generally poor state of the road network. Despite new highway
main inter Asian shipping routes, as well as access to the developing land construction, only 13.5% of the road network is considered to be in good
transport links with ASEAN countries, allowing the country scope to condition, only 26% has two or more lanes and only 29% is tarred.
develop its trade logistics. Corruption among government officials poses a major threat to the
Relations with the US are generally improving, and Washington sees Hanoi legitimacy of the ruling Communist Party.
as a potential geopolitically in South East Asia. Vietnam still suffers from substantial trade, current account and fiscal
Vietnam has been one of the fastest-growing economies in Asia in recent deficits, leaving the economy vulnerable as the global economy continues to
years, with GDP growth averaging 7.6% annually between 2000 and 2009. suffer in 2010. The fiscal picture is clouded by considerable 'off-the-books'
Large, skilled, low-cost workforce has made Vietnam attractive to foreign spending.
investors. Vietnam's infrastructure is still weak. Roads, railways and ports are
inadequate to cope with the country's economic growth and links with the
outside world.
Opportunities: Threats:
The beginnings of local commercial vehicle production, which will help Vietnam risks losing out to neighboring countries if it can't develop its
improve the stock of lorries used by road haulage companies. infrastructure to keep up with the pace of demand.
The government recognizes the threat that corruption poses to its legitimacy Although strong domestic control will ensure little change to political scene
and has acted to clamp down on graft among party officials. in the next few years, over the longer term, the one-party-state will probably
WTO membership has given Vietnam access to both foreign markets and be unsustainable.
capital, while making Vietnamese enterprises stronger through increased Prolonged macroeconomic instability could prompt the authorities to put
competition. reforms on hold, as they struggle to stabilize the economy.
Vietnam is increasingly attracting investment from key Asian economies, Ongoing trade disputes with the US, and the general threat of American
such as Japan, South Korea and Taiwan. This offers possibility of transfer of protectionism, which will remain a concern.
high-tech skills.
Mode of Entry and
Recommendations
The sector recommended is “BPO Services”
BPO Services generate $2bn revenue.
BPO industry has reach $11.4mn in 2018 from
$4.2mn in 2011, which is up by 15%.
We recommend “Strategic Alliance” with
existing BPO Services