Vietnam Case study Flashcards
(11 cards)
Where is Vietnam located?
It is located in south-east Asia
It borders China, Laos, Cambodia and the South China sea
What is Vietnam’s regional importance?
It is the 5th largest economy in south east Asia
It has a link with China due to both being communist governments
As an ASEAN member, Vietnam has worked hard to secure peace and reconciliation among south east Asian nations
What is Vietnam’s global importance?
It is the World’s fifth largest exporter of textile goods
It is forecast to be one of the fastest growing economies in the world
Vietnam is one of the world’s biggest exporters of coffee
How is Vietnam’s structure changing?
Since the 1990’s there has been a large increase in the number of people working in the secondary sector
This has meant an increase in Vietnam’s economy (because manufactured goods will earn a country more money than primary goods)
How has Vietnam’s relationship changed with the world?
Until the 1990’s, trade was limited with most parts of the world except China as Vietnam was classed as a communist country
Now a member of the ASEAN - a large organisation in south-east Asia. It allows for greater free trade
In 2007, Vietnam joined WTO (World Trade Organisation) allowing greater trade with the rest of the world
What are the advantages of TNC’s in Vietnam (Nike)?
Nike and other TNC’s provide many jobs to low skilled workers who would not find jobs elsewhere
34 factories in Vietnam that provide jobs especially for young women and created 10,000 jobs
Wages paid are often higher than other companies, helping attract other TNC’s creating more jobs
Workers’ contribution to the local taxes help to pay for improvement in infrastructure and exports are positive contribution to the balance of payments
Nike has implemented education and training programmes that have improved literacy rates and job prospects for workers in the area
What are the disadvantages of TNC’s in Vietnam (Nike)?
The average working week at a Nike factory is 65 hours. In the UK the average person works 40 hours.
Despite the minimum wage of Vietnam being $45 a month, Nike have been seen to break this law paying people less than $1 a day
Many staff have begun to suffer from lung problems due to the chemical limits being 177 times over the legal limit in factories
Many workers report being beat over the head for mistakes and being banned from going to the toilet
There is no security of employment as other countries can offer better deals to Nike, so Nike will move leaving people unemployed
Most of the money returns to the USA where Nike headquarters are
How has Bilateral Aid helped Vietnam’s development?
The Uk donated £9.5 million to be spent on education - specifically aimed at increasing the percentage of ethnic minority children in full time education
This was successful. In 3 years, the percentage of ethnic minority children in full time education rose from 36% to 50%. This will directly improve the children’s quality of life
How does multilateral aid help development in Vietnam?
The World Bank aims to spend $150 million on developing roads.
The plan is to reduce travel times by over an hour and increase the safety of roads. This will make trade easier and allow better links between cities, aiding development
What are social impacts of development in Vietnam?
Increased life expectancy. From 59 years in 1960 to 76 years in 2010
Improved literacy rates. From 82% in 1979 to 94% in 2011
Improved access to clean water. From 77% in 2004 to 97% in 2016
What are some environmental impacts of development in Vietnam?
Increased air pollution. Nitrous oxide concentration is 1.3 times the recommended levels in Hanoi
19,000 new vehicles are registered a month, leading to increased CO2 emissions
For 265 days in 2013, air pollution was graded as unhealthy or dangerous in Hanoi
Water pollution has led to large scale death of fish
