Western investment in Vietnam - the trials of a new frontier

Article Abstract:

Vietnam continues to attract foreign investors despite its highly underdeveloped economic status and the imposition of international restrictions on the country. Investors carry the inherent belief that the country holds vast unrealized potential. Among the problems facing foreign investors in Vietnam are an ongoing US-imposed trade embargo, the lack f infrastructure, outdated communication systems, spiraling inflation, and the presence of a strong black market. Bureaucracy, the lackadaisical attitude of the government, and a nonconvertible currency likewise contribute to Vitenam's anemic economic growth. Investors intent on tapping the nation's rich natural resources, low-cost labor and financially strategic location would do well to exert caution in the selection of a local partner or agent, ensure the availability of financial support, and harness political clout.

Foreign investments, Vietnam

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Western arms sales to the Middle East: competition or cooperation

Article Abstract:

Differing foreign policies of NATO member nations are, to some extent, reflected in the arms trade each nations conducts in the Middle East. The present situation reflects a competitive rather than cooperative approach. In seeking a more cooperative approach the economic importance of arms trade must be assessed for each member nation. Even when the economic factors are worked out, cooperation in arms trading will be tenuous owing to a lack of overall NATO strategic policy regarding the Middle East.

Defense industries, International aspects, Statistics, Middle East, Firearms industry, Firearms industry and trade, Military assistance, Foreign military assistance, Armaments, Military weapons

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Western firms jostle for a share in Japan's retail revolution

Article Abstract:

Changes in Japan's trade policy will encourage an increasing number of Western firms to enter the lucrative Japanese retail market. The Japan-US Structural Impediments Initiative has offered retailers several incentives, including longer shopping hours, tax incentives, and a simplification of the 'coordination process' on applications for establishing a large store in Japan. Toys 'R' Us is one of the first US stores to enter the Japanese market, with plans to open 100 stores in Japan by 2000.

Retail Stores, NEC, Foreign operations, Japan, Retail industry, Retail trade, Marketing, Economic policy, Corporations

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