The Asian revolution


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The Asian revolution

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The Asian revolution

  1. 1. Asian Revolution
  2. 2. Question Topic 3 - The Asian Revolution: Explain this phenomenon by researching the favourable PESTL environments in Malaysia and Vietnam. Using examples of overseas and indigenous MNCs, explain whether the positive growth trend in these economies are sustainable. Is the 21st century an Asian Century?
  3. 3. Content 1. Discuss PESTL of Malaysia an Vietnam 2. Example of MNCs in Vietnam 3. Example of Malaysian MNCs investment 4. Is the 21st century an Asian Century?
  4. 4. Political
  5. 5. Population: 28,334,135 National territorial area:329,847 km2 Malaysia is a federal constitution al elective monarchy. The system of government is closely modelled on that of the Westminster parl iamentary system.
  6. 6. Population: more than 90,000,000 National territorial area: 331,210 km2 The Socialist Republic of Vietnam is Vietnam of the world's four remaining single-party socialist states officially espousing communism.
  7. 7. Economy-Malaysia  The economy of Malaysia was the third largest economy in South East Asia in 2012. Malaysia GDP averaged 65.56 USD Billion fro m 1980 until 2012, reaching an all- time high of 303.53 USD Billion in December of 2012.
  8. 8. Economy-Vietnam  Government encouraged private ownership of farms and factories, economic deregulation and foreign investment, while maintaining control over strategic industries since 1980s.  The Vietnamese economy subsequently achieved strong growth in agricultural and industrial production, construction, exports and foreign investment.
  9. 9. Social-Malaysia  Malaysia has a multi-ethnic, multicultural, and multilingual society.  Approximately 61.3% of the population practice Islam, 19.8% practice Buddhism, 9.2% Christianity  The various ethnic communities in Malaysia were significantly separated by differences of language, religion, residence, economic activity, and dietary habits.
  10. 10. Social-Vietnam  According to the 2009 census, the dominant Viet or Kinh ethnic group constituted nearly 85% of the population.  About 85% of Vietnamese identify with Buddhism  The traditional focuses of Vietnamese culture about humanity and harmony; family and community values are highly regarded.
  11. 11. Technology-similarities  Both countries have paid significant attention to science and technology investment  In 2010, Vietnam's total state spending on science and technology equaled around 0.45% of its GDP.  Training in scientific areas was promoted during the 1970s and 1980s. From 1987-1997 research and development used 0.24% of GNP-Malaysia  The two countries had well infrastructures
  12. 12. Technology-differences  Malaysia is one of the world's largest exporters of semiconductor devices, electrical goods, and information and communication technology products. In an effort to create a self-reliant defensive ability and support national development  Vietnamese scientists have made many significant contributions in various fields of study, most notably in mathematics. Vietnam is currently working to develop an indigenous space program, and plans to construct the US$600 million Vietnam Space Center by 2018.
  13. 13. Legal-Malaysia  Peninsular Malaysia and the East Malaysian states of Sabah and Sarawak each have a high court.  Malaysia's legal system is based on English Common Law, alongside a Sharia court system for Malaysian Muslims.  The federal government has no authority over civil law cases among Malays or other Muslims and other indigenous peoples, adjudicated under Islamic and traditional law
  14. 14. Legal-Vietnam  Vietnam’s judiciary also is hampered by a shortage of lawyers and rudimentary trial procedures.  In an effort to increase judicial independence, the government transferred local courts from the Ministry of Justice to the Supreme People’s Court of Vietnam  Vietnam lacks an independent judiciary, in part because the Vietnamese Communist Party (VCP) selects judges and vets them for political reliability.
  15. 15. • The European Chamber of Commerce in Vietnam is one the principle voices of the business community in Vietnam. The chamber was established in 1998 to help develop Vietnam into an attractive investment destination and trading partner for European business.
  16. 16. Aim and objectives:  Improving the regulatory framework for investment- licensing; implementing a one-stop shop  Protecting and enforcing more efficiently intellectual property rights (IPR)  Upgrading skills and productivity of Vietnam labour force - vocational training and higher education  Reducing Bureaucracy in Vietnam  Tackling Red Tape and Corruption  Continuing administrative reforms
  17. 17. Malaysian MNCs • Malaysia Airlines, the country's national carrier, was first incorporated as Malayan Airways Limited (MAL) on 12 October 1937 • Malaysia Airlines' present fleet of 88 aircraft, operates more than 250 departures a day. It boarded 13 million passengers in 2011, generating revenues of MYR 13.6 billion (US$ 4.5 billion). • On 1 February 2013, Malaysia Airlines became a full-fledged member of oneworld alliance and is now connected to some 850 destinations in 150 countries.
  18. 18.  PROTON is Malaysia's leading automotive manufacturer with 25 years of innovation and exports to over 25 countries  Today, it has over a dozen models in its stable with more than 3 million units sold
  19. 19. Countries with Proton cars: In red - Malaysia In blue - Current market In green - Former markets In yellow - Special markets
  20. 20. Conclusion Is the 21st century an Asian Century?  Approximately 4.3 billion people, it hosts 60% of the world's current human population  Asia‘s carbon dioxide emissions are lower than in developed countries such as Europe and the North America  Asia has ahead in Europe and North America in the application of science and technology  Asia's emerging economies are more dynamic than Europe and North America developed economies
  21. 21. Asia Rising!
  22. 22. Question! What do you think of rising Asia?
  23. 23. THANK YOU
  24. 24. Reference list  Ang, James B. 2009. Financial Development and Economic Growth in Malaysia. New York: Routledge.  Kevin, Young. 1980. Malaysia, growth and equity in a multiracial society. Washington: The International Bank for Reconstruction and Development.  MNC Group. 2012. EUROCHAM.  Marr, David G. 1992. Vietnam. Oxford: Clio Press.  Nair, Chandran. 2012. Is the 21st Century the Asia Century? Accessed September 9,  The Asian Revolution and Australia. 1969. Sydney: Association for International Co-operation and Disarmament.  Vietnam balance of Trade. 2013. Trading Economics.  Vietnam Index. 2010. Servat unibe.  Welcome to Green-Biz. 2013. GREEN-BIZ.  We acknowledgement Google image as resource of PPT slides.