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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?
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?
National territorial area：329，847 km2
a federal constitution
al elective monarchy.
The system of
closely modelled on
the Westminster parl
Population: more than 90,000,000
National territorial area: 331,210 km2
The Socialist Republic
of Vietnam is Vietnam
of the world's four
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
Government encouraged private ownership of farms and
factories, economic deregulation and foreign investment,
while maintaining control over strategic industries since
The Vietnamese economy subsequently achieved strong
growth in agricultural and industrial production, construction,
exports and foreign investment.
Malaysia has a multi-ethnic, multicultural, and multilingual
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.
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
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
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
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$600 million Vietnam Space Center by 2018.
Peninsular Malaysia and the East Malaysian states of
Sabah and Sarawak each have a high court.
Malaysia's legal system is based on English Common
Law, alongside a Sharia court system for Malaysian
The federal government has no authority over civil law
cases among Malays or other Muslims and other
indigenous peoples, adjudicated under Islamic and
Vietnam’s judiciary also is hampered by a shortage of
lawyers and rudimentary trial procedures.
In an effort to increase judicial independence, the
government transferred local courts from the Ministry of
Justice to the Supreme People’s Court of Vietnam
Vietnam lacks an independent judiciary, in part because
the Vietnamese Communist Party (VCP) selects judges and
vets them for political reliability.
• The European Chamber of Commerce in Vietnam
is one the principle voices of the business
community in Vietnam. The chamber was
established in 1998 to help develop Vietnam into
an attractive investment destination and trading
partner for European business.
Aim and objectives:
Improving the regulatory framework for investment-
licensing; implementing a one-stop shop
Protecting and enforcing more efficiently
intellectual property rights (IPR)
Upgrading skills and productivity of Vietnam labour
force - vocational training and higher education
Reducing Bureaucracy in Vietnam
Tackling Red Tape and Corruption
Continuing administrative reforms
• Malaysia Airlines, the country's national carrier, was first
incorporated as Malayan Airways Limited (MAL) on 12
• Malaysia Airlines' present fleet of 88 aircraft, operates more
than 250 departures a day. It boarded 13 million passengers
in 2011, generating revenues of MYR 13.6 billion (US$ 4.5
• 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.
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
Countries with Proton cars:
In red - Malaysia In blue - Current market
In green - Former markets In yellow - Special markets
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
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
What do you think of rising
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
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. http://greenbiz2013.com/en/.
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