This website uses cookies to ensure you have the best experience. Learn more

Vietnam: The New Route To Success

1075 words - 5 pages

This report is commissioned to develop a business expansion plan to Vietnam for Australian Agriculture Company Limited (AACo), the largest integrated cattle and beef producer in Australia. The paper also provides an analysis and assessment of the current and prospective opportunities as well as challenges in Vietnam regarding AACo’s business. The recent years have seen Vietnam growing in its importance in Australian foreign trade as its economy develops. Besides, Vietnam has also witnessed emergence of an affluent middle class citizens with rising disposable income who are more open toward western cuisine. This, coupled with a rapid development of the country’s modern trade concepts, has ...view middle of the document...

This study, demonstrating the significance of Vietnamese market for AACo’s success in South East Asia, set out to examine the opportunities and challenges for the company’s products in this market. Through the application of appropriate theories and research, analysis on the companies’ strength and current issues will be conducted. In addition, following an in-depth analysis on economic, political environments and current trends in the consumer sector of Vietnam, recommendations for AACo regarding possible modes of entry and specific strategies, together with possible implementation will also be presented.
According to the Food and Agriculture Organization of the United Nations, the global food demand will increase by 70% by 2050 (FAO, 2006). This trend has mainly being driven by higher world population, rising incomes and rapid urbanization, which are largely occurring in developing countries. It is also projected that increase in per capita incomes would shift human preferences toward higher protein diets and red meat demand in fast developing economies in Eastern Europe, South America and Asia. Furthermore, the majority of projected increase in the real value of world’s food imports is for meat (see Appendix 1). The projections by FAO also indicate that Asia is taking the lead in the agricultural food demand, accounting for 71% of the estimated increase by 2050 (FAO, 2009). Therefore, together with the increasing food production in the world, international trade will need to be boosted to meet this region’s demand.

Works Cited

AACo. (2012). Annual Report. Brisbane: Australian Agricultural Company Limited.
AACo. (2013). Annual Report. Brisbane: Australian Agriculturedal Company Limit.
AACo. (2014). Innovating To Meet Global Food Demand. Australian Agricultural Company Limited.
BCG. (2013). Vietnam and Myanmar, Southeast Asia's New Growth Frontiers. The Boston Consulting Group. The Boston Consulting Group.
Beef Central. (2014, March 18). International Trade. Retrieved May 11, 2014, from Beef Central: http://www.beefcentral.com/trade/article/4397
Brann, M. (2014, March 18). Retrieved May 15, 2014, from ABC Rural: http://www.abc.net.au/news/2014-03-18/red-star-agriculture-complex-in-vietnam/5325596
Business Monitor International. (2011). Vietnam Agri-Business Report Q4 2011. Business Monitor International.
Department of Foreign Affairs and Trade. (2009). Australia's Free Trade Agreement. Retrieved May 12, 2014, from Australian Government: Department of Foreign Affairs...

Find Another Essay On Vietnam: The new route to success

Success of the New Deal Essay

1904 words - 8 pages Success of the New Deal During 1929 many people invested in the stock market, this led to the stock becoming less and less valuable, this eventually led to the Wall Street Crash. The current Republican President, Herbert Clark Hoover was not seen to be doing enough so he was succeeded By President Franklin Delano Roosevelt' (FDR) , who would end the depression with his 'New Deal'. Roosevelt holds the unique distinction

The internet may be our route to success

937 words - 4 pages Over the past few months, you have expressed your lack of interest towards using the internet; this includes posting blogs and creating a website for the company. I respect your decision, however I feel that there is room for improvement. To increase marketability for this company there needs to be a website that represents this company; the use of blogging to promote events and promotions through the internet could yield amazing results

Opposition to the Vietnam War

1490 words - 6 pages foreign issues. Because of the new focus on national issues Americans finally saw the triumph of the Civil Rights movement. The Supreme Court case Brown v. Board of Education explicitly outlawed segregated public education facilities for blacks and whites, putting an end to the “separate but equal” clause. Political advocates of the Civil Rights movement encouraged young people to get involved with rallying and protesting legal public

Opposition to the Vietnam War

3112 words - 13 pages Jason Carranza Mrs. Gagne AP English III 22 March 2014 Opposition to the Vietnam War The Vietnam War created one of the most dividing periods of American history. Many saw the war as an unnecessary conflict that cost dearly in both money and lives. The United States’ involvement in the war was also considered to be unjustified. Despite the many difficulties faced during the controversial time, many activists raised issues in opposition to the

The Road to Success

715 words - 3 pages Success is an event that accomplishes its intended purpose. Success can and does mean different things to different people. Most people agree that accomplishing the goals that they set for themselves is success. Mary’s idea of success is getting a good education, in a profession that interests her, and eventually landing a job in that profession. Mary started on her road to success by doing the best she could do while she was in high school

The Path To Success

1145 words - 5 pages What really makes a person successful? It could be merely having good luck and being born with a God given skill or come from hard work and expanding one’s knowledge in order to receive a successful job. In some cases people can be born successful through a famous family or God given athletic skill, but in most cases success comes from hard work. Success is largely the result of hard work with a small part of success being taking advantage

The Path To Success

585 words - 2 pages The path to success There are several qualities to have to be successful in college. These qualities can range from attending class to going above and beyond what’s expected. Success comes from the journey taken or the path chosen. Success also comes from being prepared. As a student, I must step up to the challenge and find the path to success along the way. Several ways I define success is to uphold academic integrity, have the ability to

The Key To Success

762 words - 4 pages , but the aces who are hungry to succeed, will excel higher. Homework is the fruit of education; we learn the methods at school and we revise and comprehend new topics at home. Instructors may supply the homework, but keep in mind that they've done work too! Without homework, iPhones, iPads, and all electronic devices wouldn't exist. With homework everyone will be able to learn and therefore choose a job they love. It is the essence to victory

The ROAD to Success

2374 words - 9 pages The R.O.A.D. to Success Today in America, one prominent field is always in need of new workers: the medical field. The demand for physicians has steadily increased over the past few decades. Logically, this makes sense considering that the United States’ population has increased by nearly 70 million people in a span of 30 years (“Population”). Patients are limited to the doctors that are employed within a convenient distance; with a limited

The Road to Success

1812 words - 8 pages factors in the process; however one realizes that Europeans stand in the way of Africans reaching the same level of success as they worked for in life. In Kenya, Education was one of the ways the Africans could achieve their goal of land. When land was then available to them, it would result in wealth. Njoroge, one of the main charters in Weep Not, Child, was a young boy who starts to go to school at a young age. He know that his willingness to

The Ladder to Success

962 words - 4 pages further. So in conclusion, I found a person who started in one position and never saw himself going any further. Yet, as he started to find satisfaction in what he was doing, he realized others saw further potential, and decided to climb the ladder to success.

Similar Essays

"The Rigid Route To Awareness" Essay

1663 words - 7 pages country's history. We have truly come a long way. For that I'm proud. The victims in the stories were taken from actual victims in our country. The lessons learned by this is that fear takes us to unknown places but what we learn and gain from this knowledge is to come out of the road of darkness to face our fears and clear the path to a new direction. Arthur Miller and James Baldwin show us in their work that the majority is not always right. The

Anti Angiogenesis: The Route To Preventative Medicine

764 words - 4 pages signaling molecules, such as vascular endothelial growth factor (VEGF). When the inhibitors bind to VEGF, the VEGF receptor on endothelial cell surfaces remains inactivated. Therefore, new blood vessels do not grow. Some such inhibitors include Aspirin, green tea, and red wine, but there are many more. Since so many foods and drugs already contain anti-angiogenic properties, it is more of a matter of encouraging specified consumption, rather than

New Managers Guide To Success Essay

3493 words - 14 pages NEW MANAGER'S GUIDE TO SUCCESS HOW TO HELP GROUPS AND TEAMS WORK AT THEIR BEST Organisations are becoming aware of the benefits that group and team work can provide by increasing performance standards. As our workforce increases in diversity, the variety of work methods, values and attitudes held by individuals presents a challenge for managers. In maximising group performance, managers find that the most difficult aspect of group work

Is Capitalism The Best Route To Human Happiness?

3634 words - 15 pages /marx/works/1880/05/04.htmNewton, Lisa H. and Ford, Maureen M.. The classic Dialogue: Is Capitalism the Best Route to Human Happiness? Taking sides; Business Ethics and Society. 8th Edition; McGraw Hill, Pg 2-8Sahadi, Jeanne. Record High Number in Millionaires. CNN/Money, New York. http://money.cnn.com/2004/11/16/pf/millionaire_households/Tracinski, Robert. The Moral Basis of Capitalism. www.moraldefense.com/pilosophy/essays )http://www.wsws.org/articles/2005/jun2005/mill-jo8.shtml Wall Street Journal, May 25, 2005 issue