1. Economic Development and the Environment in Vietnam
Overall, the forces of globalization – the integration of different economies and countries and the increased impact of global influences on all aspects of life and economic activity – has had both a positive and negative impact on the economic development of the Vietnamese economy. ... Global businesses and TNCs, such as Ford, has relocated production facilities in Vietnam in order to take advantage of Vietnam's low cost labour. ... Thus, the presence of global businesses, and the subsequent creation of new export markets, has allowed for aggregate supply to expand, fuelling...
- Word Count: 1293
- Approx Pages: 5
- Grade Level: Graduate