The impact of risks on business operationsof the companies in Vietnam

• Main Authors: Nguyen Huu Nam, 阮友南
• Other Authors: 陳思慎
• Format: Others
• Language: en_US
• Published: 2011
• Online Access: http://ndltd.ncl.edu.tw/handle/46826143947537634022

碩士 === 樹德科技大學 === 金融與風險管理系碩士班 === 99 === Since joining the World Trade Organization (WTO), the Vietnamese Government and businesses have been actively trying to take advantage of the strengths, available natural resources, and local labor force to compete with other countries in attracting foreign investment, developing production, and providing services. In addition, the Vietnamese Government and businesses especially have paid attention to developing foreign trade because it has brought about tremendous economic benefits. Foreign trade is an economic activity on the international scale, it is no longer restricted to the territory of a country. Therefore, it requires businesses to equip themselves with knowledge of international business, work skills, and, but on the world market at the macro or in the process of negotiation, conclusion and implementation of foreign trade contracts at the micro, there many factors that increase uncertainty, which in business is called business risk. Once you''ve decided to join the business, companies always have to accept face many risks, loss of reputation and the property. Consequences of risk, losses occur not only for business but also a great influence to the whole society. And it is important that businesses can avoid the limitations and risks, losses to improve business performance and sustain the existence in the marketplace? answer these enterprises can completely accomplish, if promoting risk management function by strengthening identification, control risks and losses. Therefore, the need to understand the nature of the risk of loss, analyze its impact on businesses, from which a full selection of preventive measures limited to the lowest level if possible. International trade in the last few decades has experienced significant growth, but the benefits and costs of increased integration is still a hot topic, said a specific relationship of open trade and the instability has received great attention. One solution, but this relationship is through a professional model: countries that entered the specialized field of study in a concrete risk after the open of trade, they may feel in increased instability in macroeconomic Games. This mechanism is also related to the recognition that trade is very important to justify not stable output (export) Indeed differences in the trade of nations must be guided by the model specialization and diversification of exports, new risks are eliminated. But diversification is not the only way to lower risk levels. Among the countries with the export structure safest actually Vulnerability is a national one, and the least specialized. Risk level of the low country because they specialize in the areas of the safest it less likely to cause fluctuations in world markets. Vietnam''s economy by just integrating into the world economy, so business experience in the market at the micro and the macro-and micro of Vietnam is very limited. Therefor the risk management in foreign trade is very important issue.