Professional Documents
Culture Documents
1. OBJECTIVES
2. STRUCTURE OF THE PLAN
3. DEVELOPMENT OF THE STAGES
ANNEXES
1. Objectives
2. Structure of the Plan
ANNEXES
3. Development of the stages
1.3 Sector/competition
The information about the company/product is completed with an external analysis of the
sector in which the company is located, which makes it possible to identify those economic,
political, social or technological trends that most affect the international evolution of the sector
in which the company is located.
In this section some of the main Vietnamese and/or foreign exporting companies that supply
the product will be identified and information about them will be provided.
Once the business opportunities have been identified, the new products/services that are
proposed to be launched must be defined, as well as their main characteristics and the market
segment to which they are directed.
The general criteria to be taken into account and on which information must be obtained are:
• Evolution of Vietnamese exports of the product to these markets: analysis of the volume of
Vietnamese exports of the product marketed by the company will indicate whether sales of
products from Vietnam follow a growing or decreasing trend, or remain stable, as well as the
level of knowledge of the Vietnamese offer.
• Evolution of the exports of the main competitor country of that product to those markets: it is
about choosing the main competitor of Vietnam such as China or Mexico- and analyzing how
they have evolved its exports to these three countries. The more they have grown, the better
the market prospects will be.
• Potential demand (import volume of each country): knowing the import figure of the
analyzed product and the countries from which it imports will allow an approximation of the
size of the market and the competition that will have to be faced.
• Access barriers: this criterion analyzes the tariff, quantitative (quotas, quotas), technical
(certifications and approvals) and administrative (presentation of documents at customs)
barriers, which make the entry of imported products more expensive or difficult.
• Growth prospects: the country's economic situation must be assessed, and especially the GDP
growth forecast.
• Financial situation (non-payment risk): information on the country that affects the risk of non-
payment of its operations abroad, as well as the coverage instruments available (export credit
insurance, factoring, forfaiting, etc.).
• Svietnamese companies established in each country: the number of companies can be a good
reference for the presence of Svietnamese products or, even, potential customers to approach
initially.
To complete these general criteria, at least three specific criteria that are directly related to the
product to be marketed must be applied. These criteria will only be valid if relevant information
can be obtained for their assessment.
2.2 Comparative analysis
Once the information to assess both the general and specific criteria has been obtained, an
analysis will be carried out with the aspects for and against each of the three assigned countries
and determine which one is chosen as the market. aim.