Candidate: Trần Nhật Quang

Globalization: opportunities and challenges of Vietnam
Globalization is a process of interaction and integration among the people, companies, and governments of different nations, a process driven by international trade and investment and aided by information technology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. The United Nations ESCWA says globalization "is a widely-used term that can be defined in a number of different ways. When used in an economic context, it refers to the reduction and removal of barriers between national borders in order to facilitate the flow of goods, capital, services and labour... although considerable barriers remain to the flow of labor... Globalization is not a new phenomenon. It began towards the end of the nineteenth century, but it slowed down during the period from the start of the First World War until the third quarter of the twentieth century. This slowdown can be attributed to the inward-looking policies pursued by a number of countries in order to protect their respective industries... however, the pace of globalization picked up rapidly during the fourth quarter of the twentieth century..." Globalization has various aspects which affect Vietnam in many different ways: Economy, Culture, Society, Ecology,…

The first side of globalization we think about is economy. This is the huge change for Vietnam to develop the agriculture, industry, tourism, commercial, … "Globalization" give us the benefit of worldwide trade and exchanges in an increasingly open, integrated, and borderless international economy. There has been remarkable growth in such trade and exchanges, not only in traditional international trade in goods and services, but also in exchanges of currencies, in capital movements, in technology transfer, in people moving through international travel and migration, and in international flows of information and ideas. Technological advances that have significantly lowered the costs of transportation and communication and dramatically lowered the costs of data processing and information storage and retrieval comprise one such source. The latter stems from developments over the last few decades in electronics, especially the microchip and computer revolutions. Electronic mail, the Internet, and the World Wide Web are some of the manifestations of this new technology. The

to technological changes and to the more wideranging horizons of their managers. However. and participating in exhibitions in country and abroad. where organizations have a wider reach. They may discard or neglect their native language and dress as they attempt to copy the icons of mass-market entertainment and fashion” (Schaefer. disseminating. The second source of globalization economy is trade liberalization and other forms of economic liberalization that have led to reductions in trade protection and to a more liberal world trading system. 6th edition. globalization shortens the long-standing distance among different cultures. Japan. Latin American food in Ho Chi Minh City. individuals as technology property owners or authorised by the technology owners in technology transfer shall be encouraged to technology transfer and entitled to capital contribution in technology in investment projects in Vietnam. American. right here in Vietnam. The third source of globalization is comprised of changes in institutions.(2006). providing information of. Chinese. Italian. quickly adjusting to changing market conditions. people lose theirs traditional values and begin to identify with the culture of dominant nations. 2012… We can read famous books written by authors from US. “Simply put. Now we can enjoy goods and services with high quality and competitive prices as many foreign companies join our market. Moreover. that does not means globalization does no harm to the culture of our country. China… We can’t help from observe the appearance of restaurants serving Thai. profits and productivity of those firms that can choose among many nations for their sources of materials.T. globalization is fast and useful ways to present Vietnamese culture to the whole wide world. Japanese. McGraw Hill). For example. All organisations.state of Vietnam encourages technology development and transfer. demonstrating and introducing technology. Globalization does bring convenience and comfort to Vietnamese people. Advances in communication help eradicate geographic borders among countries and therefore connect our world. due. R. Vietnam has been active in investing in basic infrastructure for technology market. These changes in industrial structure have led to increases in the power. empowered by advances in communications. global reach. in part. One of the most concerning problems caused by globalization is the dominance of foreign culture on Vietnamese life. production facilities and markets. UK. EU. New Moon. . Sociology: A Brief Introduction. Especially. we can watch latest movies made in Hollywood: Avatar. The next integral aspect is culture.

These two factors make many business very conservative in their spending of environmental protection measures. The net effect of globalization is yearly increases in environmental damage. We have the benefit from new equipment. religions sooner or later will change too. the effect is cumulative pollution. . globalization has brought the impacts of capitalism in its final stages on Vietnam. Vietname’s ecology is also affected. under new circumstances. many countries that have cheaper labour like Vietnam also do not have the same environmental protections placed on their industry. As new business emerge. Not like above elements. When the economic foundation of the society changes. some health problems are emerging such as injury. Last but not least. however. The religious world is the reflection of the real world. Current globalization trends have caused a large negative impact on the environment. tobacco. Beside the health. overcoming challenges of globalization. Religious secularization is closely attached to the development and advancement of society. ecology takes more challenges to Vietnam. ethnic. Since North American businesses have to compete with other countries with cheaper labour. waste and exhaust fumes of industrial zone. Vietnam’s environment is contaminated by timeless transfer technology. Vietnam bypassed the stage of capitalist development to advance to socialism and therefore could not avoid experiencing the initial steps of the market economy. all to help the community. The combined impacts of these factors have complicated social life. religion can not be ignored. they face increasing pressure on their profit margins. The risks of dengue. remain high because the public health environment and sanitation have not been improved yet. It is the entry into the life of any religion through participation in non-religious activities including social. pneumonia and water-related diseases. resulting in opportunities and challenges while Vietnam has to cope with economic globalization. with the depth of national history and the effort of Vietnamese people. and medical causes. Vietnam have the full possibility of seizing opportunities. cancer and heart diseases especially health problems caused by drug. However. communicable diseases particularly vaccinepreventable diseases of children. technology to care Vietnamese health. Meanwhile. There have been changes in disease patterns in Viet Nam with the rapid reduction of infectious. malaria. Those businesses instead lobby government to prevent additional environmental initiatives so that they can remain competitive. educational. “Vietnam wants to make friends with all countries in the international community”. In the period of the development of economy and society.Another important face of globalization is social affect. Also.