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  • Video 
    Vietnam Economy- The Next China?

    Vietnam Economy- The Next China?

    In just two decades Vietnam's exports have skyrocketed. In the same time period, their GDP per capita also took a big jump from from 3 And, this is probably the only nation in Southeast Asia whose economy remained in a good shape despite the pandemic.
    In 1986 Vietnam launched a political and economic innovation campaign Doi Moi that introduced reforms intended to facilitate the transition from a centralized economy to a "socialist-oriented market economy. Doi Moi combined government planning with free-market incentives. This was similar to what China was doing at that time. At first the program abolished agricultural collectives, removed price controls on agricultural goods, and enabled farmers to sell their goods in the marketplace. It encouraged the establishment of private businesses and foreign investment, including foreign-owned enterprises. By the late 1990s, the success of the business and agricultural reforms under Doi Moi was incredible. More than 30,000 private businesses had been created, and the economy was growing at an annual rate of more than 7 percent. From the early 1990s to 2005, poverty declined from about 50 percent to 29 percent of the population. However, progress varied geographically, with most development concentrated in urban areas. While the country has shifted toward a more market-oriented economy, the Vietnamese government still continues to hold a tight rein over major sectors of the economy, such as the banking system, state-owned enterprises, and areas of foreign trade.
    Also from the last 20-30 years Vietnam invested a lot in its human capital and infrastructure. Vietnam made large public investments in primary education. This was necessary, as a growing population also means a growing need for jobs. But Vietnam also invested heavily in infrastructure. And those investments paid off, with the necessary infrastructure and with market-friendly policies in place, Viet Nam became a hub for foreign investment and manufacturing in Southeast Asia.
    Yet despite becoming an industrial giant, Vietnam's agricultural sector is still a major pillar of the economy. Agriculture represents 14% of GDP and employs 36% of the total workforce in 2020. Whereas Industry contributed 34.5% of GDP and employed 28% of the total workforce. Service sector represented 41.6% of GDP and employed 35% of the total workforce.
    Now if you look at the trade. Today China is Vietnam’s leading trading partner with a total import and export value of US$106.7 billion, making up 22.2% of the country’s total imports and exports. Apart from China, South Korea and the US combined makes 26% of total trade which is value's 120 billion dollars.
    The International trade agreements of the country have been playing a good role. In 1995, Vietnam joined the Asean free trade area. Then in the year 2000, they signed a free trade agreement with the US, and in 2007 joined the World Trade Organization. While having trade agreements with China, India, Japan and Korea. And how can we forget the recently amended Trans-Pacific Partnership. These agreements are helping the country to climb up in the value chain of the world economy.
    So at the end, we can say that, in the past 30 years Vietnam has achieved tremendous growth and it is still one of the fastest growing economies. And even with all these challenges, Vietnam has potential to join the club of the high income status. And who know someday they could get near the ranks of China.

    Course related:
    AF2602 Global Economic Environment
    Subjects:
    Finance and Economics
    Keywords:
    Vietnam Economic history
    Resource Type:
    Video
     
  • Others 
    Value Streams

    Value Streams

    Learners read how to identify a manufacturer's value streams - the first step to value stream mapping.

    Keywords:
    Process control Manufacturing processes Production management
    Resource Type:
    Others
     
  • Others 
    Value Stream Mapping: Drawing a Current-State Map

    Value Stream Mapping: Drawing a Current-State Map

    Learners follow step-by-step instructions for creating a current-state map to identify how materials and information flow.

    Keywords:
    Manufacturing processes Production management Process control
    Resource Type:
    Others
     
  • Open (Access) Journal-Article 
    Using Six Sigma DMAIC Methodology and Discrete Event Simulation to Reduce Patient Discharge Time in King Hussein Cancer Center

    Using Six Sigma DMAIC Methodology and Discrete Event Simulation to Reduce Patient Discharge Time in King Hussein Cancer Center

    Short discharge time from hospitals increases both bed availability and patients and families satisfaction. In this study, the Six Sigma process improvement methodology was applied to reduce patients discharge time in a cancer treatment hospital. Data on the duration of all activities, from the physician signing the discharge form to the patient leaving the treatment room, were collected through patient shadowing. These data were analyzed using detailed process maps and cause-and-effect diagrams. Fragmented and unstandardized processes and procedures and a lack of communication among the stakeholders were among the leading causes of long discharge times. Categorizing patients by their needs enabled better design of the discharge processes. Discrete event simulation was utilized as a decision support tool to test the effect of the improvements under different scenarios. Simplified and standardized processes, improved communications, and system-wide management are among the proposed improvements, which reduced patient discharge time by 54 from 216 minutes. Cultivating the necessary ownership through stakeholder analysis is an essential ingredient of sustainable improvement efforts.

    Subjects:
    Health Sciences and Management
    Keywords:
    Hospitals -- Administration Process control Six sigma (Quality control stard)
    Resource Type:
    Open (Access) Journal-Article
     
    OER
  • Presentation 
    Using Data Mining Techniques to Address Critical Information Exchange Needs in Disaster Affected Public-Private Networks

    Using Data Mining Techniques to Address Critical Information Exchange Needs in Disaster Affected Public-Private Networks

    This video was recorded at 16th ACM SIGKDD International Conference on Knowledge Discovery and Data Mining (KDD), Washington 2010. Crisis Management and Disaster Recovery have gained immense importance in the wake of recent man and nature inflicted calamities. A critical problem in a crisis situation is how to efficiently discover, collect, organize, search and disseminate real-time disaster information. In this paper, we address several key problems which inhibit better information sharing and collaboration between both private and public sector participants for disaster management and recovery. We design and implement a web based prototype implementation of a Business Continuity Information Network (BCIN) system utilizing the latest advances in data mining technologies to create a user-friendly, Internet-based, information-rich service and acting as a vital part of a company's business continuity process. Specifically, information extraction is used to integrate the input data from different sources; the content recommendation engine and the report summarization module provide users personalized and brief views of the disaster information; the community generation module develops spatial clustering techniques to help users build dynamic community in disasters. Currently, BCIN has been exercised at Miami-Dade County Emergency Management.

    Subjects:
    Management and Computing
    Resource Type:
    Presentation
     
    OER
  • Others 
    Using Check Sheets

    Using Check Sheets

    Learners read definitions of discrete, continuous, attribute and variable data and view examples of checklist, location and item check sheets.

    Subjects:
    Management
    Keywords:
    Industrial management
    Resource Type:
    Others
     
  • Presentation 
    User requirements elicitation adapting Serious Gaming approach

    User requirements elicitation adapting Serious Gaming approach

    This video was recorded at COIN / ACTIVE Summer School on Advanced Technologies for Knowledge Intensive Networked Organizations, Aachen 2010. Organized by COIN FP7 Integrated Project (http://www.coin-ip.eu/) and ACTIVE FP7 Integrated Project (http://www.active-project.eu), the summer school seeks to bring together students, scholars and researchers from industry in order to foster collaboration and interoperability through innovative software solutions and share the recent research developments from well-established researchers and educators. The main topics of the summer school are: Interoperability and collaboration models and solutions, Enterprise interoperability and collaboration services, Innovative knowledge and semantically powered technologies, Knowledge process and context modeling, Pro-active knowledge tools, Large scale analytics and reasoning tools, Business cases and real case studies. More about the event at http://coin-active-ss.ijs.si/

    Subjects:
    Management
    Keywords:
    Enterprise application integration (Computer systems) Internetworking (Telecommunication) Management information systems Information resources management
    Resource Type:
    Presentation
     
    OER
  • Presentation 
    Usage of Integrated Services in the industry

    Usage of Integrated Services in the industry

    his video was recorded at COIN / PlanetData Winter School on Knowledge Technologies for Complex Business Environments, Ljubljana 2011. Organized by COIN FP7 Integrated Project and PlanetData FP7 Network of Excellence, the school seeks to bring together students, scholars and researchers from industry in order to foster collaboration and interoperability with innovative services and project large-scale data management in business environments. The main topics of the winter school are: Interoperability and collaboration models and solutions, Enterprise interoperability and collaboration services, Innovative knowledge and semantically powered technologies, Knowledge process and context modelling, Pro-active knowledge tools, Large scale analytics and reasoning tools, Business cases and real case studies.

    Subjects:
    Management
    Keywords:
    Enterprise application integration (Computer systems) Internetworking (Telecommunication) Management information systems Information resources management
    Resource Type:
    Presentation
     
    OER
  • e-book 
    United States Securities Law

    United States Securities Law

    The United States Securities Code and Regulations appear in Title 15 of the United States Code and Title 17 of the Code of Federal Regulations. This publication was made with data provided by the United States government on the Office of Law Revision Counsel as well as the eCFR.

    Subjects:
    Law and Legislation
    Keywords:
    Securities United States Textbooks
    Resource Type:
    e-book
     
  • Others 
    Understanding The Interrelationship of Supply and Demand

    Understanding The Interrelationship of Supply and Demand

    In this learning object you'll examine the supply and demand curves and to demonstrate the effects on equilibrium price/quantity and on price ceilings and floors.

    Subjects:
    Economics
    Keywords:
    Supply dem
    Resource Type:
    Others