Business Environment

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TABLE OF CONTENTS
EXECUTIVE SUMMARY2
I.INTRODUCTION3
II.MAIN BODY4
1.the mission, values and objectives of Vietcombank and assess the influence of stakeholder.4
2.The extent to which selected organization achieves the objectives of three stakeholders6
3.The responsibilities of the selected organization and strategies employed to meet objective of stakeholder.10
4.How economic systems in Viet Nam attempt to allocate and make effective use of resources available within the country.15
5.The impact of social welfare and industrial policy initiatives on Vietcombank and the wider community15
6.The impact of macro-economic policy measures and influence of the global economy on Vietcombank and stakeholders in Viet Nam.25
III.CONCLUSION31
IV.REFERENCE32

EXECUTIVE SUMMARY

Vietcombank has established on 1 April 11, 1963 as a state-owned commercial bank with 3.955 billion VND of capital, Vietcombank is a special state owned corporation which organized under “90, 91 corporation” structure and it is the oldest commercial bank for external affairs in Vietnam and the first bank having centralized capital management structure. It is also interbank forex payment centre for over 100 domestic banks and foreign banks operating in Vietnam. Vietcombank is the first commercial bank deal to foreign currencies in Vietnam. As a part of privatization of public utilities/companies, Vietcombank suffers the massive pressure on the system; there is both commercial and political pressure to create a profitable and efficient public utilities system. The affects of economic, social and global environment are also important the operation of privatization of public utilities/company. In Vietnam, there is a specific type of economics systems which depends on economic development situation of Vietnam. In addition, Vietnam also has social welfares and economic policies initiatives which have definite influences to companies. fiscal and monetary policy are governed frequently by government in order to reduce the pressure of inflation, and control foreign exchange market and gold market, these policies affects directly to companies.

I. INTRODUCTION
With provided information indication some of the issues around the functioning of Vietcombank, project contain the clearly analysis of Vietcombank about its mission, objectives and values as well. analyzing throughout giving concept of corporate mission or vision, underlying, values/philosophy, profit, market share, ROCE, sales, growth, level of service, customer/user perceptions and audits. In addition, stakeholder is an important role in managing bank’s operation and it is essential to assess the influence of stakeholder with interpreting deeply about the identification of stakeholder, stakeholder groups, conflict of expectations, attitude, power-influence matrix, satisfying stakeholder objectives and measuring performance. It is really useful in understanding the bank’s objectives in order to give correct evaluations about the extent to which Vietcombank achieves the objectives of three stakeholders. Further, achieving the bank’s objectives has to secure the strict implementation of bank’s responsibilities to stakeholders, key legal responsibilities eg consumer employment, disability discrimination, and health and safety, diversity and equal opportunities, stakeholder pensions, wider responsibilities including ethic, environmental, ethical practice. Moreover, the project also include a report to make clear how economic systems in Viet Nam attempt to allocate and make effective use of resources available within the country and giving specific ideas about the impact of social welfare and industrial policy initiatives on Vietcombank and the wider community as well. Finally, the evaluation about impact of macro-economic policy measures and influence of the global economy on Vietcombank and stakeholder in Viet Nam.

II. MAIN BODY
1. The mission,...
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