Preview

Vinamilk Internation Business

Best Essays
Open Document
Open Document
2796 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Vinamilk Internation Business
RMIT International University Vietnam
Bachelor of Commerce Program
Assignment Cover Page Subject Code:

BUSM 3311
Subject Name:

International Business
Location & Campus (SGS or HN) where you study:

RMIT Vietnam SGS
Title of Assignment:

International Business Report
Student name & Student Number:

Lecturer Name:

Group Number:

Assignment due date:

22 April 2013
Date of Submission:

22 April 2013
Number of pages including this one:

15
Word Count:

2733

Table of Contents

BUSINESS REPORT
EXECUTIVE SUMMARY
This report is conducting a business plan for Vietnam Dairy Products Joint Stock Company (VINAMILK) to internationalize into Brazil market. The paper will look at the company capacity and competence to estimate the ability and level of success to expand business. For instance, VINAMILK product line and its market status in Vietnam will be identified and analysis in order to suggest the best product and potential market segment in Brazil. Then, the paper analyzes the new market by providing information about demographic, economic, consumption behavior, market growth, and competition of this Latin country. After, based on the statistics, the report will determine the best strategy and entry mode for the firm to enter the market as well as advantages and disadvantages of the chosen entry method. Furthermore, critical risk and financial factors will also be analyzed and forecasted. Finally, the report will be conducted in professional and dynamic way including full citation and reference.
VINAMILK
Background Information
Being operated at first in 1976, VINAMILK has became the leading company in Vietnam dairy industry by owning 39% of total dairy market share even surpassed well-known brand Friesland from Netherland in 2010 (Figure 01). Further, VINAMILK is one of most successful MNEs earned revenue over US $1 billion in two successive years 2011 and 2012 as officially became a

You May Also Find These Documents Helpful

  • Good Essays

    Cap/Gm 581

    • 533 Words
    • 3 Pages

    Once the company is convinced about the attractiveness or profitability of venture in the foreign market, companies looking for global expansion will decide on a strategy or appropriate mode of entry to exploit market opportunities in the foreign market. It should decide on a strategy to exploit the market conditions in a positive manner (significant cultural differences among different markets, companies need to adapt to local conditions and modify their product, pricing, promotions and other strategies to suit local markets). Companies similar to Starbucks looking into foreign expansion will consider export import laws and regulations in Brazil, including exchange rates and taxation.…

    • 533 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ruth Chris Case Study

    • 285 Words
    • 2 Pages

    In order to make the first cut in the list of potential countries, Hannah looked at the penetration strategy, market development, diversification and product development as a strategy for entering a new market. The unused variable that would be helpful would be the political stability, competition and the regulations that might limit the business growth. For research purposes the following were taken in consideration: Population, legal to import USA beef, affinity for American brands, consumer dining habits and amount of beef-eaters in that country. The exhibit number 4 was used to narrow the 200 countries to 33.…

    • 285 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    More Vino Ltd.

    • 1313 Words
    • 6 Pages

    Marketing Analysis: More Vino Ltd. is a wine retailer located in Trinidad and Tobago and is the newest local hot spot for food, drink, and entertainment. The Stone brothers, Christian and David, started More Vino Ltd. with the help of an investor and his partner, Arthur Greenway. Trinidad and Tobago is a hub for tourists to vacation all year round. The driving growth is mainly dependent on the tourism. With traditions that have lasted over 150 years, the island is a popular vacation spot for both tourists and natives alike. There is a cyclical demand for this product due to the face that it follows the market trend. The islands have seen heightened growth in tourism over the past decade and are known especially for their homemade rums and beers. Over the years, the wine market has grown to a worth of TT$48 million with growth anticipated for five years. This is where the Stone brothers saw an opportunity for business. More Vino Ltd. has been thriving due to their in house consumption as its main driving force for sales, but they also have a wholesale division that has been bringing in good business as well. Because of the demographics in the area, the brothers believe their growth in sales will increase even more with excellent service and unique entertainment that will drive out their competitors. With this expansion, More Vino Ltd. will see an increase in sales due to the fact that they offer a different atmosphere, one that is more focused on their target sales group, than their competition. Because majority of their sales is being driven by in house sales, focusing on championing that division will result in favorable outcomes. But with this expansion, the brothers foresee a 10 per cent to 15 percent increase in cost. They also plan on increasing their prices to match their competitors. Christian has…

    • 1313 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Greggs

    • 3139 Words
    • 13 Pages

    After finding the right country to expand to the author will describe the ideal market entrance strategy and a optimal marketing mix to be successful.…

    • 3139 Words
    • 13 Pages
    Powerful Essays
  • Best Essays

    Brasil Foods Case Study

    • 3467 Words
    • 14 Pages

    This assignment is about Brasil Foods, the largest Brazilian producer of meat and dairy. Today it has leading position in almost all its domestic sectors and strengthening its presence on the global market due to its potential. The globalization provides company many opportunities. First of all, it allows company to expand its market. Secondly, it is expected to raise the importance of country during the food crisis. Brazil with its rich resources is expected to be the largest supplier to the countries as China and India where the shortage of food will occur. In such circumstances, Brasil Foods, as the largest domestic producer, has all chances to become one of the largest producers in the world. Currently, company is considered as the largest world exporter of poultry and has much more growth. It is important for success of company to develop the effective and competitive strategic plan of entering to the new markets and to find the solution on how to decrease the risks.…

    • 3467 Words
    • 14 Pages
    Best Essays
  • Powerful Essays

    Brazil is the largest economy in South America, with GDP of $US 1,314 billion and a population of 192 million. It is also one in which there is enormous inequality of wealth distribution, which presents challenges for the government, and the economy. Largely internally focused, Brazil is opening its doors to more international trade, though biased towards exports rather than imports. For the foreign company doing business in Brazil, there are few barriers to entry, however there are significant tax, legal and social implications which must be evaluated before deciding to enter the Brazilian market. These can increase the cost of goods by more than 100% of their value, and impact the ability of a firm to compete. The local swimwear industry is worth approximately US$3bn and is dominated by several highly successful brands with an international presence. Opportunities exist for differentiated products to enter the market, however the market entry strategies must be carefully considered. For established brands a licensing strategy may be appropriate, and for smaller businesses, an aggressive export strategy through local distributors is recommended.…

    • 5582 Words
    • 23 Pages
    Powerful Essays
  • Better Essays

    We have prepared report is based on “Business Plan on “Smoothy Juice Company Ltd”. To prepare this report we have followed marketing research methodology for whose are children and diabetic people. The information, on which the total business plan stands, was the collection of data from the questionnaire made by Smoothy Juice Company Ltd. To…

    • 2965 Words
    • 11 Pages
    Better Essays
  • Best Essays

    Haagen Dazs

    • 4253 Words
    • 18 Pages

    Haagen Dazs is the ice-cream brand, and the factory is in the Bronx, New York. This “Danish-sounding” brand comes to Vietnam on September, 2012. Vietnam ice cream marketplace is now active and competitive, with many opponents like Baskin Robbins, Bud’s and more. The marketing campaign is low-powered that just a small amount of Vietnamese people knows Haagen Dazs, because Haagen Dazs strategies seem not to be effective. Thus, a group of Marketing Department creates a plan to make a change for Haagen Dazs in the next 12 months.…

    • 4253 Words
    • 18 Pages
    Best Essays
  • Satisfactory Essays

    Internation Business

    • 638 Words
    • 3 Pages

    2) How are business practices in an Islamic country likely to differ from those in the Philippines?…

    • 638 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Marketing strategy affects by four factors such as product, place, price and promotion. The corporation needs to know what customer’s demands are. For example, a dairy firm should begin business by finding out what nutrition customers prefer through segment criteria. What ages of clients drink milk mostly? Do elder people use dairy products every day? Which flavor are they interested in? Next the company aims target market and observes the changes of customer’s attitude during buying process in order to set up suitable marketing strategy. Then how do goods deliver to clients or distributors? What do guests respond after using products? Those things are in factor ‘place’, which control transportation of goods to market as well as consumers. Parallel with distribution channel, price strategy also attracts people to purchase various product lines of enterprise. Furthermore the organization could know about cost of production, taxation and so on so that they could launch a reasonable price. To encourage working performance, promotional activities are very vital. Those support to improve the company’s image and introduce to potential customers. To summarize, the paper shows the macro and micro environment elements which are affected to marketing strategy. Moreover there is the analysis of criteria segmentation such as demography, geographical area, psychology and social – economy in order to separate the objectives in different markets. Then the company could make target strategy and identify the new positioning which could bring a lot of benefits to the firm if they define the right products at the right time. And customer behaviors also impact to the business performance so this part is absolutely presented as well as marketing mix (product, place, price and promotion) which decides the success or failure of an organization.…

    • 4537 Words
    • 13 Pages
    Best Essays
  • Powerful Essays

    CEO Overconfidence and Corporate Financial Distress Chao-Rung Ho Taiwan Academy of Banking and Finance Taipei, Taiwan, R.O.C. Email: 96357505@nccu.edu.tw Yuanchen Chang Department of Finance National Chengchi University Taipei, Taiwan, R.O.C. Email: yccchang@nccu.edu.tw 1 Electronic copy available at: http://ssrn.com/abstract=2128161 CEO Overconfidence and Corporate Financial Distress Abstract This paper examines the relation between CEO overconfidence and corporate financial distress.…

    • 6343 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    The brand name "Vinamilk“most powerful brand was voted as a "famous brand" and a group of 10.…

    • 1244 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Competitive Edge of Vitasoy

    • 5592 Words
    • 23 Pages

    In this study, the topic is ” Competitive edge of VITASOY”. I am going to study” VITASOY holding Ltd” and analyze the factors of marketing competitiveness of VITASOY. The business environment will be assessed by SWOT analysis and marketing mix. Besides, I am going to find out the reasons for the VITASOY success at the past .The current marketing strategies of VITASOY when facing the changing perception of customers as well as how can increase competitiveness in the future.…

    • 5592 Words
    • 23 Pages
    Powerful Essays
  • Good Essays

    The objective of this activity is to apply the concept of market analysis and importance of market characteristics in launching business in new market.…

    • 840 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Internatonal Business

    • 1178 Words
    • 5 Pages

    Ques 2. What do you mean by International Business? Explain the Nature and Characteristics of International Business in brief. (15mks)…

    • 1178 Words
    • 5 Pages
    Powerful Essays

Related Topics