Financing sources in Vietnam Essay Example | Topics and Well Written Essays - 4250 words

Financing sources in Vietnam - Essay Example Such policy reforms have proved beneficial with regard to China, Malaysia, Indonesia and Thailand. These countries have also benefitted from network associations, cluster linkage to markets, and novel support arrangements. Policy support has been established as being crucial for the growth of SMEs in Vietnam. B. Business Support Services Privatisation emerged as a strategy for restructuring the large state owned enterprises (SOEs) into SMEs (Gibb and Lyapunov, 1996). A solution that is at variance to this initiative has been proposed by McIntyre (2002). This procedure states that the dismantling of large firms may fail to promote the growth of SMEs. This notion has been vindicated in Asia, and this can be attributed to the lack of a suitable support regime. For instance, the Chinese SMEs require the support of the large firms. Dallago and McIntyre (2003) have cited the experiences of the CEE nations to show that by themselves, the SMEs do not have the capacity to grow. The presence o f institutions and supporting mechanisms that have been properly developed is indispensable for the growth of these SMEs. C. Supporting Infrastructures It has been proposed by Wattanapruttipaisan (2002) that competitiveness can be rendered not only by natural resources and location, but also by contemporary global information and knowledge. It can also be promoted by participation in clusters involving firms, supplier networks, or producers and matching products; consumers and distributors; continuous learning and enhanced flexibility and efficiency. The SMEs were furnished with a new information flow and knowledge base, due to network association. This base has the capacity to emerge as a significant model for efficient resource distribution, via policy measures emanating from the market and the state. Support of the Government in Vietnamese SME Development It was recognised, during the project’s conceptualisation in the year 1994 that the furtherance of SMEs had to be ensur ed. However, a comprehensive document that described the procedures to be adopted by the Government, in order to support SMEs was conspicuous by its absence. Subsequently, the accomplishments and the works supported by the project had been viewed keenly in the highest echelons. Towards the end of the year 1998 a comprehensive assessment was conducted, which disclosed that the project had significantly affected discussion and formulation of the policy related to SMEs. The Central Institute of Economic Management (CIEM), in February 1997, reviewed the administrative and legal situation in Hanoi and Ho Chi Minh City (HCMC). The emphasis was upon identifying the impediments to the formation and development of SMEs and the provision of recommendations to the Government. The CIEM, true to its calling of being an important entity in drafting policy pertaining to business, compiled and examined most of the documentation relating to the establishment, operation and dissolution of business. I t also conducted panoptic interviews with SMEs, and central and local policy making agencies. In January 1998, the stakeholders completed the twin tasks of discussion and validation, and this was due to the workshops in HCMC and Hanoi. The recommendations of this report, in the context of an

Research paper - Same Sex-Marriage Essay Example | Topics and Well Written Essays - 2000 words

Research paper - Same Sex-Marriage - Essay Example Then voices are raised in all quarters and the media also plays its undue role in projecting it out of proportion. Thus, one marriage that involves individuals from the same gender becomes an issue that seems to be made a mountain out of a molehill. The society needs to be quite broad-minded when someone suggests something positive in the direction of same gender couples that choose to marry. The reason for the same is that gays and lesbians are being continuously discriminated against in being refused the right to marry legally. Thus this brings to light just about everything from retirement programs, health care, parenting rights to social security benefits as well as the significant medical decisions. Same sex marriages come about due to one form of stagnation within the people’s minds and the role of one and all within the domains of the same sex marriage debate is significant nonetheless. Though the government might not approve of a marriage between members of the same sex, they just should not impose a law on their sense of ethics related with these very individuals. Since gay marriages are not at all at peril to the public welfare and one’s day-to-day life is not affected by the same, the right to marry anyone one so decided to choose for him or herself should thus be in accordance with the rights the United States of America states that are both "self-evident" as well as "inalienable" in its Declaration of Independence that was brought into notice of one and all a few years back. (Allen, 2006) The problem continues for some people who are of the view that since homosexual parenting can be harmful for children, thus allowing such marriages to be carried out in the first place must be declined and the state must do something that would disallow the people from doing the same. They also say that as homosexual unions are not built around lifetime commitments and also that they are not good environments to