Analysis of Economic Development of Czech Republic and Vietnam

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F17%3A63517426" target="_blank" >RIV/70883521:28120/17:63517426 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Analysis of Economic Development of Czech Republic and Vietnam
Original language description
In recent years, Czech companies have the tendency of investing in Vietnam. By analysis the economic development of Vietnam in comparison with Czech Republic economy, companies can refer and invest properly. For instances, they study economic development by measuring the related indexes of gross national product (GNP), as well as considering Gross Domestic Product (GDP) and the influence of CPI index of these both countries. The used data in the research are taken from the World Bank system. The exploitation of data by World Development Indicator (WDI) function provided by Vincent Arel - Bundock (University of Michigan). Current analysis results show that the GDP of Czech Republic is 8.3 times higher than Vietnam. GNP of Czech Republic is always 1.0 time higher than Vietnam. Meanwhile, the CPI of Vietnam fluctuates widely and less stable than Czech's one. Through the analysis of the measurement indicators of the economy, there is a big gap between the Czech Republic and Vietnam. Vietnam is still unstable in the consumer price index (CPI). Although investing in Vietnam is a potential opportunity, but CPI should be monitored closely.
Czech name
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Czech description
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Publication year
2017
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
PROCEEDINGS OF THE 4th INTERNATIONAL CONFERENCE ON FINANCE AND ECONOMICS
ISBN
978-80-87990-11-7
ISSN
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e-ISSN
neuvedeno
Number of pages
10
Pages from-to
215-224
Publisher name
Melandrium
Place of publication
Slaný
Event location
Ho Chi Minh City
Event date
Sep 21, 2017
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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