Macro Environmental Factors Comparative Data of South Korea & Vietnam

Task 1 – Macro environmental factors comparative data of South Korea & Vietnam
Weightage system of numerical values of 1 least attractive & 2 most attractive based on number
of factors for each.
Political Factors South Korea Country Score Vietnam Country Score
Corruption Score
(Transparency
Index, 2017)
54 [E] 4x2 =8 35 [E] 4x1 = 4
Political Stability 0.29 [A] 3x1 = 3 0.31 [B] 3x2 = 6
Government
Effectiveness
1.08 [D] 2x2 = 4 0.01 [C] 2x1 = 2
Political Risk 1.0 [F] 2x1 = 2 4.0 [G] 1x1 = 1
Political Subtotal 27/20 13/20
Economic
Factors
South Korea Country Score Vietnam Country Score
GDP per Capita 39,500 $ [A] 2x2 = 4 6,900 $ [C] 1 x2 = 2
GDP Real Growth
Rate
3.1% [A] 5x1 = 5 6.8% [C] 5x2 = 10

Unemployment
Rate
3.7% [A] 4x1 = 4 2.2% [C] 4x2 = 8
Poverty Line 14.4% [A] 3x1 = 3 8% [C] 3x2 = 6
Labor Cost 7.43$ [B] 1x1 = 1 0.18$ [D] 2x1 = 2
Economic
Subtotal
17/30 28/30
Technological
Factors
South Korea Country Score Vietnam Country Score
Internet Usage 95.1 [A] 3x2 = 6 46.5 [B] 3x1 = 3
Mobile Network
Coverage
99.90 [C] 2x1 = 2 70 [D] 2x2 = 4
Capacity for
Innovation
56.60 [E] 4x2 = 8 37.90 [F] 4x1 = 4
R&D Expenditure 4.23 [G] 2x1 = 2 0.37[H] 1x1 = 1
Technological
Subtotal
18/20 12/20

Legal Factors South Korea Country Score Vietnam Country Score
Challenging
Regulations
3.5 [A] 3x2 = 6 3.3 [A] 3x1 = 3
Settling disputes 4.1 [B] 2x2 = 4 3.3 [B] 2x1 = 2
Foreign
Investments
1.11 [C] 1x1 = 1 6.3 [D] 1x2 = 2
Legal Subtotal 11/12 7/12
Social Factors South Korea Country Score Vietnam Country Score
Population 51.4 Million [A] 3x1 = 3 97 Million [B] 3x2 = 6
Population
Growth
0.44% [A] 1x2 = 2 0.9% [B] 1x1 = 1
Labor Force 27.75 Million [A] 2x1 = 2 54.8 Million [B] 2x2 = 4
Social Subtotal 7/12 11/12

Environmental
Factors
South Korea Country Score Vietnam Country Score
CO2 Emissions 778.4 [A] 1x1 = 1 235.3 [B] 1x2 = 2
Energy Use 5413.35 [C] 2x1 = 2 654.96 [D] 2x2 = 4
Livestock
Production
117.8 [E] 3x1 = 3 151.4 [F] 3x2 = 6
Agriculture Land 17008 [G] 4x1 = 4 121780 [H] 4x2 = 8
Environmental
Subtotal
10/20 20/20
Overview of comparative data & attractiveness score
Factor South Korea Vietnam
Political 27 13
Economic 17 28
Technological 18 12
Legal 11 7