Business opportunities in Vietnamese animal husbandry sectors for biogas SMEs : Finnish biogas enterprises
Bui, Chi (2014)
Bui, Chi
Lahden ammattikorkeakoulu
2014
All rights reserved
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-201404264988
https://urn.fi/URN:NBN:fi:amk-201404264988
Tiivistelmä
In these recent years, as a corollary of the tremendous changes in every aspect, Vietnam has emerged as an attractive investment destination. The fast industrialisation has led to the rapidly growing energy consumption, making Vietnam confront with the risk of turning into a net energy importer in 2015. The Vietnamese government has set a target to increase the share of renewable energy in total commercial primary energy from 3 percent in 2010 to 5percent in 2020 and 11 percent in 2050. Being endowed with a relatively huge amount of renewable resources, Vietnam is among potential markets for developed innovative companies from Finland.
At present, there are more and more western companies heading out to the Vietnamese market to make more profit and improve their international image. However, almost all foreign enterprises report that they have to deal with a serious lack of information about the target market. Therefore, the thesis is made to assist Finnish biogas companies in the decision whether to expand internationally to Vietnam. In order to achieve this goal, information about the target market, investment conditions in Vietnam, the main stakeholders, Finnish biogas companies and their innovations are studied.
The method used in this thesis is qualitative, with a deductive approach. In the theoretical framework, data are collected mostly from published sources such as books, articles and earlier studies. In the empirical part, data are collected from personal observations, Vietnamese government publications, and especially in-depth interviews with professionals in the field of renewable energy.
Analyses of the Vietnamese biogas market and Finnish enterprises are the core content in the empirical part. Common biogas technologies and on-going projects in Vietnam are provided. Besides, competitor analysis is also taken into account, equipping Finnish companies with the most accurate view about the target market.
In conclusion, the author suggests some positive entry modes for Finnish companies to successfully enter the Vietnamese biogas market. Four recommendations are made, in which, cooperation with Vietnamese governmental institutions is set as the priority.
At present, there are more and more western companies heading out to the Vietnamese market to make more profit and improve their international image. However, almost all foreign enterprises report that they have to deal with a serious lack of information about the target market. Therefore, the thesis is made to assist Finnish biogas companies in the decision whether to expand internationally to Vietnam. In order to achieve this goal, information about the target market, investment conditions in Vietnam, the main stakeholders, Finnish biogas companies and their innovations are studied.
The method used in this thesis is qualitative, with a deductive approach. In the theoretical framework, data are collected mostly from published sources such as books, articles and earlier studies. In the empirical part, data are collected from personal observations, Vietnamese government publications, and especially in-depth interviews with professionals in the field of renewable energy.
Analyses of the Vietnamese biogas market and Finnish enterprises are the core content in the empirical part. Common biogas technologies and on-going projects in Vietnam are provided. Besides, competitor analysis is also taken into account, equipping Finnish companies with the most accurate view about the target market.
In conclusion, the author suggests some positive entry modes for Finnish companies to successfully enter the Vietnamese biogas market. Four recommendations are made, in which, cooperation with Vietnamese governmental institutions is set as the priority.