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- COURSE OBJECTIVES
Japan is the third largest economy after the U.S. and China and before Germany, UK and France. The per capita GDP is one of the highest among the world. With a population of more than 120 million, Japan presents itself as a sophisticated market for firms from around the world. Vietnamese firms certainly take advantage of the opportunity as Japan is the third most important destination of Vietnamese exports (US$18.1B) after the US ($46.2B) and China ($39.9B).
Equally important, Japan has been one of most important sources of foreign direct investment (FDI) for Vietnam. In 2018, Vietnam hosted US$26.3 billion worth of FDI, of which close to one third (US$8.3 billion) come from Japan, representing the largest source of FDI for Vietnam. The manufacturing industry represents 25% of Japan’s FDI, with a significant portion of Japan’s FDI in other (mostly services) sectors providing support services for Japan’s FDI in the manufacturing sector, such as financing, logistics, consulting and HR services. The Japanese FDI thus helps the Vietnamese economy integrate into the international economy through the global supply chain and production network.
Accordingly, it is important for Vietnamese managers to understand characteristics of the Japanese economy and its business. What opportunities and challenges does the Japanese market present for Vietnamese exporters? What is the global competitive landscape for various Japanese industries, and which of them have stronger interests to make FDI in Vietnam? For Vietnamese suppliers and prospective partners of Japanese FDI firms, what are key to developing a successful and sustainable relationship with them? Does the economic relationship between Vietnam and Japan continue to develop further? How far does it evolve? What does it represent in the global economy?
The course will examine the Japanese economy and markets, its industries and firm behaviors, and the “business systems” consisting of interfirm relations, industrial (labo) relations, relations with the capital market and corporate governance in a comparative perspective. The course prepares students with a solid understanding of principles and practices of successfully engaging international business with Japanese firms. It may also help students develop comparative perspectives that may be necessary for them to manage international business with firms around the world including Japan.
- COURSE CONTENTS AND SCHEDULE
No.
Contents
Time Allocation
Contribution to CLO
Hour(s) on the class
Essays, exercise,
Assignments...
(3)
Self-study with teacher’s tutorials
(4)
Lecture
(1)
Practice, Seminar…
(2)
1
Introduction: Japanese Economy & Business – Opportunities and Challenges for Vietnamese firms and managers
2
3
3
7.5
1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12
2
Japanese Economies and Markets (1): Traditional View, Dependency School, PEST analysis
2
1
8
1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12
3
Japanese Economies and Markets (2): Institutional Approach
3
0.5
9
1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12
4
Japanese Economies and Markets (3): East Asian Model by Revisionist Approach
3
2
3
7
1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12
5
Japanese Economies and Markets (4): National Culture and Characteristics
3
2
3
7
1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12
6
Japanese Economies and Markets (5): Business Systems and Varieties of Business Systems Approach
3
2
3
7
1, 2, 4, 5, 6, 7, 8, 9, 10, 11, 12
7
Japanese Production: Varieties of Manufacturing Systems and Value and Supply Chains
3
2
3
8.5
1, 2, 4, 5, 6, 7, 8, 9, 12
8
Japanese Distribution: Varieties of Distribution Systems and Value and Supply Chains
4
1
3
9
1, 2, 3, 4, 5, 6, 7, 8, 12
9
Japanese Labor Relations, Capability Development & Governance: Varieties of Industrial Relations, Markets for Labor and Technology & Corporate Governance
4
1
3
9
1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12
10
Wrap Up: Comparative Perspectives of Japanese Markets, Business Systems and Firm Behaviors
3
2
10.5
2, 4, 7, 8, 9, 10, 11, 12
Total (hour)
30
15
22.5
82.5
- COURSE ASSESSMENT
- Score ladder: 10
- Type of assessment
Form
Content
Criteria
CLO
Proportion
Formative
Attendance
The number of attendances and participation in lesson
12
5%
Quiz, midterm test
Quick test, 30 minutes
1,2,3,7,8,9,11
30%
Homework Assignments
Group or individual assignment
1,2,3,4,5,6,7,8,9,10,11,12
5%
Summative
Final test
MCQ + writing (90 mins)
1,2,3,4,5,6,7,8,9,10,11,12
60%
Total:
100%
Guidance: Base on learning outcomes, what teaching method, learning method and evaluation are needed to achieve these learning outcomes and evaluate the level of achieving learning outcomes. Department should build criteria to assess measuring level of course learning outcomes (according to Rubric)
- Types of assessment
- Requirement for assessment when suggesting assessment method
Value
Measure exactly what is needed to be measured (assessment criteria/factor should be correlative with knowledge/skills demonstrating in respective learning outcomes).
Reliability
Assessment from two teachers/lecturers who evaluate the same task of student or from one teacher/lecturer in different time.
Fairness
Students are provided information about assessment criteria.
Scoring bases on specific criteria.
Students are completely instructed knowledge, skills needed to meet assessment criteria.
- Assessment methods
Performance Based Outcomes
Demonstration, presentation, simultation, role play, work sample, performace test (Trình diễn, thuyết trình, mô phỏng, đóng vai, bài kiểm tra mô phỏng công việc thực tế, thi đánh giá năng lực)
Project, lab test, fieldwork, thesis, practicum, portfolios (Dự án, thực hành ở phòng lab, đi thực địa, luận văn, rèn luyện nghiệp vụ, hồ sơ)
Knowledge Based Outcomes
MCQs, short essay questions, posters (Thi trắc nghiệm, viết bài luận ngắn, posters)
Case studies, long essay questions, critiques, journal/blogs (Nghiên cứu tình huống, viết bài luận dài, bài phê bình, bài báo/blog)
Low Order Thinking Skills (Kỹ năng tư duy cấp độ thấp)
High Order Thinking Skills (Kỹ năng tư duy cấp độ cao)
SUITABLE ASSESSMENT METHODS (knowledge)
Remember
Understand
Apply
Analyse
Evaluate
Create
MCQ
MCQ
Open questions (allow to use materials)
Case study
Evaluate published articles
Create product model
Standardized test
Fill in the blank
Group project
Presentation
Evaluation essay
Thesis, dissertation, poster
Quiz
Quiz
Practice, experiment
Project
Evaluate problems
Compose
Summarize book, documentary
Speaking test
Business model
Case study
Start-up