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Among countries exporting seafood over the world, Vietnam is considered as the one possessing competitive advantages based on rich resources such as large fresh water surface, suitable climate conditions for aquaculture growth. Hung Vuong-Vinh Long Company belonged to Hung Vuong Corporation and specialized in farming, processing and exporting Pangasius fillet catfish is a strong brand-name and reputation in the international markets. Selecting the appropriate business strategy becomes a very important decision for Hung Vuong – Vinh Long Company to increase their competitiveness, achieve their long-term goals in the competition that already exists in Pangasius catfish export industry. In this study “Business strategy for processing plant of Pangasius catfish: A case study for Hung Vuong – Vinh Long Co., Ltd., Vietnam”, the author analyzed and recommended the prior business strategy for the Company by applying Quantitative Strategies Planning Matrix (QSPM).
This study investigates the optimal business strategy for the Pangasius catfish processing plant of Hung Vuong - Vinh Long Co., Ltd. in Vietnam. The research addresses the critical need for Hung Vuong-Vinh Long, a prominent exporter of Pangasius fillet catfish, to enhance its competitiveness in a saturated international market. By applying the Quantitative Strategies Planning Matrix (QSPM), the author analyzes the company's current position and proposes a prioritized business strategy aimed at achieving long-term objectives within the global Pangasius catfish export industry.
The study provides a focused analysis of business strategy within the Vietnamese seafood export sector, specifically examining Hung Vuong-Vinh Long Co., Ltd. Its methodology, centered on the Quantitative Strategies Planning Matrix (QSPM), suggests a data-driven approach to strategic decision-making. The work is likely to be of interest to academics and professionals involved in international business, aquaculture management, and supply chain strategy within emerging economies. The case study format offers practical insights into applying strategic planning tools in a real-world context.
Page Count:
96
Publication Date:
2020-04-29
Publisher:
LAP LAMBERT Academic Publishing
ISBN-10:
620255228X
ISBN-13:
9786202552288
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