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Brand and Brand Valuation for Vietnamese Enterprises: Current Situation and Solutions

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Brand and Brand Valuation for Vietnamese Enterprises: Current Situation and Solutions
Faculty of Business & Law
MASTER OF INTERNATIONAL TRADE AND FINANCE

BRAND AND BRAND VALUATION
FOR VIETNAMESE ENTERPRISES: CURRENT SITUATION
AND SOLUTIONS

STUDENT: DANG HAI YEN Student ID: 77090531 Dissertation Supervisor: PHAM XUAN HOAN

2010 - 2011

FACULTY OF BUSINESS AND LAW
MAITF VIETNAM ASSIGNMENT HAND-IN FORM

I certify by my signature that this is my own work. The work has not, in whole or part, been presented elsewhere for assessment. Where material has been used from other sources it has been properly acknowledged and referenced. If this statement is untrue I acknowledge that I will have committed an assessment offence.

Student ID: 77090531
Level of Study: Master
Module Title: Dissertation
Course Title: Master of Art in International Trade & Finance
Supervisor: Pham Xuan Hoan
Student Name: Dang Hai Yen
Word count: 16.827

Student Signature: _________________________________________
Date of Submission: ________________________________________
Name of first marker: Mark:
Name of second marker: Mark:

ABSTRACT

It can be said that building brand has been an urgent issue for Vietnamese enterprises and government. Although there are a lot of studies on brand valuation over the years but in Vietnam, the awareness of building and developing brands is currently still misunderstanding because of the lack of awareness about brand and its values, therefore, many firms neglected to manage this asset.
Furthermore, regarding legal, brand equity protection in particular and intellectual property rights in general are still limited in Vietnamese companies as well as the coordination between them and relevant legal authorities. Besides, there has not any legal documents instructing enterprises to value brand and although the intellectual property law has a regulation on contributing money by patents, the valuation of brand has not been considered.
The research will make contribution



References: 1. A Gee Bulletin (June 2000), “Current Practice in Brand Valuation”, Brand Finance plc 2 7. Article 4, Intellectual Property Law in Vietnam, no 50/500/QH11 on November 29, 2005 8 11. Barwise, (March 1993), Brand equity: Snark or Boojum? International Journal of Marketing Research 10. 14.  Breally, R.A., and Meyers S.C., (1991), Principles of Corporate Finance, Fourth Edition, McGraw Hill, New York. 15 16.   Barwise, P., Higson, C., Likierman, and A., Marsh, P. (1989), Accounting for Brands, The London Business School and The Institute of Chartered Accountants in England and Wales, London. 17. Bernd H. Schmitt, David L. Rogers (2008), Handbook on Brand and Experience Management, Edward Elgar Publishing Limited and Edward Elgar Publishing Inc. 18. Chieng Fayrene Y.L., Goi Chai Lee, Research Journal (2011), Customer-based brand equity: A litterature Review, International Refereed Research Journal, Vol.II, issue 1, January 2011. 19. Ca Hao, “Trung Nguyen lai bi cuom ten mien tai Uc”(January 2010), http://www.tinmoi.vn/Trung-Nguyen-lai-bi-ldquocuomrdquo-ten-mien-tai-Uc-08102855.html 20 25. Derrick Daye (August 14, 2006), History of Branding, http://www.brandingstrategyinsider.com/2006/08/history_of_bran.html 26 29. Difficulties on valuation of intagible assets, Business Environment News-letter (No 2, June 2004) 30 31. Juergen H.Daum, Heidelberg, (November 2001) “Value Drivers Intangible Assets – Do We Need a New Approach to Financial and Management Accounting?”, A Blueprint for an Improved Management System, www.juergendaum.com. 32. Lev, Baruch, (2001), “Intangibles: Management, Measurement, and Reporting”, Brookings Institution Press, Washington, D.C. 33. Antonia Oprita, (March 2011), “And the World’s most valuable brand is...”, http://www.cnbc.com/id/42180604/And_the_World_s_Most_Valuable_Brand_Is%E2%80%A6 34 35. Fidaus Ibrahim (Feb 2011), The History of Branding, http://www.brandinghistory.com/2011/02/the-history-of-branding/ 36 42.  Kamakura, W.A., and Russell, G.J., (1993), “Measuring Brand Value with Scanner Data”, International Journal of Research in Marketing, Vol 10 March, pp 9-22. 47. G C Beri (2006), Marketing Research, 3th edition, Tata McGraw-Hill Companies 48 49. Perceived Quality: Critical Asset For Brands, (May 31, 2009), http://www.brandingstrategyinsider.com/2009/05/perceived-quality-critical-asset-for-brands.html 50 53. Russell Abratt, Nova Southeastern University, Geoffrey Bick, University of the Witwatersrand (Jan 2003), Valuing Brands and Brand Equity: Methods and Processes. 54. Sophie Roberts, (February 2011), Brand valuation: the methodologies, Intellectual Property Magazine. 55. Kevin Thompson, (Jan 6, 2007), Advantages and disadvantages of historical cost accounting, http://www.associatedcontent.com/article/110085/advantages_and_disadvantages_of_historical.html?cat=3 56 62. The 100 Top Brands, The Global Brand Scoreboard, August 2, 2004, Business Week.

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