FDI and Development in Vietnam

FDI and Development in Vietnam

Author: Hoang Mai Pham

Publisher: Institute of Southeast Asian Studies

Published: 2004

Total Pages: 182

ISBN-13: 9812302255

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As Vietnam's economy moves further along the path of development, this book presents urgent lessons for policymakers from the country's first decade of experience of FDI. A mere decade after the start of its reforms towards a market-oriented economy, a World Bank report named Vietnam the second largest recipient of foreign direct investment (FDI). Drawing on a wealth of hitherto unpublished data and qualitative analysis, this work critically examines the overall impact of FDI on Vietnams economy, as well as the performance of individual projects. A major finding is that government policy and intervention have been important in channelling foreign investment flows towards national and regional development goals. This book is also a significant addition to the debates on FDI-induced effects such as technology transfer and employment creation in developing countries. It will be of great interest to all those researching or involved in policymaking in transitional economies in particular.


Foreign Direct Investment in Emerging Markets - Vietnam and Korea

Foreign Direct Investment in Emerging Markets - Vietnam and Korea

Author: Roger Ramp

Publisher: GRIN Verlag

Published: 2009

Total Pages: 73

ISBN-13: 3640320654

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Seminar paper from the year 2009 in the subject Business economics - Investment and Finance, grade: 1,3, Berlin School of Economics (Hochschule für Wirtschaft und Recht (HWR) Berlin), course: International Corporate Finance, language: English, abstract: Foreign direct investment (FDI) is found almost everywhere in the world today and closely connected to worldwide globalization. Why do enterprises which are suc-cessfully operating in their home market decide on making investments in unknown and more insecure markets? Why do investment destinations have an interest in admitting foreign investors into the economy? Considering that FDI has grown in importance in the global economy in the last decades, obviously there has to be significant advantages for both sides. The World Investment Report (WIR) of UNCTAD reports in their recent publication (2008) high records in FDI flows in the world (UNCTAD 2008a). While developed countries still attract the largest volume of FDI inflows, developing countries possess the highest growth rate in drawing a significant volume of investment into their economy. Transforming and emerging markets in South, East and Southeast Asia particularly showed rapid development of generated inflows and their economies are prospering. China is a famous exam-ple. In our paper, we would like to introduce a not so well-known little tiger - Vietnam - and South Korea, which is after impressive growth in the last decades due to FDI now on its way to becoming an industrialized country. First we will give a short theoretical overview of FDI. We will not analyze all global flows and development of FDI. Our focus lies in the development and framework of FDI in both above-mentioned countries and answering the question which impact did FDI have on their economic development. Therefore follows an especially economical introduction of both countries and then a deeper look into sectors of FDI. We will give a short classification of development in Vietnam and in S


Development in Vietnam

Development in Vietnam

Author: Vu Tuan Anh

Publisher: Institute of Southeast Asian Studies

Published: 1994

Total Pages: 77

ISBN-13: 9813016833

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Vietnam's economy has been fundamentally changed by the policy reforms implemented in the 1980s to provide an environment that is more conducive for economic growth and social stabilization. The policy reforms have had a tremendous impact on economic activities and on all aspects of social life. The economy is presently moving from a centrally planned system largely based on public ownership to a market-oriented and mixed economy. Social structures and values have changed, and legal, institutional, and administrative systems are gradually changing as well. The reform process gives rise to exciting challenges and opportunities for development. Based largely on Vietnamese sources of data and information, this book presents an analysis of the main features of economic policy reforms in Vietnam, their socioeconomic impact, and several major theoretical and practical problems Vietnam faces on its path to development.


Foreign Direct Investment in Vietnam

Foreign Direct Investment in Vietnam

Author: Anh Ngoc Nguyen

Publisher:

Published: 2007

Total Pages: 67

ISBN-13:

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Vietnam has been quite successful in attracting FDI inflows since the inception of economic reform in 1986. The inflow of FDI has contributed significantly to the economic development of Vietnam. Still, the determinants of FDI inflow and its impacts on the economy of Vietnam are under-researched. In this paper we provide an overview of foreign direct investment (FDI) in Vietnam and attempt to review of the current status of economic research on the determinants of FDI and its impacts on the economy of Vietnam. Our regression analysis of the determinants of FDI spatial distribution across provinces points to the importance of market, labour and infrastructure in attracting FDI. Government policy as measured by the Provincial Competiveness Index (PCI), however, does not seem to be a significant factor at the provincial level. Foreign investors from different source countries seem to behave differently in choosing the location of investment.


Sectoral Analysis of Trade, Investment and Business in Vietnam

Sectoral Analysis of Trade, Investment and Business in Vietnam

Author: Tran Van Hoa

Publisher: Springer

Published: 2016-07-27

Total Pages: 213

ISBN-13: 1349146269

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The book, written by experts in their respective areas of official responsibility in Vietnam, provides a well researched, comprehensive, and concisely presented assessment and forecasts on opportunities for trade, investment, business, and cooperation in Vietnam for use by foreign companies, individuals, and institutions. The focus of the book is detailed sectoral analysis in which each of the twenty private and public sectors of the economy, from agriculture and rural development to industry, public administration, and ODA, are authoritatively surveyed, analysed, and suggested for development in the medium and long terms. Possible problems are also presented for evaluation and for risk management.


The Contribution of Foreign Direct Investment to Economic Growth in Vietnam During the Period 1990-2013

The Contribution of Foreign Direct Investment to Economic Growth in Vietnam During the Period 1990-2013

Author: Quoc Anh Ho

Publisher:

Published: 2018

Total Pages:

ISBN-13:

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The impact of foreign investment (FDI)on economic growth has been a controversial topic of debate among economic researchers. FDI is expected to bring many benefit to recipient countries, however there are also many potential disadvantages from a development point of view (Thirlwall, 2011). This paper will estimate the empirical impact of FDI on GDP growth of Vietnam during the period 1990-2013 and compare the impact between two divided periods: post and after the WTO accession of Vietnam in 2007. Firstly, the result shows that for the whole period, FDI has statistically and economically contribute to the growth of GDP in Vietnam. Secondly, the estimated result provides an evidence that FDI might have crowding out effect on domestic investment. Finally, it is shown that before joining the WTO, domestic source of investment has larger impact than FDI on GDP growth. But after the WTO accession there is weak statistical evidence to support the expectation that the impact of FDI on Vietnam's economic GDP growth has increased.