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STRATEGIES FOR ATTRACTING FDI TO VIETNAM
Mälardalens högskola, Akademin för ekonomi, samhälle och teknik. Fudan University, School of Management, Shanghai, China. (Economic Sciences)ORCID-id: 0000-0003-4894-5989
2008 (Engelska)Konferensbidrag, Publicerat paper (Övrigt vetenskapligt)
Abstract [en]

Vietnam has been following an open-door policy regarding foreign direct investment (FDI) since the early 1990s. FDI plays a major role in the Vietnam economy.

It has been a latecomer in Southeast Asia for attracting FDI. The Asian financial crises of 1997 badly effected Vietnam. The FDI was less then US$ 4 billion per year during the period 1997 to 2002. However, since 2003 Vietnam has been successful in attracting a large amount of FDI.

In 2008, the FDI is expected to reach a record level of US$ 55 - 60 billion. This amount of FDI will be the second highest in Asia after China despite the present global economic meltdown.

Most of FDI is concentrated in the areas around Ho Chi Minh City (HCMC) and Hanoi. Vietnam has developed a system of industrial parks and export processing zones (EPZs) all over the country in order to provide suitable infrastructure and various other facilities to investors.

Vietnam's low labour costs and young, highly literate workforce from a population of over 85 million have made the country a popular manufacturing hub in Asia.

Despite many challenges in doing business faced by foreign investors in Vietnam, it is highly recommended to make FDI in Vietnam. However, investors must have a long-term perspective of this market.

This paper examines the following: overview of FDI into Vietnam; results of FDI implemented strategies (1988 – 2008); challenges faced by Vietnam; suggestions for investment improvement measures to be taken by Vietnam in the context of fierce competition, especially from China, India and Thailand.

Ort, förlag, år, upplaga, sidor
Hanoi, Vietnam, 2008. s. 1-8
Nyckelord [en]
FDI in Vietnam; foreign companies in China, India and Vietnam; investment improvement measures in Vietnam
Nationell ämneskategori
Samhällsvetenskap
Forskningsämne
industriell ekonomi och organisation
Identifikatorer
URN: urn:nbn:se:mdh:diva-24077OAI: oai:DiVA.org:mdh-24077DiVA, id: diva2:682925
Konferens
Third International Conference on Vietnamese Studies, Vietnam: Integration and Development, Hanoi, December 4 – 7, 2008
Tillgänglig från: 2013-12-30 Skapad: 2013-12-30 Senast uppdaterad: 2016-05-02Bibliografiskt granskad

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Khan, Sikander

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