mdh.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
STRATEGIES FOR ATTRACTING FDI TO VIETNAM
Mälardalen University, School of Business, Society and Engineering. Fudan University, School of Management, Shanghai, China. (Economic Sciences)ORCID iD: 0000-0003-4894-5989
2008 (English)Conference paper (Other academic)
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.

Place, publisher, year, edition, pages
Hanoi, Vietnam, 2008. 1-8 p.
Keyword [en]
FDI in Vietnam; foreign companies in China, India and Vietnam; investment improvement measures in Vietnam
National Category
Social Sciences
Research subject
Industrial Economics and Organisations
Identifiers
URN: urn:nbn:se:mdh:diva-24077OAI: oai:DiVA.org:mdh-24077DiVA: diva2:682925
Conference
Third International Conference on Vietnamese Studies, Vietnam: Integration and Development, Hanoi, December 4 – 7, 2008
Available from: 2013-12-30 Created: 2013-12-30 Last updated: 2016-05-02Bibliographically approved

Open Access in DiVA

No full text

Search in DiVA

By author/editor
Khan, Sikander
By organisation
School of Business, Society and Engineering
Social Sciences

Search outside of DiVA

GoogleGoogle Scholar

Total: 27 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf