Does Foreign Direct Investment Promote Economic Growth in Vietnam?

Foreign direct investment and economic growth in Zimbabwe: a dynamic causality test

“…Furthermore, FDI was found to have a strong impact on economic growth in Vietnam, by a study carried out by Hoang et al (2010). Their study further revealed that the additional capital from FDI inflow is the only channel that helps to increase the economic growth, whilst advanced technology and knowledge transfer from the FDI inflows were found to have no significant effect on economic growth in Vietnam.…”

“…These include those undertaken by Bogahawatte and Balamurali (2004) Adams (2009aAdams ( , 2009b, Ekanayake and Ledgerwood (2010), Hoang et al (2010), Tanggapantnam et al (2011), andAng (2009), amongst others. Bogahawatte and Balamurali (2004), in their study, discovered that FDI exerted a strong positive influence on economic growth in Sri Lanka.…”

Role of Foreign Direct Investment by Multinational Companies in Economic Growth of Nepal

“…On the other hand, MNCs can recoup funds from elsewhere to subsidize their costs in the host market, and in this way local companies could be put out of business and the MNCs obtain a monopoly market (Kurtishi-Kastrati, 2013). Hoang et al (2010) analyzed the effects of FDI on economic growth in Vietnam by using panel data from sixty-one provinces over the period [1995][1996][1997][1998][1999][2000][2001][2002][2003][2004][2005][2006]. This study finds that there is a strong and positive impact of FDI on economic growth in Vietnam, where the additional capital from FDI helps promote economic growth in Vietnam (Hoang et al, 2010).…”

“…Hoang et al (2010) analyzed the effects of FDI on economic growth in Vietnam by using panel data from sixty-one provinces over the period [1995][1996][1997][1998][1999][2000][2001][2002][2003][2004][2005][2006]. This study finds that there is a strong and positive impact of FDI on economic growth in Vietnam, where the additional capital from FDI helps promote economic growth in Vietnam (Hoang et al, 2010). Similarly, Koojaroenprasit (2012) , and the study finds that with an increase in aggregate investment by 1 percentage point of GDP, economic growth increases by 0.1% to 0.2% per year, but increasing FDI by the same amount, economic growth increases by approximately 0.6% a year.…”

FDI and Economic Growth: Does WTO Accession and Law Matter Play Important Role in Attracting FDI? The Case of Viet Nam

“…By using the panel data model across 61 provinces and cities of Vietnam in the period 1995to 2006, (Thu, 2010 shown that there is a strong and positive effect of FDI on economic growth in Vietnam. (Anh, 2003) proved that FDI contribution to growth was estimated to be about 7% out of 37% of total capital contribution to growth in the period 1988 -2002.…”