FDI of Vietnam; Two-Way Linkages between FDI and GDP, Competition among Provinces and Effects of Laws

Chien, Nguyen Dinh; Zhang, Kezhong

doi:10.4236/ib.2012.42018

Cited by 10 publications

(4 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Despite persistent obstacles, these gradual and iterative reforms of the legal framework brought new waves of FDI into the country. Chien and Zhang (2012) show that the 2005 Investment Law substantially increased the amount of registered FDI capital. Viet Nam's experience also illustrates that major changes in the policy framework over time, such as introducing non-discrimination principles, offering legal stability, and improving investment guarantee measures, contributed to raising not only the amount but also the quality of FDI inflows into Viet Nam.…”

Section: Box 23 Viet Nam: Gradual Improvements In the Investment Framework Since The 1980smentioning

confidence: 98%

Foreword

2017

View full text Add to dashboard Cite

This work is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of OECD member countries. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.

show abstract

Section: Box 23 Viet Nam: Gradual Improvements In the Investment Framework Since The 1980smentioning

confidence: 98%

Foreword

2017

View full text Add to dashboard Cite

show abstract

“…Mũi tên số 4 tương ứng với độ trễ GDP 1 năm 23 được đưa vào mô hình như một biến kiểm soát của mô hình, bên cạnh đó là xem xét ảnh hưởng của GDP sau 1 năm liệu có ảnh hưởng đến GDP năm hiện hành hay không. Mũi tên số 5 tương ứng với 6 vùng kinh tế trọng điểm [26][27][28][29] và mũi tên số 6 tương ứng với lượng FDI được đầu tư vào 6 vùng kinh tế này 30 . Nghiên cứu tập trung phân tích ảnh hưởng của các yếu tố về FDI có tác động thế nào đến tăng trưởng ở Việt Nam.…”

Section: Mô Hình Lý Thuyếtunclassified

Impact of foreign direct investment on economic growth in Vietnam

Nguyen,

Duong,

Nguyen

2023

Sci. Tech. Dev. J. - Eco. Law Manag.

View full text Add to dashboard Cite

This study was conducted to determine the impact of foreign direct investment on economic growth in Vietnam. The dataset used in this study was collected from the Statistical Yearbook of the General Statistics Office of Vietnam (GSO, 2014, 2017, 2019). Data is taken from 63 provinces/cities in Vietnam in the period from 2010 to 2019 to examine the impact of FDI on growth in the last 10 years. The study uses quantitative research methods to assess the impact of factors on economic growth. Research results show that the variable FDI has a positive impact on economic growth in the short and long run. In the three economic sectors considered, FDI has a positive impact on the state sector and the foreign invested sector in the short and long term. In the non-state sector, FDI only has a positive effect in the short term, but no long-term effect is found in this sector. Besides, the export variable and the 1-year lagged variable of the dependent variable have the effect of increasing the economic growth, especially export is the factor that has the strongest influence on growth. Lower inflation will cause economic growth to increase. In addition, the human capital variable does not affect economic growth in general, but when considering each sector human capital has both positive and negative effects on economic growth.

show abstract

“…The governance quality of local governments is crucial because it has the power to reshape the rewarding structures (De Castro et al ., 2014; Nguyen et al ., 2018). This is particularly the case in developing post-communist economies, where formal institutions are incomplete and underdeveloped, leaving ample room for local authorities to interpret and manipulate central laws according to their own understanding or, even worse, for their own benefit (Chien and Kezhong, 2012). As such, in this study, we propose local governance as an important institutional determinant of small business investment.…”

Section: Literature and Hypothesismentioning

confidence: 99%

The relative importance of regional institutions and external finance for small business investment: evidence from Vietnam

Nguyen

2020

Journal of Institutional Economics

View full text Add to dashboard Cite

This study examines the relative importance of local institutions and external finance on small business investment. Utilising the institutional theory, we argue that local institutions and external finance have heterogeneous effects on firm investment. More importantly, they may interact and moderate each other. Analysing a set of 1.3 million observations of small businesses operating in Vietnam (2006–2016) obtained from the Annual Enterprise Survey data from the Vietnam Statistics Office, we find that local institutional settings and external finance are important determinants of firm investment. Moreover, local institutions are able to moderate the effects of external finance on firm investment. As such, this study asserts that conventional models cannot discern whether institutions or external finance are more important to firm investment. Rather, the relative importance of institutions and external finance should be investigated from the perspective of their interaction.

show abstract

FDI of Vietnam; Two-Way Linkages between FDI and GDP, Competition among Provinces and Effects of Laws

Cited by 10 publications

References 11 publications

Foreword

Foreword

Impact of foreign direct investment on economic growth in Vietnam

The relative importance of regional institutions and external finance for small business investment: evidence from Vietnam

Contact Info

Product

Resources

About