Solutions to attract investment capital for tourism development: Evidence from Vietnam economy
The objective of this study is to propose solutions to attract investment capital for tourism development in Thanh Hoa province, Vietnam. Based on the theoretical framework following eclectic or “OLI model” developed by Dunning and Narula (1996) [Dunning, J., & Narula, R. (2003). Foreign direct...
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Growing Science
2020-01-01
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Series: | Accounting |
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Online Access: | http://www.growingscience.com/ac/Vol6/ac_2019_11.pdf |
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author | Huyen Le Hoang Ba Phuong Nguyen Thi Thu Thanh Ngo Chi Hanh Hoang Thanh Chinh Le Huy |
author_facet | Huyen Le Hoang Ba Phuong Nguyen Thi Thu Thanh Ngo Chi Hanh Hoang Thanh Chinh Le Huy |
author_sort | Huyen Le Hoang Ba |
collection | DOAJ |
description | The objective of this study is to propose solutions to attract investment capital for tourism development in Thanh Hoa province, Vietnam. Based on the theoretical framework following eclectic or “OLI model” developed by Dunning and Narula (1996) [Dunning, J., & Narula, R. (2003). Foreign direct investment and governments: catalysts for economic restructuring. Routledge.] and data of 660 questionnaires collected from a survey of tourism investors in Thanh Hoa provinces, we found some important influential factors affecting the attraction of investment for tourism development in Thanh Hoa province. In particular, the local government’s policy of attracting capital appears to have the highest level of importance. The study has some policy implications to increase the attractiveness of investment capital in tourism development in the area. |
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id | doaj.art-228fc33fa96a4dbfab93e8e8a5b5fa7f |
institution | Directory Open Access Journal |
issn | 2369-7393 2369-7407 |
language | English |
last_indexed | 2024-12-10T18:53:20Z |
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spelling | doaj.art-228fc33fa96a4dbfab93e8e8a5b5fa7f2022-12-22T01:37:14ZengGrowing ScienceAccounting2369-73932369-74072020-01-016220921410.5267/j.ac.2019.10.002Solutions to attract investment capital for tourism development: Evidence from Vietnam economyHuyen Le Hoang BaPhuong Nguyen Thi ThuThanh Ngo ChiHanh Hoang ThanhChinh Le HuyThe objective of this study is to propose solutions to attract investment capital for tourism development in Thanh Hoa province, Vietnam. Based on the theoretical framework following eclectic or “OLI model” developed by Dunning and Narula (1996) [Dunning, J., & Narula, R. (2003). Foreign direct investment and governments: catalysts for economic restructuring. Routledge.] and data of 660 questionnaires collected from a survey of tourism investors in Thanh Hoa provinces, we found some important influential factors affecting the attraction of investment for tourism development in Thanh Hoa province. In particular, the local government’s policy of attracting capital appears to have the highest level of importance. The study has some policy implications to increase the attractiveness of investment capital in tourism development in the area.http://www.growingscience.com/ac/Vol6/ac_2019_11.pdfinvestment attractiontourism developmentthanh hoa |
spellingShingle | Huyen Le Hoang Ba Phuong Nguyen Thi Thu Thanh Ngo Chi Hanh Hoang Thanh Chinh Le Huy Solutions to attract investment capital for tourism development: Evidence from Vietnam economy Accounting investment attraction tourism development thanh hoa |
title | Solutions to attract investment capital for tourism development: Evidence from Vietnam economy |
title_full | Solutions to attract investment capital for tourism development: Evidence from Vietnam economy |
title_fullStr | Solutions to attract investment capital for tourism development: Evidence from Vietnam economy |
title_full_unstemmed | Solutions to attract investment capital for tourism development: Evidence from Vietnam economy |
title_short | Solutions to attract investment capital for tourism development: Evidence from Vietnam economy |
title_sort | solutions to attract investment capital for tourism development evidence from vietnam economy |
topic | investment attraction tourism development thanh hoa |
url | http://www.growingscience.com/ac/Vol6/ac_2019_11.pdf |
work_keys_str_mv | AT huyenlehoangba solutionstoattractinvestmentcapitalfortourismdevelopmentevidencefromvietnameconomy AT phuongnguyenthithu solutionstoattractinvestmentcapitalfortourismdevelopmentevidencefromvietnameconomy AT thanhngochi solutionstoattractinvestmentcapitalfortourismdevelopmentevidencefromvietnameconomy AT hanhhoangthanh solutionstoattractinvestmentcapitalfortourismdevelopmentevidencefromvietnameconomy AT chinhlehuy solutionstoattractinvestmentcapitalfortourismdevelopmentevidencefromvietnameconomy |