Factors affecting the attraction of foreign direct investment: A study in northwest of Vietnam
Foreign direct investment (FDI) plays an important role in economic growth for developing countries where there is always a shortage of investment capital. Its role is manifested through promoting economic restructuring, expanding markets, promoting exports, developing human resources and providing...
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Format: | Article |
Language: | English |
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Growing Science
2021-01-01
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Series: | Accounting |
Online Access: | http://www.growingscience.com/ac/Vol7/ac_2021_98.pdf |
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author | Hoa, Phuong Tran Thu, Ha Nguyen Thi Duc, Duong Nguyen |
author_facet | Hoa, Phuong Tran Thu, Ha Nguyen Thi Duc, Duong Nguyen |
author_sort | Hoa, Phuong Tran |
collection | DOAJ |
description | Foreign direct investment (FDI) plays an important role in economic growth for developing countries where there is always a shortage of investment capital. Its role is manifested through promoting economic restructuring, expanding markets, promoting exports, developing human resources and providing new technologies for development. Therefore, FDI has always been addressed as the top concern of governments in developing countries. However, FDI inflows often fluctuate because of many factors related to the competitive environment, such as market size, economic openness, competition in labor resources, etc. There are many empirical studies related to FDI inflows. However, most of these studies are carried out in developed countries. Meanwhile, in developing countries, there is not as much as this kind of study. On the other hand, the empirical research results are not consistent. This article will analyze the factors affecting FDI in the Northwest region of Vietnam in the context of global economic integration in the period of 2000 - 2019, from which we draw out the policy implications that can be applied to Vietnam. |
first_indexed | 2024-04-11T19:13:15Z |
format | Article |
id | doaj.art-4eb9415e051643809b778b3c84f71ae5 |
institution | Directory Open Access Journal |
issn | 2369-7393 2369-7407 |
language | English |
last_indexed | 2024-04-11T19:13:15Z |
publishDate | 2021-01-01 |
publisher | Growing Science |
record_format | Article |
series | Accounting |
spelling | doaj.art-4eb9415e051643809b778b3c84f71ae52022-12-22T04:07:32ZengGrowing ScienceAccounting2369-73932369-74072021-01-01761257126410.5267/j.ac.2021.4.014Factors affecting the attraction of foreign direct investment: A study in northwest of VietnamHoa, Phuong TranThu, Ha Nguyen ThiDuc, Duong NguyenForeign direct investment (FDI) plays an important role in economic growth for developing countries where there is always a shortage of investment capital. Its role is manifested through promoting economic restructuring, expanding markets, promoting exports, developing human resources and providing new technologies for development. Therefore, FDI has always been addressed as the top concern of governments in developing countries. However, FDI inflows often fluctuate because of many factors related to the competitive environment, such as market size, economic openness, competition in labor resources, etc. There are many empirical studies related to FDI inflows. However, most of these studies are carried out in developed countries. Meanwhile, in developing countries, there is not as much as this kind of study. On the other hand, the empirical research results are not consistent. This article will analyze the factors affecting FDI in the Northwest region of Vietnam in the context of global economic integration in the period of 2000 - 2019, from which we draw out the policy implications that can be applied to Vietnam.http://www.growingscience.com/ac/Vol7/ac_2021_98.pdf |
spellingShingle | Hoa, Phuong Tran Thu, Ha Nguyen Thi Duc, Duong Nguyen Factors affecting the attraction of foreign direct investment: A study in northwest of Vietnam Accounting |
title | Factors affecting the attraction of foreign direct investment: A study in northwest of Vietnam |
title_full | Factors affecting the attraction of foreign direct investment: A study in northwest of Vietnam |
title_fullStr | Factors affecting the attraction of foreign direct investment: A study in northwest of Vietnam |
title_full_unstemmed | Factors affecting the attraction of foreign direct investment: A study in northwest of Vietnam |
title_short | Factors affecting the attraction of foreign direct investment: A study in northwest of Vietnam |
title_sort | factors affecting the attraction of foreign direct investment a study in northwest of vietnam |
url | http://www.growingscience.com/ac/Vol7/ac_2021_98.pdf |
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