Foreign Direct Investment and Development in Vietnam: Policy Implications

✍ Scribed by Pham Hoang Mai

• Publisher: ISEAS Publishing
• Year: 2003
• Tongue: English
• Leaves: 183
• Category: Library

✦ Synopsis

As Vietnam’s economy moves further along the path of development, this book presents urgent lessons for policymakers from the country’s first decade of experience of FDI. A mere decade after the start of its reforms towards a market-oriented economy, a World Bank report named Vietnam the second largest recipient of foreign direct investment (FDI). Drawing on a wealth of hitherto unpublished data and qualitative analysis, this work critically examines the overall impact of FDI on Vietnam’s economy, as well as the performance of individual projects. A major finding is that government policy and intervention have been important in channelling foreign investment flows towards national and regional development goals. This book is also a significant addition to the debates on FDI-induced effects such as technology transfer and employment creation in developing countries. It will be of great interest to all those researching or involved in policymaking in transitional economies in particular.

✦ Table of Contents

Contents
Tables
Figures
Acknowledgements
Glossary
1. Introduction
2. Theoretical Overview of FDI
3. Socio-Economic Reforms and FDI in Vietnam
4. The Macroeconomic Impact of FDI in Vietnam
5. Foreign Direct Investment and the Industrialization Process in Vietnam
6. FDI, Vietnam’s Regional Development and Poverty Alleviation
7. Policy Implications
8. Conclusion
Appendix 1. Regression Analysis on Export Performance of Foreign Invested Enterprises, 1995–98
Appendix 2. Regression Analysis on Foreign Invested Enterprises’ Performance, 1998
Appendix 3. Regression Analysis on Provincial Allocation of Foreign Direct Investment, 1988–98
Bibliography
Index