Cover image for FDI and development in Vietnam : policy implications
Title:
FDI and development in Vietnam : policy implications
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Publication Information:
Singapore : Institute of Southeast Asian Studies, 2004
ISBN:
9789812302250
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PSZ JB 30000010102344 HG5750.5.A3 P42 2004 Open Access Book
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Summary

Summary

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 Drawing on a wealth of hitherto unpublished data and qualitative analysis, this work critically examines the overall impact of FDI on Vietnams economy, as well as the performance of individual projects.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.