Volume 7, Issue 8 (August 2020), Pages: 17-27
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Original Research Paper
Title: Scale of investment capital and performance of foreign direct investment: The case of Vietnam FDI enterprises
Author(s): Nguyen Phuc Hai, Vu Ngoc Xuan *, Truong Nhu Hieu
Affiliation(s):
Center for Analysis, Forecasting and Sustainable Development, National Economics University, Hanoi, Vietnam
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* Corresponding Author.
Corresponding author's ORCID profile: https://orcid.org/0000-0003-4364-9785
Digital Object Identifier:
https://doi.org/10.21833/ijaas.2020.08.003
Abstract:
This article is based on data of annual enterprise surveys and surveys on the use of technology in production by manufacturing enterprises to analyze the relationship between the scale of foreign direct investment capital and the performance of FDI enterprises in Vietnam during 2008-2019. The authors analyze data from 6200 FDI enterprises in the 2008-2019 period. Stata 14.0 and SPSS 20.0 software are used to process data. Statistical analysis shows that Vietnam's policies on attracting and using FDI capital need to focus on attracting high-invested projects, especially in services with high-tech knowledge and copper content. At the same time, there are measures to reduce the number of small-scale FDI projects investing in low-content market service industries or low-tech manufacturing industries. The results show that the trend of small FDI projects investing in Vietnam creates risks to the development of the FDI enterprises sector as well as in the implementation of Vietnam's sustainable development strategy during the period next time.
© 2020 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords: Foreign direct investment, Manufacturing enterprises, Technology enterprises
Article History: Received 21 January 2020, Received in revised form 27 April 2020, Accepted 28 April 2020
Acknowledgment:
This research is a product of the National Research Project KX01.28/16-20 "Developing foreign direct investment sector in implementing Vietnam's sustainable development strategy."
Compliance with ethical standards
Conflict of interest: The authors declare that they have no conflict of interest.
Citation:
Hai NP, Xuan VN, and Hieu TN (2020). Scale of investment capital and performance of foreign direct investment: The case of Vietnam FDI enterprises. International Journal of Advanced and Applied Sciences, 7(8): 17-27
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