DIRECT INVESTMENT IN VIET NAM FROM ASEAN COUNTRIES IN THE CONTEXT OF AEC FORMATION IN 2015
Journal: Ekonomické trendy (Vol.1, No. 4)Publication Date: 2016-11-20
Authors : D. T. Thanh;
Page : 65-75
Keywords : ASEAN; Vietnam; FDI; Community Culture ? Society; ASEAN Economic Community; direct in- vestment;
Abstract
Foreign investment capital is an integral part of the total investment socioeconomic in each country, it is the necessary condition to exploit and develop domestic resources. Along with the process of globalization, the role of foreign direct investment (FDI) is becoming increasingly important. For developing countries in gen- eral and Viet Nam in particular, FDI is more meaningful, indicated as an important role in the provision of capi- tal, technology and the expansion of production scale, the creation of new production capacity, the improvement of competitiveness of Vietnam enterprises in the process of international integration. In recent years, trends of FDI in Viet Nam has changed as a result of factors from both inside and outside the country. The fact that, in- stead of developing the trend is increasing, the amount of FDI in Viet Nam has rapidly declining, especially the capital inflows from ASEAN countries in 2 times: the financial crisis of 1997 and after the crisis, the global re- cession of 2008. However, since 2013, FDI from ASEAN countries to Viet Nam started to show signs of recov- ery, especially in 2014 and 2005 as it has made spectacular recovery and opened new prospects
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