Regression Analysis and Policy Recommendations for Attracting FDIs
DOI:
https://doi.org//10.32628/IJSRST52310358Keywords:
FDI, foreign direct investment, investment capital, labor productivity, province,Abstract
Recognizing the importance of FDI for economic growth in general, and especially national labor productivity, Vietnam has made many efforts over the years to ensure the establishment of a favorable environment for FDI. investors through policies to encourage and attract FDI. In the theoretical basis, there have been many studies on the role of FDI in labor productivity, but most of them are at the enterprise. This study suggests: localities need to establish regulations and standards to select foreign investors with advanced and capable technology, contributing to increasing local labor productivity, contributing to sustainable development. Localities also need to strengthen research, development, creativity and technical improvement in the process of using technology; select appropriate technologies, prepare conditions for receiving and promote the technological level when approaching FDIprojects.
References
- Anwar, Sajid, and Lan Phi Nguyen. (2011). Foreign Direct Investment and Trade: The Case of Vietnam. Research in International Business and Finance 25: 39–52.
- Blomström, M., &Sjöholm, F. (1999). Technology transfer and spillovers: Does local participation with multinationals matter? European Economic Review, 43(4–6),915–923.
- Blomström, M., &Sjöholm, F. (1999). Technology transfer and spillovers: Does local participation with multinationals matter?.European economic review, 43(4-6),915-923.
- Boghean, C., & State, M. (2015). The Relation between Foreign Direct Investments (FDI) and Labour Productivity in the European Union Countries. Procedia Economics and Finance, 32(15),278–285.
- Chuong, P. H., & Bao, H. D. (2021). Differences in the impact of foreign direct investment on the productivity of Vietnam's corporate sector. Economic & Development Review - National Economics University, 287,2–12.
- de Backer, K., &Sleuwaegen, L. (2003). Foreign ownership and productivity dynamics. Economics Letters, 79(2),177–183.
- ĐỗThịPhượng. (2020). Ảnhhưởngcủakhối FDI đếnnăngsuấtlaođộngtoànnềnkinhtếViệt Nam. Tạp Chí CôngThương, 12,120–123.
- Driffield, N., Munday, M., & Roberts, A. (2002). Foreign direct investment, transactions linkages, and the performance of the domestic sector. International Journal of Phytoremediation, 21(1), 335–351.
- Dung, V. T. T., Huy, D. T. N., Thach, N. N., & Thuy, N. T. (2021). Enhancing the capabilities of students after graduation-a case study at university of economics and business administration-thainguyen university, vietnam. Elementary education online, 20(4), 592-592.
- General Statistics Office. (2022). Statistical Yearbook - The Statistical Yearbook 2021. Statistical PublishingHouse.
- Ha, T. T. H. (2019). Modern corporate governance standards and role of auditing-cases in some Western european countries after financial crisis, corporate scandals and manipulation. International Journal ofEntrepreneurship.
- Hanh, H. T., Chuyen, B. M., Huy, D. T. N., Phuong,N.T.T.,Phuong,H.T.L.,&Nuong,L.N. (2020). Challenges and opportunities from impacts of fdi and income on environment pollution: role of financial accounting transparency in fdi firms. Journal of Security & Sustainability Issues, 10(2).
- Hoang, N. T., & Huy, D. T. N. (2021). Cost-benefit Analysis of FDI: FDI Barriers and Firm Internal Capabilities. RevistaGeintec-GestaoInovacao E Tecnologias, 11(3),1371-1381.
- Huy, D. T. N., Le, T. H., Hang, N. T., Gwoździewicz, S., Trung, N. D., & Van Tuan, P. (2021). Further researches and discussion on machine learning meanings-and methods of classifying and recognizing users gender on internet. Advances in Mechanics, 9(3),1190-1204.
- IMF. (1993). Balance of Payments Manual. In International Monetary Fund. International Monetary Fund.https://doi.org/10.2307/2549626
- Iršová, Z., &Havránek, T. (2013). Determinants of Horizontal Spillovers from FDI: Evidence from a Large Meta-Analysis. World Development, 42(1), 1–15.
- Javorcik, B. S. (2004). Does foreign direct investment increase the productivity of domestic firms? in search of spillovers through backward linkages. American Economic Review, 94(3), 605– 627.
- Lan, N. T. N., Yen, L. L et al. (2020). Enhancing roles of management accounting and issues of applying ifrs for sustainable business growth: a case study. Journal of Security & Sustainability Issues,10(2).
- Leung, Suiwah. (2009). Banking and Financial Sector Reforms in Vietnam. ASEAN Economic Bulletin 26: 44–57
- Liu, Q., Lu, R., &Qiu, L. D. (2016). Foreign Acquisitions and Target Firms’ Performance in China. World Economy, 40(1),2–20.
- N Nga, P Tuan, D Huy, D Huong. (2021). Relationship between Competitor-based Marketing Mix Strategies and Production Activities in Manufacturing and Renewable Energy Companies, Advances in Mechanics, 9(3), 1367-1378.
- Nam, Hoai T. (2016). The effect of foreign direct investment on income inequality in Vietnam. International Journal of Economics, Commerce and Management IV: 158–73
- ND Trung et al. (2021). ICT and digital tech effects on marketing strategies and choosing competitor affecting on business operation-A case in hotel and entertainment sector, Design Engineering, 7, 8437-8449.
- P Van Tuan et al. (2021). Technology Applications, IT Effects on Marketing and Role of Digital Marketing In Stock Investment Industry-And Industrial Competitors Impacts On Business Risk Level, Design engineering, 1828-1843
- Puertas, R., L. Martí, and L. & García, Logistics performance and export competitiveness: European experience. 2014. 41(3): p. 467-480. [Google Scholar]
- P Anh, DTN Huy. (2021). Internet benefits and digital transformation applying in boosting tourism sector and forecasting tourism management revenue, Management
- Quoc Hoi Le et al. (2021). The Impact of Foreign Direct Investment on Income Inequality in Vietnam, Economies 2021, 9(1), 27; https://doi.org/10.3390/economies9010027.
- OECD. (1996). Benchmark Definition of Foreign Direct Investment (3rd Editio). Organisation for Economic Cooperation andDevelopment.
- Phuong, N. T. T., Huy, D. T. N., & Van Tuan, P. (2020). The evaluation of impacts of a seven factor model on nvb stock price in commercial banking industry in vietnam-and roles of Discolosure of Accounting Policy In Risk Management. International Journal of Entrepreneurship, 24, 1- 13.
- Samuelson, P., & Nordhaus, W. (2009). Economics (19th editi). McGrawHill.
- Saurav, A., & Ryan, K. (2020). A Literature Review on the Effects of FDI on Local Firm Productivity. WorldBank Finance, Competitiveness &Innovation.
- Singh, A. P. (2017). Does FDI Promote Productivity? A Deep Dive. Indian Journal of Industrial Relations, 52(3),443–455.
- ThiNgu,D.,Huong,D.T.,Huy,D.T.N.,Thanh, P. T., &Dongul, E. S. (2021). Language teaching application to English students at master's grade levels on history and macroeconomic-banking management courses in universities and colleges. Journal of Language and Linguistic Studies, 17(3), 1457-1468.
- ThiHoa,N.,Hang,N.T et al. (2021). Human resource for schools of politics and for international relation during globalization and EVFTA. Elementary education online, 20(4).
- TTH Ha et al. (2019). Modern corporate governance standards and role of auditing-cases in some Western european countries after financial crisis, corporate scandals and manipulation, International Journal of Entrepreneurship
- TDT Vu et al. (2021). Human Education And Educational Issues For Society And Economy-Case In Emerging Markets Including Vietnam, Elementary education Online 20 (2)
- TH Le et al. (2021). Solutions To Enhance Students’ Awareness In E-Learning Training-And Technical Application For Education Quality Enhancement At Colleges And Universities, Design Engineering, 7648-7659
- VTT Dung et al. (2021). Enhancing the capabilities of students after graduation-a case study at university of economics and business administration-thainguyen university, vietnam
- VQ Nam et al. (2021). Suggested Risk Policies from Comparison of 2 Groups of Vietnam Banks-Previous SOE Banks and Private Banks During Post-Low Inflation Period 2015-2020, RevistaGeintec-GestaoInovacao E Tecnologias 11 (2), 531-546
- VQ Nam et al. (2021). Increasing Agricultural Productivity, Quality and Quantity of Coffee and Tea Crops Planting and Marketing Mix Solutions-Methods of Eliminating Coffee Berry Borer and Insects in Nprth, Alinteri Journal of Agriculture Sciences 36 (1)
- VQ Nam et al. (2021). Solutions to Promote Startup for the Youth in Minoritty and Moutainous Region of Thai Nguyen Province-Vietnam, Journal of Contemporary Issues in Business and Government 27 (3), 2113-2118
- V Van Chung et al. (2021). Eastern philosophical theories and marxismlenin philosophies in vietnam society and education, Review of International Geographical Education Online 11 (8), 1586-1591
- VQ Nam et al. (2021). Internet of Things (IoTs) Effects and Building Effective Management Information System (MIS) in Vietnam Enterprises and Human-Computer Interaction Issues in Industry 4.0, Webology 18
- Thuy, D. V. T., Huy, D. T. N., Anh, V. T. K., Thach, N. N., & Hanh, H. T. (2021). Quality of education of ethnic minority communities in vietnam-problems and recommendations. Ilkogretim Online, 20(4).
- Tinh, D. T., Thuy, N. T., & Ngoc Huy, D. T. (2021). Doing Business Research and Teaching Methodology for Undergraduate, Postgraduate and Doctoral Students-Case in Various Markets Including Vietnam. Ilkogretim Online,20(1).
- Tram, P. N et al. (2021). Educational, Political and Socio-Economic Development of Vietnam Based on Ho Chi Minh’s Ideology. Ilkogretim Online,20(1).
- Trung,N.D.,Thu,B.T et al.(2022). Using English To Teach Students With Social Sciences Major-Via A Case Of Some Vietnam Newspapers With The Uk, Italian And French Approaches And Regulations On Publishing Fake News And Internet Crime. Journal of Language and Linguistic Studies, 17(3).
- Vu, T. D. T et al. (2021). Human Education And Educational Issues For Society And Economy-Case In Emerging Markets Including Vietnam. Ilkogretim Online, 20(2).
Downloads
Published
Issue
Section
License
Copyright (c) IJSRST
This work is licensed under a Creative Commons Attribution 4.0 International License.