The Determinants of Foreign Direct Investment (FDI) from Korean Enterprises to Haiphong City

Author:

Yeon Ko Tae1,Nguyen Minh Duc1,Dan Duc Hiep1

Affiliation:

1. Vietnam Maritime University

Abstract

In recent years, The Foreign Direct Investment (FDI) inflow of Korean enterprises into Haiphong is always considered as an important part in the social – economic developing strategies of the city. International groups, such as LG, Samsung… have considered their industrial bases in this country as extremely important nodes of global supply chain strategies. Haiphong, Thai Nguyen and some other provinces have been attractive places to set up business. The Haiphong city has many advantages of geography, transport connection, social stability but it needs to have more efforts to improve the inflow of foreign direct investment, especially from Korean enterprises. The article is going to focus on finding the determinant factors of FDI from Korean enterprises to Haiphong city by, first, analyzing relevant literature to construct theoretically a list of factors that affect the capability of attracting FDI, and then, carrying out the expert interviews to draw conclusions. The research results can be applied in further studies to further promote foreign direct investment in Haiphong as well as can be used by management level of the city in decision making and planning.

Publisher

Thuongmai University

Reference49 articles.

1. The World bank, 2019, Vietnam Development Report 2019: Connecting Vietnam for Growth and Shared Prosperity.

2. Editorial board of Vietnam Foreign Investment Annual Reports, 2021, Vietnam Investment Report 2021, Science and Technics Publishing House.

3. Adhana, D. K. (2016), Foreign direct investment in Indian agricultural sector: Opportunities and challenges. KAAV international journal of economics, commerce & business management, Vol. 3, pp. 32-37.

4. Ali, S., and Guo, W. (2005), Determinants of FDI in China. Journal of Global Business and Technology, Vol. 1 (2), pp. 21-33.

5. Anyanwu, J. C. (2012), Why Does Foreign Direct Investment Go Where It Goes?: New Evidence From African Countries. Annals of Economics and Finance, Vol. 13 (2), pp. 425-462.

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