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Determinants of Korean direct investment in Vietnam: implications for policy

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Frame of Image CY
2006 Professor Seong Ho Cho
ABSTRACT
DETERMINANTS OF KOREAN DIRECT INVESTMENT IN VIETNAM: IMPLICATIONS FOR POLICY By Vuong, Hieu Thi Minh
This study addresses the main determinants, including pull and push factors, leading to the investment decision of Korean firms into Southeast Asian countries generally and Vietnam particularly. The author aims to describe the typical features of Korean investment in Vietnam and explain the reasons prompting Korean investors to engage in investment activities. Qualitative and quantitative techniques are applied in collecting the data. With analyzing methods including logical reasoning, comparative method and bivaritate analysis, the author finds that among the push factors prompting Korean to invest in Southeast Asia, low labor cost proves the key determinant. As for a particular case of Vietnam, pull factors include a competitive legal framework, low labor cost, an emerging market and cultural proximity to Korea. However, in a fierce competition context, the determinants implicit hinders for Vietnam in inducing and nurturing Korean direct investment. The country is facing with a series of challenges namely language barrier and information unavailability; bureau and red tape; inadequate infrastructure quality; and lack of supporting industries, which need tackling seriously in the coming time.
Copyright by Vuong Thi Minh Hieu 2006
Dedicated to Le Tuan Anh
i
ACKNOWLEDGEMENTS
The idea of the thesis theme first came across my mind in a lect


Full Text
Title Determinants of Korean direct investment in Vietnam: implications for policy
Similar Titles
Material Type Reports
Author(English)

Vuong, Hieu Thi Minh

Publisher

[Seoul]:KDI School of Public Policy and Management

Date 2006
Pages 102
Language English
File Type Documents
Original Format pdf
Subject Economy < Direct Investment
Holding KDI School of Public Policy and Management