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Trade Liberalization, Economic Reforms and Foreign Direct Investment – A Critical Analysis of the Political Transformation in Vietnam

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  • Nguyen, V.C.

Abstract

The purpose of this study is to discuss the trends of integration into the global economy since political and economic reforms (so-called Doimoi) and its influence on every presence of foreign investment in Vietnam. Lasting 20-year-war period and ended in 1975, by the mid-1980s per capita income was stuck between $200 and $300, Vietnam’s government introduced Doimoi through a series of reforms, and steered the country to be a socialist-oriented market economy. Based on the analysis of reform process and integration, the results are concerned. Our results demonstrate that foreign direct investment performance has significantly embraced trade liberalization with gusto. Further, the open trade policy in relation to FTAs could significantly promote foreign investment and maximize its benefits on the economy.

Suggested Citation

  • Nguyen, V.C., 2020. "Trade Liberalization, Economic Reforms and Foreign Direct Investment – A Critical Analysis of the Political Transformation in Vietnam," OSF Preprints ba2q9, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:ba2q9
    DOI: 10.31219/osf.io/ba2q9
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    References listed on IDEAS

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    Cited by:

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    4. Le Kieu Oanh Dao & Thuy Tu Pham & Van Chien Nguyen, 2020. "Factors Affecting the Competitive Capacity of Commercial Banks: A Critical Analysis in an Emerging Economy," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 11(4), pages 241-254, July.

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