MINISTRY OF EDUCATION AND TRAINING
MINISTRY OF PLANNING AND INVESTMENT
VIETNAM INSTITUTE FOR DEVELOPMENT STRATEGIES
LAM THUY DUONG
ECONOMIC EFFICIENCY OF FOREIGN DIRECT
INVESTMENT IN VINH PHUC PROVINCE
Major : Development Economics
Code : 9 31 01 05
EXECUTIVE SUMMARY OF PHD DISSERTATION THESIS
HANOI - 2019
THE DISSERTATION IS COMPLETED AT VIETNAM INSTITUTE
FOR DEVELOPMENT STRATEGIES
Academic Instructors:
1. Assoc. Prof. PhD. BUI TAT THANG
2. Ph.D. PHAN THI THUY TRAM
Reviewer 1: Prof. PhD NGUYEN DINH HUONG
Reviewer 2: Assoc. Prof. PhD. TANG VAN KHIEN
Reviewer 3: Prof. PhD NGUYEN THANH DO
The dissertation will be defended at University level Council of Dissertation
Assessment at Vietnam Institute for Development Strategies
Time: ............, date ............. month .............., year 2019
The dissertation could be found at:
- Vietnamese National Library
- Library of Vietnam Institute for Development Strategies
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INTRODUCTION
1. The reason for choosing the topic
Vinh Phuc province is one of the localities attracting foreign direct
investment (FDI) into the country. Thanks to attracting a lot of FDI capital,
the economy of the province has increased significantly, the industry of the
province has changed towards the progress of export value and budget
revenue has increased relatively quickly, many jobs have been created ...
but when assessing the role and economic efficiency of FDI in the province,
it is still limited, both current and future have the pressure to improve
economic efficiency of FDI. So far, how to attract more FDI and how to
make the FDI sector more effective for Vinh Phuc is an unknown issue. At
the same time, in the whole country as well as at the local level, there is no
research on the economic efficiency of FDI in a systematic and
comprehensive way; especially, there is no research project of a doctoral
thesis. Facing such situation, the PhD student dicided to chose the issue of
"Economic efficiency of foreign direct investment in Vinh Phuc
province" as a PhD thesis in development economics.
2. Objectives and research tasks of the topic
2.1. Research objectives: Clarifying the main theoretical issues about
economic efficiency of FDI in the province to apply to the study of FDI in
Vietnam's localities. Proposing solutions to improve the economic
efficiency of FDI in Vinh Phuc province by 2025 with scientific bases;
thereby providing more scientific basis for local authorities in planning the
policy of attracting FDI, renewing the management of FDI enterprises and
improving the economic efficiency of FDI in the coming years.
2.2. Research tasks: To achieve the goal, the thesis will successfully
implement the main tasks: (1). Develop a theoretical basis for economic
efficiency of FDI in the province to create a theoretical basis to study the
thesis (in particular, to clarify the economic effect of FDI, the factors
affecting economic efficiency of FDI and assessment of economic
efficiency of FDI. From this requirement will have to conduct an overview
of the published research results at home and abroad. (2). Determining
clearly the achievements, limitations, weaknesses and causes of the
economic efficiency of FDI in Vinh Phuc province is still low in the period
2
of 2006-2017. (3). Proposing solutions to improve economic efficiency of
FDI in Vinh Phuc province until 2025.
3. Subjects and scope of research
a. Research object: The research object of the thesis is FDI and
economic efficiency of FDI in Vinh Phuc province (placed in relation to
state management on FDI and with the local economic development. ).
During the research process, the thesis has observed the FDI investment of
the whole country as well as some other provinces when necessary and
possible.
b. Research scope:
- In terms of science: Researching both theory and practice, both
current and future economic efficiency of FDI (placed in relation to
economic development efficiency and development investment efficiency),
the factors affecting the economic efficiency of FDI, economic efficiency
indicators of FDI; status, future economic efficiency of FDI and solutions to
improve economic efficiency of FDI to 2025 in Vinh Phuc province. The
thesis only focuses on studying the economic efficiency, social efficiency
and environmental effectiveness of the thesis mentioned only in the
theoretical part for systematic. The spillover of FDI enterprises is also an
important issue when assessing the contribution of FDI enterprises to the
provincial economy but due to the lack of data, the dissertation addresses
this issue with the possible efforts. The loss caused by FDI to the provincial
economy (through transfer pricing, to overcome environmental pollution ...)
is also a necessary issue when researching the contribution of FDI to Vinh
Phuc's economy but not There are data, so the thesis only mentions to help
look at the problem in a comprehensive way, but cannot analyze it deeply.
- In terms of time: Current status of research from 2006 to 2017 and
future research to 2025.
- In terms of space: Vinh Phuc Province and when conditions permit,
it will analyze and compare with other relevant localities.
4. Research framework
Implementing the principle of approaching the system and from the
viewpoint of adherence to the logic of thesis, the thesis developed the
general research theoretical framework as shown in Figure 1 and
approached the system throughout the research process.
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Figure 1: Research framework
Source: Author
5. Major contributions of the thesis
- In terms of theory and scholarship: The thesis proposes a new
concept of economic efficiency of FDI (not only economic efficiency of
FDI enterprises but also FDI enterprises' contribution to the economy.
economy of the province); points out factors affecting the economic
efficiency of FDI (in which state management and technology used by FDI
enterprises are more important); specify the evaluation content and
determine the criteria for evaluating the economic efficiency of FDI.
- In terms of practicality: Detecting limitations (economic efficiency
of FDI is low, slow and unstable). Pointing out the main reasons (state
management still has many shortcomings, FDI enterprises are small and
many FDI enterprises use low technology ...). Providing a scientific basis
for planning FDI attraction policies, renewing FDI management and giving
solutions to improve the economic efficiency of FDI in Vinh Phuc province
in the process of economic development. of this locality until 2025. At the
same time, propose the work of local authorities to improve the economic
efficiency of FDI in Vinh Phuc province in the coming time.
6. Approaches and research methods
The approach of the thesis is approaching the system, going from
theoretical research to analyzing the economic efficiency of FDI; go from
Objectives of the study
Research tasks:
1. How is the economic efficiency of a province's FDI
understood? How do factors affect the economic efficiency of
FDI? and What are the indicators of economic efficiency of
FDI?
2. What is the status of economic efficiency of FDI and
economic efficiency prospects of FDI in Vinh Phuc? What is
the cause of the unsatisfactory economic efficiency of FDI in
Vinh Phuc?
3. How to improve the economic efficiency of FDI in Vinh
Phuc province? Which solution is the most important
solution?
Review
Conclude
&
recomment
