Volume 7, Issue 4 (April 2020), Pages: 21-28
Original Research Paper
Title: Factors affecting foreign direct investment: Evidence at foreign technology enterprises in Vietnam
Author(s): Vu Ngoc Xuan *
Center for Analysis, Forecasting and Sustainable Development, National Economics University, Hanoi, Vietnam
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* Corresponding Author.
Corresponding author's ORCID profile: https://orcid.org/0000-0003-4364-9785
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The objective of this paper is to test the theoretical model of the factors affecting the attraction of foreign direct investment (FDI) into businesses in Vietnam. The author collected information about 100 foreign technology enterprises with 360 surveys in Hanoi, Da Nang, and Ho Chi Minh City. The author uses SPSS software version 20.0 for analysis. The research results show that: investor's decision is directly affected by eight factors: (1) infrastructure; (2) human resources; (3) quality of public services (CLDV); (4) Advantage of investment sector (LTDT); (5) national brands (THDP); (6) investment policy (CSDT); (7) living and working environment (MTS); (8) competitive input cost (CPDT); of these eight factors, human resources and infrastructure are the two factors that have the most impact on the decision to attract investment from foreign technology enterprises in Vietnam. From the results of the analysis, the author recommends that the Government should promulgate supporting policies and services to attract foreign technology enterprises to invest in Vietnam in the context of Industry 4.0.
© 2020 The Authors. Published by IASE.
This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).
Keywords: Technology enterprises, Foreign direct investment, Support policies, Support services, Purchasing power parity
Article History: Received 3 November 2019, Received in revised form 15 January 2020, Accepted 17 January 2020
This research is funded by National Economics University, Hanoi, Vietnam.
Compliance with ethical standards
Conflict of interest: The authors declare that they have no conflict of interest.
Xuan VN (2020). Factors affecting foreign direct investment: Evidence at foreign technology enterprises in Vietnam. International Journal of Advanced and Applied Sciences, 7(4): 21-28
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