Journal of Economic Development
No. 220 , April 2014, Page 79-96


An Evaluation of Relationship between Foreign Direct Investment and Economic Growth in Vietnam
Phạm Thị Hoàng Anh & Lê Hà Thu

DOI: 10.24311/jabes/2014.220.02
Abstract
Foreign direct investment (FDI) is an essential source of capital in the gross investment conducive to national economic growth, including the case of Vietnam. Since the 1987 Foreign Investment Law, the country has attracted a large amount of foreign capital, which makes a significant contribution to economic development. This research employs a VAR model to analyze the relationship between FDI and Vietnam’s economic growth. The results suggest that FDI has a positive impact on the latter and vice versa. The research also finds that FDI stimulates export and improves the quality of human resources and technology - important prerequisites for the economic growth.

Keywords
Fdi; Economic Growth; Var Model; Vietnam.
Download
Capital Conservation and Development in Joint Stock Companies
2019, Journal of Asian Business and Economic Studies More

Informatics and Vietnam's Industrialization and Modernization
2019, Journal of Asian Business and Economic Studies More


Development Economics Center New Facility for Teaching and Learning in UEH
2021, Journal of Asian Business and Economic Studies More

HCMC University of Finance & Accountancy: 20 Years of Development
2021, Journal of Asian Business and Economic Studies More