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The role of foreign direct investment in technology development in Vietnam

Cogent social sciences, 2024-12, Vol.10 (1) [Peer Reviewed Journal]

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Title:
The role of foreign direct investment in technology development in Vietnam
Author: Phi, Vinh Tuong ; Tran, Khanh Hung ; Hoang, Viet Ha ; Dong, Van-Chung
Subjects: Development Studies ; Foreign direct investment ; Komalsingh Rambaree, Social Work and Criminology, University of Gävle, Gävle, Sweden ; technology development ; technology transfer ; Vietnam
Is Part Of: Cogent social sciences, 2024-12, Vol.10 (1)
Description: AbstractVietnam is regarded as one of the developing countries that successfully attracts foreign direct investment (FDI). Approaching and transferring technology in FDI projects is the top priority in promoting Vietnam’s FDI attractiveness strategy. The estimated results show that FDI positively contributed to technology development, stimulating innovation in science and technology applications while improving competitiveness for domestic enterprises. However, due to the lack of R&D activities and management capabilities, it still has numerous difficulties in applying and transferring technology to Vietnam. Therefore, to enhance the efficiency of FDI on technology development, Vietnam needs to strongly implement further solutions.
Publisher: Taylor & Francis Group
Language: English
Identifier: ISSN: 2331-1886
EISSN: 2331-1886
DOI: 10.1080/23311886.2023.2300514
Source: Taylor & Francis Open Access
ROAD: Directory of Open Access Scholarly Resources
ProQuest Central
DOAJ Directory of Open Access Journals

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