South Korea–Vietnam–India Trilateral Economic Cooperation
Prospects and Policy Implications
Bibliographic Data
| ID | 19590001 |
|---|---|
| Authors | Hoan Quang Truong (0000-0003-4735-4191, Medical Protective), Huong Thi Thu Nguyen (0000-0002-6738-7663) |
| Year | 2023 |
| Volume | 04 |
| Issue | 02 |
| Publication date | 2023-07-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Indian and Asian Studies (JOURNAL) |
| Journal identifiers | ISSN: 2717-5413 • E-ISSN: 2717-5766 |
| Publisher | World Scientific Pub Co Pte Ltd (PUBLISHER) |
| DOI | 10.1142/s2717541323400016 |
| OpenAlex | W4386806421 |
| Language | EN |
| Citations received | 1 |
| References cited | 13 |
Great attention has been paid to the bilateral economic relations between India, Vietnam, and South Korea; however, only scant research has focused on the prospects of triangular economic cooperation among the three countries. Given the advantage and demand for the cooperation of each party, there is significant potential for trilateral economic cooperation among South Korea, Vietnam, and India. In this paper, we discover the prospects for their triangular economic cooperation in three aspects. First, this study examines the potential for cooperation in production networks and supply chains between the three countries in the context of reconfiguring the global value chains (GVCs), with a focus on the leading role of South Korean multinational enterprises (MNEs). Second, the study explores trilateral cooperation in the digital economy and connectivity, focusing on how South Korea and India can collaborate on investment projects in Vietnam. Third, this study discusses the rationale and possibility of forming a regional trade agreement (RTA) between the three countries. South Korea, Vietnam, and India have extant bilateral trade agreements between two of the three countries; however, there is no regional integration among the three countries discussed in specific. Considering the bilateral relations and domestic and external factors, the paper reckons that an RTA for starters between the three countries would be mutually beneficial to each of the corresponding economies
Business · Economic integration · Economics · Economy · Extant taxon · Foreign direct investment · Geography · International trade · Multinational corporation · Political science · Asian Industrial and Economic Development · Global trade and economics · Indian Economic and Social Development
India–Vietnam Relations
Comparative Advantage and Heterogeneous Firms
The Supply Chain Diversification and India–South Korea Cooperation in a Contested East Asia in the Post-Covid-19 Era
Realigning India’s Vietnam Policy Through Cooperative Sustainable Development
India and Vietnam in the Indo-Pacific
India–South Korea Relations Under ‘Special Strategic Partnership’
Local sourcing in developing countries
India–Vietnam Relations since September 2016
Vietnam–India Economic Ties
| Citations per year | 0.33 |
|---|---|
| Citation span | 2023 - 2023 (1) |
| Highly cited | No |