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The Sophistication of Vietnamese Exports

Role of FDI Inflows

Bibliographic Data

ID2309569
AuthorsAnh Thu Nguyen (0000-0001-8447-2432, University of Economics and Business, Vietnam National University, Hanoi, Vietnam), Thi Thanh Mai Nguyen (0009-0001-2327-6419, Swinburne Vietnam, FPT University, Vietnam, corresponding author), Xuan Dong Nguyen (Diplomatic Academy of Vietnam, Vietnam)
Year2024
Volume61
Issue2
Pages1123-1139
Publication date2024-12-25
Open AccessYes
TypeARTICLE
VenueJournal of Asian and African Studies (JOURNAL)
Journal identifiersISSN: 0021-9096 • E-ISSN: 1745-2538
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/00219096241303939
OpenAlexW4405822020
LanguageEN
References cited35

This paper aims to empirically examine the impact of foreign direct investment (FDI) inflows into Vietnam on the sophistication levels of Vietnamese exports to its FDI source countries. Using Vietnamese FDI data from 2005 to 2022, following the unification of Vietnam's multiple laws on investment in 2005, which extended non-discriminatory treatment to all investors, this paper computes the sophistication levels of Vietnamese exports and employs Panel Corrected Standard Error (PSCE) models for analysis. The findings reveal a positive impact of FDI inflows on the sophistication of Vietnamese exports. In addition, the paper explores the underlying causes, particularly focusing on free trade agreement (FTA) and regional trade agreement (RTA) partners. The results indicate that the strongest positive impact comes from FDI inflows originating from high-income economies that are FTA or RTA partner countries

Business · Economics · Foreign direct investment · International economics · International trade · Macroeconomics · Sociology · Sophistication · Vietnamese · Global Financial Crisis and Policies · Global trade and economics · International Business and FDI

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Highly citedNo

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