Question 1_Nghi +Nhi - Web tham kho tradingeconomics.com-web v GDP,inflation rate V cu 1 ch yu l cu kim s liu nn web ny chc cng gip ch cho hai b:3 1 a

Question 1_Nghi +Nhi - Web tham kho...

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Web tham kh o: tradingeconomics.com -web v GDP,inflation rate,... Vì câu 1 ch y u là ế câu ki m s li u nên web này ch c cũng giúp ích cho hai bà :3 ế 1. Based on the GDP reading, answer the following questions: a. According to the article, VN’s economy was boosted by two important factors: foreign investments and exports. Investigate on this, making sure to cite an example for each, presenting recent data (not older than 2014) to demonstrate the increase in these variables. Additional data and information is required to adequately answer this question. (3 marks) b. Citing from the article: “ Vietnam’s economy has benefited in the past five years from companies such as Samsung Electronics Co. setting up plants in the country, transforming it into a manufacturing hub for electronics goods, including smartphones.” Collect data for the following: b.1. value of Samsung’s investment in Vietnam b.2. number of employees of Samsung in Vietnam b.3. the development of Samsung’s production in Vietnam for the past five years, emphasizing on what was produced in the past and present. Based on the collected data, link this to the importance of FDI in a country’s development. Other firms may be used as an example to further strengthen your points. Compare and contrast Vietnam’s production in the past (1990’s-2000) and present (2014 and above), making sure to highlight the differences in the top ten manufactured goods. (5 marks) c.Investigate why Vietnam is an attractive destination for foreign investment. Highlight 4 key points and explain in detail. References will be marked. (2 marks) 1a, According to the article, VN’s economy was boosted by two important factors: foreign investments and exports. Investigate on this, making sure to cite an example for each, presenting recent data (not older than 2014) to demonstrate the increase in these variables. Additional data and information is required to adequately answer this question. Foreign investment has two typical types: foreign direct investment (FDI) and foreign portfolio investment (FPI). FPI is when a foreign company has a financial investment in a domestic company through buying stock, but the operation belongs to national organizations. Huyen (2016) states that FPI helps Vietnam to recover from the global economic downturn in 2008. When foreigners invest in this way, it increases an amount of money to run a business which helps them to improve technology and have more physical capitals to increase productivity. However, FPI is only about 0.05% of foreigners’ total investment in Vietnam according to Talk Vietnam (2016). Therefore, Vietnamnews (2015) claims that foreign direct investment (FDI) is the main factor to develop Vietnamese economy. FDI happens when a foreign company owns and has right to make all decisions in the operating firm. Thanks to economic reform from Vietnamese government called Doi Moi in 1980-s which established a
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new Foreign Investment Law to have an open economy. As a result, Vietnam has had 17,579 FDI projects which costed $251.8 billion since 1987 according to Vietnam News (2015) .
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